Menu6/12/18: In a post on Corruption, Crime & Compliance, Michael Volkov takes a hard look at the vigor with which CCOs focus on the compliance risks posed by the C-Suite. Noted Volkov, “I have repeatedly reminded compliance professionals that basic risk assessments and internal controls have to address C-Suite risks...
Compliance Communications Blog
May 23, 2018 •
5/23/18: This comes as no news to anyone lucky enough to have had a grandfather talented and patient enough to tell stories of “… how it used to be.” Stories have power. They stick in ways that lists and rules alone may not. That “stickiness” applies to ethics and compliance as well according to a number of experts.
May 23, 2018 •
5/23/18: A recent Client Memorandum from law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP provides an overview of DOJ’s new policy on coordinating corporate penalties imposed by more than one law enforcement or regulatory agency.
May 23, 2018 •
5/23/18: In a major FCPA settlement, Panasonic Avionics agreed to pay a criminal fine of $137 million, pay $143 million in disgorgement and retain a compliance monitor for two years.
That might be a lesson to Panasonic Avionics, but the lessons from the case may be far more important to other organizations.
May 23, 2018 •
5/23/18: The recently released 15th EY Global Fraud Survey produced some discouraging findings. According to the Survey, 38% of the approximately 2500 executives across 55 countries reported that corruption occurs widely in business. That’s not the most discouraging finding.
