- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2022-12-07T13:00:00
After navigating a year of high-volume sanctions, labor shortages, economic turmoil, daunting policy proposals, and remote/in-person work tension, compliance departments deserve an added helping of praise.
After all, 2023 doesn’t figure to get any easier. Before the calendar turns over, it’s worth taking a step back and reflecting on the strong compliance- and ethics-minded choices businesses and regulators made over the course of the past 12 months.
I’ll include my yearly disclaimer: This list does not represent the compliance achievements that happen behind closed doors. No news is often good news in this profession. Instead, it calls attention to what I feel are strong examples of the right decisions being made for the right reasons and hopefully offers others in the industry something to benchmark their own efforts against.
Here are five compliance-oriented triumphs from 2022:
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2023-12-13T15:00:00Z By Kyle Brasseur
A financial services giant’s compliance mea culpa that could serve to benefit the rest of the profession, a chemical company’s praised FCPA settlement, and an example of the value of whistleblowers highlight CW’s annual list of laudable ethics and compliance moments.
2022-12-14T13:00:00Z By Kyle Brasseur
Chief compliance officers are earning more than before compared to previous years of our “Inside the Mind of the CCO” survey, though trends like differences in gender pay persist.
2021-12-08T13:00:00Z By Kyle Brasseur
A key CCO appointment, a company committed to transparency, and a bank that spent big on improving its AML controls highlight CW’s annual list of laudable ethics and compliance moments.
2025-03-11T14:37:00Z By Markus Hornburg, CW guest columnist
CFOs are tasked with overseeing an organization’s entire financial processes, not least ensuring that financial operations remain compliant with the multitude of global regulations. It’s a heavy burden to carry that might be alleviated slightly with the help of artificial intelligence, writes Markus Hornburg, head of compliance at Basware.
2025-01-30T16:32:00Z By Jeff Dale
Having worked for Compliance Week for three years, I’ve found it remarkable how compliance professionals can be so consistently upbeat about their plight. An often refrain in compliance circles is “be comfortable with being uncomfortable.” As difficult as the job can be, that clearly doesn’t mean it can’t be fun.
2024-12-24T13:45:00Z By Jeff Dale
It’s been a long “integrity journey” for Ericsson, according to the company’s Head of Compliance Global Affairs Alison Howell. Since settling with the DOJ over FCPA violations in 2019, the company has gone through a "business critical transformation," resulting in the end of its compliance monitorship.
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