Posts by Matt Kelly

Two Issues on SOX Compliance

compliance

More than 1,700 audit and compliance professionals have gathered in Nashville this week for Workiva’s annual user conference and the annual meeting of the SOX Professionals Group. Yours truly is on the scene, trying to capture all the good insight and latest news on SOX compliance. Here’s what we have from Day 1. Tuesday was…

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The Kavanaugh Compliance Lessons

Kavanaugh

Now that Brett Kavanaugh’s nomination to the Supreme Court has turned into a #MeToo meltdown, ethics and compliance officers should roll up their sleeves. Peel away the political dimension to this mess, and plenty of lessons emerge about investigations, whistleblower reports, and corporate values that are worth contemplating. We have several threads to pull: how…

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Compliance Jobs Report: Sept. 14

Compliance jobs

This week the Compliance Jobs Report has CCO personnel moves at Vanguard, Deutsche Bank, Realogy Holdings, and the lovely city of Beverly Hills. Several compliance professionals have hit career milestones, we have a few cool job openings, and our Meme of the Week goes out to all you business ethics specialists. I gather these bits…

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PwC’s Ethics Leadership After Tragedy

ethics

PwC is trying to recover from tragedy this week in a way that every ethics and compliance professional should applaud: by asking employees to confront difficult questions about race and empathy in America, in a statement directly from the firm’s U.S. leader. A risk assurance associate at the firm’s Dallas office, Botham Jean, was shot…

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Regulatory Rollback, Kinda Sorta

regulatory reform

Fresh news on the regulatory compliance front: banking regulators published a bulletin on Tuesday clarifying the role of the supervisory guidance they issue, to remind everyone that violating points raised in guidance documents is not an automatic compliance failure unto itself. This is in step with the Trump Administration’s larger effort to defang “sub-regulatory guidance”…

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When You Anonymously Report on Trump

report

Like millions of other Americans, I read that anonymous opinion column in the New York Times last week, apparently written by some senior official in the Trump Administration quietly aghast at the nuttiness of President Trump — and I thought, “Wow, that guy is a cowardly jackass.” That’s an easy reaction to have, after all.…

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Compliance Jobs Report: Sept. 7

compliance jobs

Another huge Compliance Jobs Report this week! The head of accounting at Tesla just took the first exit he could find; compliance turnover at Cox Enterprises; news from Southern Co., Dolby Labs, and the World Bank, and a ton more. Plus our Meme of the Week goes out to all you Star Wars fans. I…

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$54M SEC Whistleblower Award

CCO compensation

The SEC doled out another huge whistleblower award on Thursday, this time splitting $54 million between two whistleblowers in a case with enough special circumstances to make your head spin. The first recipient, Claimant 1, received $39 million, the second-largest award the SEC has ever given. That said, the SEC denied Claimant 1 even more…

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Compliance, Monitoring, and Future CCOs

compliance

Last week I spoke with a mid-career compliance professional, someone with 15 years experience first as an auditor and then in compliance and monitoring. This person’s LinkedIn profile had a collection of employer names and work assignments that would be as impressive as any other. We were chatting about career prospects, and then this person…

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Compliance Jobs Report: Aug. 31

Compliance jobs

The Compliance Jobs Report coasts into Labor Day with key regulators moving into place at the Justice Department, CFTC, SEC, and Serious Fraud Office. We also have a chief audit executive enjoying more barbecue, job openings at Cognizant, Volvo, and elsewhere; and our Meme of the Week looks at semiannual corporate reporting. I gather these…

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