Podcast: Compliance Trends in Finance Sector

chief data officer

Several weeks ago I had a post about compliance trends in the financial sector, based on a report from Thomson Reuters. That report found most financial firms aren’t cutting compliance budgets, and it offered practical insights into how compliance officers might tiptoe into more automation and use of technology. Both issues are important for compliance…

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Compliance Jobs Report: July 13

compliance jobs

New head of compliance at Uber! New head of Criminal Division at the Justice Department! The Compliance Jobs Report also has several hires in the cryptocurrency world, notable CCOs leaving their jobs, an interesting job opening in the compliance-academic industrial complex, and our Meme of the Week goes out to all you privacy buffs. Read…

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The Jim Jordan Compliance Angle…


Interesting detail about the proto-scandal swirling around Jim Jordan, the Republican congressman accused of turning a blind eye to sexual misconduct on the Ohio State wrestling team when he was assistant coach there: Jordan might have violated the school’s sexual harassment Code of Conduct. For those not following this story, Jordan has represented Ohio’s 4th…

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Compliance Jobs Report: July 6

Compliance jobs

Juicy stuff in the Compliance Jobs report this week! Michigan State has named an interim compliance officer; Oklahoma University sacked its chief auditor. We have promotions at Juniper Networks and PayPal; departures from the Justice Department, Amazon, and Kemira, and more news beyond that! Plus our compliance Meme of the Week goes out to Johnny…

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Another Compliance Lesson From Michigan State

Michigan State

One of the most painful failures to watch in corporate compliance this year has been the tragedy at Michigan State University: a culture of sloppy procedures and aimless oversight that allowed Larry Nassar, a doctor affiliated with the school, to assault hundreds of girls and young women for nearly 20 years. Nassar is spending the…

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On SEC Whistleblower Reforms


Corporate compliance officers deal with whistleblowers all the time. So now that the Securities and Exchange Commission is moving to revamp its whistleblower award program, watch that debate closely. Lots of constituencies are going to voice opinions here, and you don’t want yours to get lost in the fray. The SEC published its proposed reforms…

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About That Inline XBRL Rule…


Last week the SEC adopted a rule for companies to use Inline XBRL technology with their corporate reports starting as early as next year. The good news for financial reporting executives: this rule will streamlines the technical work necessary in filing financial statements to the SEC. The more intriguing news for everyone else: The SEC’s…

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SEC Starts Regulatory Reform Push


The Securities and Exchange Commission began moving forward this week on its ambitions to craft a more business-friendly regulatory regime, starting with plans to exempt many more companies from compliance requirements and to cap potential rewards to whistleblowers. Most notable for ethics and compliance officers, the commissioners voted (along the predictable 3-2 partisan split, favoring…

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Compliance Jobs Report: June 29

compliance jobs

The Compliance Jobs Report this week has two challenging job openings in higher education, including one CCO post at troubled Michigan State. We have compliance personnel moves at USAA, Barclays, PNC and elsewhere; plus gossip about Deloitte and GRC vendors on a merger kick. And our Meme of the Week goes out to everyone reporting…

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Report: Compliance Teams Still Have Money

CCO compensation

Thomson Reuters published on Tuesday another cost of compliance survey, this one polling more than 800 compliance executives in financial firms around the world. Among the bits of news: plenty of firms aren’t cutting their compliance staffs and aren’t cutting their budgets. For example, 61 percent of respondents said they expect their budgets to increase…

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