For several weeks now we’ve been spot-lighting good practices in corporate governance and compliance during the Covid-19 crisis. Today we’re flipping the script to call out some stupendously inept corporate behavior in these difficult times. Everyone, say hello to the Boston Sports Club. BSC is one of those upscale urban personal fitness chains; you probably…

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IDORP

Well, here’s a stroke of luck: a compliance officer I know in the tech sector happened to begin a project at the start of this year — developing an infectious disease response program for his firm. Maybe this CCO had a premonition of the future; maybe he had an inkling that Covid-19 would become a…

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covid

As we all struggle to understand the new compliance challenges forced upon us by covid, today I pass along an example relayed to me by a compliance officer working in financial services. From nitty-gritty issues of policy and procedure, to substantive questions about risk assessment, my friend told quite the thought-provoking tale.  We’ll call my…

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IDORP

The following post has nothing to do with corporate compliance or audit, but it’s something that has been on my mind about the Covid-19 crisis for a while. Read it if you want; if not, skip this post and come back Monday for more coverage related to what we do. Anyway, my issue is this:…

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compliance jobs

We do indeed have a Compliance Jobs Report this week, despite all the world’s turbulence. A few new hires at troubled firms, a bunch of promotions, some vendors acquiring partners or launching new products, and several interesting new job openings. Also, for the first time — we’re skipping the Compliance Meme of the Week today,…

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pandemic

Like probably everyone on the planet, I haven’t been able to concentrate much this week. Coronavirus leaves us with unease in our mind and a pit on our stomach. Still, I’ve been looking for whatever resources might be useful to help compliance and risk officers develop some type of response to this menace, and have…

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covid-19

We are all frightened by the menace that COVID-19 is emerging to be — in the United States and overseas; in the public sector and private enterprise; at home and at work. So today let’s first begin with an uplifting video from Hubei, China, about what life can look like on the far side of…

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compliance jobs

Coronavirus may be here, but that will not disrupt the spirit of the corporate compliance community today. We have the Compliance Jobs report as usual, with promotions at Huntington Ingalls and elsewhere, new hires (in pharma and healthcare, as it so happens), and a few intriguing job openings. Our meme of the week goes out…

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conferences

Wednesday was a grim one for the compliance and audit communities: at least seven industry events were canceled, postponed, or scaled back dramatically, as coronavirus continues to thwart the camaraderie and exchange of ideas that have been the hallmarks of this profession for so long. Here is the latest list that I’ve been able to…

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IDORP

Another day, another gumdrop of guidance from financial regulators that’s worth reading for the whole compliance community. This time it’s FINRA, which published a bulletin Monday reminding broker-dealer firms about how to manage pandemic risk. FINRA has Rule 4370 for broker-dealers, which requires them to draft and maintain a business continuity plan. That rule doesn’t…

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