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"Success is a journey, not a destination. It requires constant effort, vigilance and re-evaluation" - Mark Twain “As we look ahead into the next century, leaders will be those who empower others” – Bill Gates We all have known great “leaders” in our lifetime – a politician who inspired us,
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The New Year will bring a new focus on corporate board performance. The aggressive enforcement environment has had a dramatic impact on corporate ethics and compliance. CCOs have been empowered and gained independence. Reform at the corporate board level remains lackluster. Shareholder activism has risen but there has been little
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The compliance field has had an incredible five years. From backwater offices and responsibilities, CCOs are now taking a seat at senior management tables to provide important risk-based assessments and policies to enhance ethics and compliance and avoid government investigations and shareholder lawsuits. The compliance field is at an
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I try to avoid New Year’s resolutions because I usually do not stick to them. But the process is good as a way to organize your focus and energy. For Chief Compliance Officers, it is more important than ever to reexamine where they are professionally and set some goals
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When it comes to predicting ethics and compliance trends and events for the new year, I admit I needed some help. So I reached out to two leading ethics and compliance specialists in the industry – Donna Boehme (here) and Michael Scher (here), both of whom are well known and well
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Happy New Year!! For FCPA enforcement, 2013 was a banner year. It is hard to envision a more successful year for FCPA prosecutors. The new year -- 2014 -- will continue with aggressive FCPA enforcement, prosecutions of individuals (retrospective and prospective cases, with some interesting twists along the way. Each year is
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You can label this posting as another in the series of profound grasps of the obvious. Chief Compliance Officers rely on public relations skills – they have to convince their organizations to embrace a culture of ethics and compliance. The key communications challenge is to move beyond compliance to protect against
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To continue a “tradition” on Corruption Crime and Compliance, I like to end the year with recognition of the “person of the year,” referring to the institution which has had the most impact in the enforcement and compliance arena. Two years ago, I wrote a column naming the Chief Compliance
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The United States spends over $2.81 trillion dollars on health care annually and generates billions of claims from millions of health care service and product providers. The vast majority of these providers of services and products bill multiple payers, both private and public. In 2012, the Medicare program covered
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With all the hoopla over hiring of relatives of foreign officials, it is important to keep in mind the risks and how the FCPA applies. The talismanic concept for tan FCPA violation is “corrupt intent.” It is always difficult to know what is going on in someone’s mind (unless
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JP Morgan stands as the poster child for how not to interact and resolve issues with the federal government. After what appeared to be a difficult set of negotiations, the Justice Department and JP Morgan reached a record $13 billion financial settlement to resolve government claims against JP Morgan relating
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This is a very complicated case, Maude. You know, a lotta ins, lotta outs, lotta what-have-you's. And, uh, lotta strands to keep in my head, man. Lotta strands in old Duder's head. – The Big Lebowski (1998) Luckily, the Justice Department and SEC’s recent