climate

The acting head of the Securities and Exchange Commission said today that agency staff will start paying more attention to companies’ climate change disclosures, as a prelude to the SEC updating its original climate change guidance now 11 years old.  Allison Herren Lee, acting chair since the Biden Administration took office in January, released her…

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ethical

Ethisphere announced its 2021 list of World’s Most Ethical Companies today, and corporate ethics and compliance officers know what that means: a barrage of emails from the CEO and board asking, “Why aren’t WE on that list???” This year Ethisphere honored 135 companies from 22 countries and across 47 industries. We can’t name all 135…

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compliance jobs

The Compliance Jobs Report this week has new hires at Peloton, Coinbase and a few other cryptocurrency players, Arcutis, and more. We also have promotions at DraftKings, TJX Cos., and RPM International. Job leads this week are in Cleveland, Boston, and Helsinki; and our Meme of the Week goes out to IT risk managers. As…

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bitcoin

The Treasury Department has slapped a $507,375 fine against a bitcoin payments processor for sanctions compliance failures that allowed transactions with parties in Cuba, North Korea, Iran, and elsewhere — only the second such enforcement action ever taken over digital currency transactions, but probably not the last.  The firm in question is BitPay, headquartered in…

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whistleblower

Radical Compliance is never one to engage in schadenfreude, but for whatever this may be worth: the Justice Department has been dinged by its own inspector general for sloppy whistleblower protection efforts with its third parties. The inspector general, Michael Horowitz, sent a memo to senior Justice Department officials last week warning that the department…

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diversity

The other week we had a post on what companies are saying about ethics and corporate culture in the new human capital disclosures now required in annual reports. Today I want to circle back to another subset of that information: what companies are saying about their diversity and inclusion efforts.  Diversity disclosures have been on…

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covid

All right compliance officers, gird your loins. The Centers for Disease Control published new guidance this week relaxing a crucial public health restriction on people vaccinated against covid, opening what could be a Pandora’s Box of policy management challenges. The guidance came Wednesday. It specifies that “fully vaccinated persons” — people who have received all…

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compliance jobs

The Compliance Jobs Report this week has personnel moves all over the world: Italy, Argentina, Spain, Iceland, Nigeria, and even right here in the United States. Updates from the World Food Programme, Novartis, Volkswagen, Olympus Corp., Abercrombie & Fitch, and many more. Our Meme of the Week goes out to anyone dealing with data. As…

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data security

Another week, another report painting a mottled picture of corporations and their approach to IT risk and compliance. This time around we have interesting points to explore about the pandemic’s effect on IT risk, how companies are responding to that pressure, and who is or isn’t in charge of all this stuff. The report is…

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enterprise

Surprising exactly no one, the top worries this year among corporate leaders are the pandemic and its economic consequences. So says Protiviti’s annual report on top enterprise risks, although the report does also flag a few other concerns that corporate audit and risk managers may want to consider. The top risk for 2021, according to…

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