All Risk Management articles – Page 2
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PremiumAs DOJ pivots away from white-collar enforcement, is FCPA still relevant?
While executives and boards will never conclude that bribery is a legitimate way of doing business, understandably many have questions about how to direct their FCPA compliance program efforts and resources, write Iris Bennett and Claire Rajan, partners at law firm Steptoe.
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PremiumShareholders back Apple sticking to DEI goals as Trump blasts move
Tech giant Apple solidified its commitment to diversity, equity, and inclusion at its annual shareholder meeting on Tuesday, with 97 percent of shareholders rejecting an anti-DEI proposal, according to a public filing.
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EventSummit will offer framework for ethical AI use
Artificial intelligence tools are being adopted at a rapid clip in many organizations, in some cases without proper guardrails and without taking ethical considerations into account. The first question many organizations ask when it comes to using AI is, “Can we do it?” Rather they should ask, “Should we do ...
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PremiumExperts explain why IIA's new global audit rules will be 'central' to securing high-quality assurance
Compliance teams should expect more support from their organization’s internal audit functions. That is the clear message from the Institute of Internal Auditors, the global body of national affiliated internal audit institutes, which has just put into action its new Global Internal Audit Standards.
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News BriefFinCEN announces FATF watchlist update: Laos, Nepal added, Philippines removed
The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced two countries have been added to the Financial Action Task Force (FATF) watchlist, while another has been removed.
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WebcastCPE Webcast: The 2025 Compliance Playbook: Addressing top risks and priorities
In this webinar, Resolver will present exclusive insights from our latest Compliance Week survey, exploring the strategic priorities for 2025 and how organizations can adapt to emerging challenges.
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PremiumCFTC first agency to describe self-reporting credit under Trump
The CFTC issued new guidance for firms seeking to self-report misconduct, accompanied by a “mitigation credit index” that details how “exemplary” cooperation and remediation can knock up to 55 percent off the final penalty. The agency is the first enforcement agency to issue self-reporting guidance under President Donald Trump.
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News BriefFormer Deloitte partner dinged by PCAOB for failures in Bancolombia audit
A former Deloitte partner will pay $75,000 and be barred from working as a public company registered accountant for two years by the Public Company Accounting Oversight Board after violating audit standards during a 2016 audit.
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PremiumTrump has called for a six-month ban on FCPA enforcement. How should compliance respond?
With a six-month ban on enforcement of the Foreign Corrupt Practices Act, compliance should retreat from fear-based messaging and instead focus on why ethical practices make good business sense, experts say.
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EventPhoto gallery: Cyber Risk & Data Privacy Summit
Compliance Week’s Cyber Risk & Data Privacy Summit, held Feb. 10-11 in Alexandria, Va., gathered legal, compliance, and risk professionals in person for the first time since before the pandemic to benchmark best practices on managing cyber risks.
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PremiumWhat’s keeping compliance leaders up at night? Struggles and strategies for 2025
Managing the unrelenting pace and increasing complexity of regulations is the top concern among compliance professionals, according to a recent survey by Compliance Week and Resolver.
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PremiumExperts: Prepare now with U.K. failure to prevent fraud offense on horizon
Fraud prevention is about to get more complicated with penalties rising sharply for U.K. organizations. Starting Sept. 1, larger businesses will be liable to criminal prosecution if any of their employees–or an agent, subsidiary, or other “associated person”–commits fraud that is intended to benefit the company.
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ArticleCW nomination deadline for 2025 ‘Excellence in Compliance Awards’ closed
The nomination deadline has closed for Compliance Week’s sixth annual “Excellence in Compliance Awards.”
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News BriefGM sued by FTC for selling location and behavioral data without drivers' consent
General Motors failed to disclose to customers that it tracked their precise locations and driving behavior and sold the data to third parties, the Federal Trade Commission alleged in a proposed order.
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News BriefSEC issues $63M in fines to dozen firms in ongoing off-channel comms sweep
Twelve more firms have been dinged with fines by the Securities and Exchange Commission for failing to properly supervise employees who used off-channel communications to conduct company business. In this latest round of enforcement actions, nine investment advisers and three broker-dealers will pay a total of $63 million.
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News BriefExperian failed to correct flawed financial data about consumers, CFPB complaint alleges
Experian, the credit reporting giant, let compliance slide when it came to addressing consumer complaints about incorrect data, the Consumer Financial Protection Bureau said in a lawsuit against the credit agency.
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News BriefPortuguese bank ousts chief risk officer after ‘suspicious’ transactions uncovered
Portuguese bank Novo Banco, S.A., fired Chief Risk Officer Carlos Jorge Ferreira Brandão “with just cause” after an internal probe discovered “suspicious financial transactions” in his sphere.
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PremiumExperts unsure of risk appetite as EU beefs up cyber rules for critical infrastructure
New rules on cyber risk management across the EU put execs firmly in the crosshairs for noncompliance and are likely to apply to a wider range of organizations than many business leaders may initially think. However, there are also concerns that the rules may become muddled across the wide bloc. ...
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PremiumTPRM critical as DORA, new FCA third-party engagement rules come into effect in 2025
New rules that push IT firms providing “critical” services to the U.K.’s financial sector to share more data about cyberattacks and resiliency measures have been welcomed by industry experts. However, concerns remain over how suppliers will be classified and how key data might be gathered and shared.
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PremiumGoogle’s fate under Trump could be a sign of antitrust battles to come in 2025
As Donald Trump begins his transition to become president, there are questions about the fate of tech companies, as well as regulators from multiple administrations. Google in particular is fighting a high-profile antitrust ruling after an investigation started by Trump in 2020 could be resolved in his next administration.