Menu3/15/16: Remarks prepared for Assistant Attorney General Leslie R. Caldwell's speech at the American Bar Association’s 30th Annual National Institute on white collar crime illustrate recent actions by the US DOJ in its ongoing push against corporate fraud. Global coordination and cooperation play the central roles in the investigation and prosecution of corporate fraud. As well as providing a review of recent activities, the remarks provide good insight into what the DOJ and its international partners see as priorities and opportunities to work together.
Compliance Communications Blog
Mar 02, 2016 •
3/2/16: Some things happen just once a year – and that’s quite enough, thank you – including the annual April 15 tax deadline. Other things, like compliance training, can’t be limited to a once-a-year event if they are to be effective. Joel A. Rogers’ recent post on the Communicate Compliance Blog aims directly at the too-typical annual compliance training paradigm and addresses the question of why it isn’t enough with three key reasons. Understanding why once-a-year learning isn’t enough is the starting point to building a program that does achieve its goals of better compliance and ethical behavior.
Mar 02, 2016 •
3/2/16: PWC’s Global Economic Crime Survey 2016 paints a detailed picture of the state of global economic crime and the risk it poses not only to regulatory compliance but to a company’s bottom line and reputation. Overall, the picture is bleak, even though the study reports that most ‘traditional’ frauds including bribery and corruption have fallen somewhat since 2014 levels. That might seem positive, but other crimes including money laundering and cybercrime have remained the same or increased. PWC’s survey is broken down into multiple sections including one that drills down into the challenges of ethics and compliance.
Mar 02, 2016 •
3/2/16: The UK shook up the global anti-corruption landscape when it enacted the UK Bribery Act. Now, the newly enacted Modern Slavery Act is likely to continue that pattern through new requirements on many companies that do business in the UK. In a post on the Corruption, Crime & Compliance blog, Michael Volkov provides a brief overview of the new law, its limitations and requirements, and the new risks it may pose to compliant global supply chain management.
