3/31/15: It’s common knowledge – isn’t it? – that effective compliance reduces employee misconduct. A recent study by the Ethics Research Center (ERC) does more than rattle off common knowledge: it shows that effective ethics and compliance programs dramatically reduce employee misconduct and improve “every key measure...
3/31/15: The US Treasury Department’s Office of Foreign Assets Control (OFAC) and trade sanctions aren’t terms that roll off the tongue the same way as, oh say, the Department of Justice and the FCPA. Still, OFAC has teeth and trade sanctions represent a significant risk for global companies – something that became all too clear...
3/18/15: Governments, international organizations, and companies know that corruption is an international problem, not one that stops at a country’s borders or a company’s front door. One of the questions that pop up is how to pursue corrupt players and how to prosecute them. A February 26th post by...
3/18/15: The first answer to that question is inevitably that companies can prevent and detect corruption within their own organizations, educate their employees and third party partners, and reinforce an ethical corporate culture through a strong and effective communication program. But, participants at the...
3/18/15: It is rare for a corporate officer, director or trustee to receive a whistleblower award, but that’s exactly what happened recently when the US Securities and Exchange Commission (SEC) paid between $475,000 and $575,000 to a former company officer for reporting fraudulent activities inside his company. The former officer...
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