All Ethics & Culture articles – Page 29
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ArticleFive steps to elevate your average compliance program
Why settle for an average compliance program when you can have so much more? It isn’t easy, but commitment to a handful of key requirements can push your program to the next level.
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ArticleBinance enhancing compliance after recent U.K. ban
The CEO of cryptocurrency platform Binance touted the company’s growing commitment to compliance after one of its units was banned from operating in the United Kingdom.
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ArticleHow Uber toes the line between compliance and innovation
At CW’s TPRM virtual event, Dianna Jones, director of legal compliance at Uber, shared how the company seeks to build compliance into new initiatives without stifling innovation.
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ArticleCharles Duross: Tips for managing third-party FCPA risks
Charles Duross, former deputy chief of the DOJ’s Fraud Section, shared tips on how companies can best manage third parties and employees who willfully try to circumvent internal controls during his keynote speech at CW’s virtual TPRM conference.
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ArticleAre compliance officers good board material?
Compliance is perfectly primed to adapt, with the ability to influence change in culture as part of integrated and innovative approaches to risk management. Does that translate to the board level?
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ArticleDistinction between CCO and company key to any liability framework
Despite best effort, a chief compliance officer has a lot to lose when his or her company faces enforcement. Acknowledging this as part of any potential CCO liability framework will be important to its success.
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ArticleJuneteenth acknowledgement a reminder that influence comes in many forms
The designation of Juneteenth as a federal holiday shows the good that can come from when powerful people acknowledge difficult truths.
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ArticleActivist investor win at ExxonMobil should be wake-up call for companies
The growing scope and influence surrounding environmental activist campaigns promises to spill well beyond 2021. Recent developments should inspire boards to reassess how their company’s environmental initiatives align with long-term shareholder value.
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Article
Volkswagen secures $21.7M in executive clawbacks for Dieselgate roles
Volkswagen’s supervisory board announced agreements to recover €17.8 million (U.S. $21.7 million) in compensation from former executives and board members for their respective roles in the Dieselgate emissions scandal.
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ArticleJoe Murphy: Reflections of a compliance and ethics pioneer
Shortlisted for CW’s 2021 Lifetime Achievement award, Joe Murphy discusses blazing the trail in compliance and ethics, why incentives matter, and the single-most important skill of a compliance practitioner.
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Article‘Cost of Compliance’ survey reflects post-COVID landscape
A year removed from the start of the pandemic, the long-term effects the shift in work culture will have on the compliance profession have become more apparent. The “Cost of Compliance Report 2021” by Thomson Reuters reflects these changes.
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ArticleCompliance changing culture requires proactive collaboration
Compliance teams might recognize opportunities for changing culture. To do so, they need to adapt readily in both purpose and approach and embrace innovation.
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ArticleMy Compliance Library: ‘To Be Honest’ a roadmap to address organizational disunity
Ron Carucci’s book “To Be Honest” enables everyone in an organization to build “honesty as a muscle” and to operationalize aspirational goals and principles into an individual and group ethical capacity.
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ArticleEmbracing employee activism is good for business
The benefits of being perceived as a company that values employee input might outweigh the drawbacks, experts believe.
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ArticleCW21 Career Day takeaways: Buzz phrases to embrace for your personal brand
Over the course of Career Day at Compliance Week’s National Conference, the lineup of speakers used buzz phrases showcasing variations on a common theme: the importance of personal brand management in career success.
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ArticleAML culture is in need of a revamp
Bank culture continues to be a problem following the 2008 financial crisis, and strategies formed to prevent money laundering haven’t fared much better. It’s time for a new approach, writes Martin Woods.
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ArticleThink big, act small: How the ‘PI Guidebook’ actualizes career goals
No one can hold your hand up the corporate ladder, but Executive Coach and Consultant Amii Barnard-Bahn is willing to give you a nudge up every rung in her new book.
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PremiumChapter 4: Tangible measures of cultural progress at Volkswagen
At the end of the day, how does an organization measure the effectiveness of company-wide cultural initiatives? Volkswagen has answers, utilizing perception workshops, mood barometers, and new diversity and inclusion initiatives as part of its culture rebuild post-Dieselgate.
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PremiumChapter 5: Volkswagen’s path to winning back trust
Its monitorship now complete, Volkswagen’s new focus is to rebuild its reputation among its customer base. It’s a long process, says Board Member Hiltrud Werner, one supported by a shift in strategy.
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ArticleCompliance ‘well-situated’ to handle increasing ESG scrutiny
An expert panel at CW’s 2021 National Conference agreed that compliance is uniquely positioned to help companies in their ESG initiatives. The CCO and chief sustainability officer at FedEx share how this may look in practice.