Skip to content


Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

All posts by Guy Underwood

Compliance as a return on investment (Part 1)

This is Part One of a two-part series on how compliance must present their results to upper management and the board of directors as a return on investment.

Anyone following the mainstream media or subscribing to compliance or risk-management periodicals would be forgiven for thinking that compliance and risk management were top of mind for all boards and senior management at organizations around the world.… Continue Reading

Fraud is still a solo act

After 25 years of investigating instances of fraud and corruption, I am still amazed that otherwise law-abiding citizens will engage in fraudulent behavior. It also perplexes me that organizations place an extremely high weighting on the honesty of management and staff as a key fraud and corruption risk-mitigation tool.… Continue Reading

We love the rogue trader, until rogue means money lost

Look closely at traders who are performing significantly above their peers or the market. They have been trading outside of the risk criteria of their employers for a while, most likely. They are making money, so the behavior is tolerated and even rewarded.… Continue Reading

Audit role in finding fraud needs revamp

The halls of regulators and law enforcement agencies around the world appear to be full of government officials investigating cases of bribery and corruption.

In China, there are allegations involving pharmaceutical companies and information brokers, and in the UK, we are still seeing the fall-out from the Libor scandal involving some of the world’s most respected financial institutions.… Continue Reading