News and commentary about white-collar crime, enforcement, and compliance
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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
In June, we’re told, ChatGPT’s website generated 1.6 billion visits by at least 100 million users. Generative artificial intelligence is suddenly mainstream, creating written content, images, audio, and video.… Continue Reading
“Behavioral science is fascinating, but how do you apply it to the operational reality?” Last year this question kick-started a series of articles I’ve written on the FCPA Blog on how behavioral science can be effectively applied to ethics and compliance.… Continue Reading
At the gatehouse, the security guard passed me a Novartis visitor’s badge, and I turned to walk down Fabrikstrasse – the campus’ central boulevard. Two thoughts popped into my head: I think I’m too early (I was) and I hope these people are friendly (they were).… Continue Reading
New and old corporate dishonesty stories, such as Theranos, Wirecard, and Wells Fargo, highlight a fundamental weakness. Irrespective of the industry or the business maturity, the wrongdoing escalates when the lines of defense that should protect the organization from risk become Teflon barriers to any accountability process.… Continue Reading
After getting caught ignoring its employees and cheating on the CPA ethics exam, EY has become the latest example of how industry and company-level mindsets can turn into corporate liabilities. The SEC slapped a fine of $100 million on the audit firm, making it clear in their enforcement action that it was punishing both the cheating and the firm leadership’s failure to serve as a gatekeeper.… Continue Reading
Former federal prosecutor Serina Vash told the Harvard Business Review in 2016: “When I first began prosecuting corruption, I expected to walk into rooms and find the vilest people. I was shocked to find ordinarily good people I could well have had coffee with that morning.… Continue Reading
Performance management is a key part of organizational culture and leadership messaging. The way goals are set affects people’s behavior – Key Performance Indicators give employees guidance on how to act and prioritize.… Continue Reading
Nearly a third of employees in Singapore were aware of misconduct at work during the past year but many of them didn’t report it to management.… Continue Reading
Though in the aggregate the increase in modern differentiation and complexity has been a boon to humankind, it is perhaps helpful (or at least practical) to view these developments as evolutionary processes without telos.… Continue Reading
The first volume of the 2019 World’s Most Ethical Companies Insights Report series launched this week uses data obtained from the honoree companies to assess their programs and create industry benchmarks.… Continue Reading
According to the recently published EY Global Fraud Survey 2018, only 22 percent of respondents said that integrity is an individual responsibility. The remainder believe the primary responsibility for ensuring integrity sits with other groups in the organization including management (41 percent), the board (15 percent), HR (11 percent) and legal & compliance (9 percent).… Continue Reading
Some pioneering economists and psychologists have taken a closer look at how people behave — and the choices they make, such as in the workplace, to create a body of work called behavioral economics.… Continue Reading