Webinars
Companies recognize the need to develop robust due diligence procedures to review, monitor and audit third-party intermediaries, prospective acquisition and joint venture partners, and vendors/suppliers. A due diligence system, however, can get bogged down in details and procedures which have limited relevance. CCOs need to ensure that their
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You can learn a lot from other people’s mistakes. We all know that. In our FCPA world, we have a new poster child for blundering – Alstom. The handwriting is on the wall – as time goes on, the Justice Department is building a bigger and bigger FCPA case against Alstom.
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One of the hardest issues for compliance professionals is encouraging employees to raise concerns about ethics and compliance issues. It has become even more difficult when the government establishes whistleblower programs offering financial rewards for employees to tell the government about the problems. Employee surveys provide important and interesting information.
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People who consistently miss the point are frustrating. Focus is an important discipline. Whatever you do in life, the ability to focus is critical. In the compliance arena, the same principle rings true. It is easy to get “distracted” into a number of areas. CCOs are bombarded each day with
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The Justice Department and the SEC have pushed extraordinary changes in the field of anti-corruption compliance. If one looks back five years ago and compares the so-called best-practices from 2008 and compares them to recent pronouncements on anti-corruption compliance, the differences are stark. Here is a
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Sometimes predictions come true. Starting in 2011, the SEC sent shock waves through the private equity industry when it launched a general inquiry into private equity compliance with the FCPA. The SEC issued ten letters to investment banks and private equity companies requesting information about their interactions with sovereign wealth
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The difference between white collar and violent crime usually comes down to this: In most cases of violent crime, the actor’s state of mind is not at issue: the cases often center on whether the specific person charged was the one who killed/shot/assaulted the victim; if he
Events
Webinar: March 31, 2014, 12 Noon ESTKeeping Your Due Diligence System Manageable Sign Up Here Companies recognize the need to develop robust due diligence procedures to review, monitor and audit third-party intermediaries, prospective acquisition and joint venture partners, and vendors/suppliers. A due diligence system, however, can get bogged
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As I get older, I try and convince myself I am getting wiser. But I know that is not right. Maybe a better way to say it is I am better at guessing. Some like to call that educated guessing. Talk about an oxymoron. I can never understand why companies
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The title for this posting is a little ambiguous. What is the “cost” of compliance? Is it the cost of implementing an “effective” compliance program? Or is the “cost” to the company of an “ineffective” compliance program. Let’s just say it is both. I often criticize the compliance profession
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I was never a big fan of the Reagan Administration’ solution to America’s drug problem – Just Say No. The phrase was a simple solution to a more complex problem, one that people now recognize as a health problem rather than a question of free will. My concerns with the
Webinars
Companies recognize the importance of maintaining effective compliance programs. With the increase in enforcement activity, companies have turned to their Chief Compliance Officers to design and implement effective compliance programs. View more videos like this on the Volkov Law Group YouTube Channel.