survey

Calling all compliance officers who deal with internal reporting systems, which should be all of you: several academics in the “whistleblower research” field need your help with a survey they’re conducting. Please take this survey hosted by the University of Texas, which asks several questions about how compliance professionals receive and review different types of…

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pandemic

Companies everywhere are racing to retool their risk management operations to address Covid-19, and I’ve been on a quest to find as much guidance as possible to pass along to everyone else. The GRC software firm Galvanize (formerly known as ACL) just hosted an emergency webinar to talk about how it’s trying to cope —…

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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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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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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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I fully support more use of artificial intelligence in corporate compliance and audit, but this is next level: an auditing conference in Dubai next month will feature an artificial intelligence program delivering a talk on AI.  The AI program, which exists in a humanoid robot named Sophia, will speak at the 20th Annual Regional Audit…

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sec

Today we get more pedestrian with Wells Fargo and its unauthorized accounts scandal. Sure, the misconduct was egregious and leadership was a disgrace — but how, precisely, did Wells Fargo violate securities law and get a $500 million wallop from the SEC?  By sketchy use of non-financial metrics.  You almost have to laugh. Wells Fargo…

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leadership

Today we continue to examine the misconduct at Wells Fargo by examining the failures of leadership that allowed its unauthorized accounts scandal to happen. After all, poor leadership is the sort of dysfunction that could happen at any company, so what happened here is important to understand. In our first post about Wells Fargo earlier…

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Radical Compliance is going on vacation for a few days, so it’s time for another collection of random thoughts about corporate compliance, audit, and risk management while I’m waiting at the airport departure gate. In no particular order…  SEC chairman Jay Clayton raises a valid, difficult point when he says our corporate disclosure regime is…

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corporate culture

Well, it’s happened again: managers at a large company did something contradictory to a good corporate culture and common social mores, and made the company look terrible to the public.  U.S. Bank, welcome to the hot seat.  You may have seen the article in the New York Times that started all this. Nicholas Kristof, a…

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