News

Compliance Jobs Report: March 1

Compliance jobs

The Compliance Jobs Report this week has a flurry of risk officers hired by regulatory agencies (they need the help); plus a risk and compliance reshuffle at Credit Suisse; and other moves at the VHA, Vertex Pharmaceuticals, and Constellation Brands. Much more inside, and our Meme of the Week goes out to Elon Musk. I…

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2019 World’s Most Ethical Announced

ethics

Ethisphere announced its 2019 list of World’s Most Ethical Companies today. Corporate compliance officers can now prepare for a barrage of emails from the CEO and board asking, “Why aren’t WE on that list???” This year 128 companies around the world are on that list, hailing from 21 countries and 50 industries. We can’t name…

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Compliance Jobs Report: Feb. 22

compliance jobs

The Compliance Jobs Report this week has news from Herman Miller, Greenlight Capital, Sun Life Financial, and many more. Some compliance pros are moving from corporate life into the consulting world; we have three job openings of note, and our Meme of the Week goes out to everyone who dreams of sitting on the board.…

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Thoughts on Workplace Violence Risks

violence

A grimly well-timed survey landed on my desk this week, examining trends in employee background checks and “workplace security incidents.” It underlines the challenge companies face today when trying to perform employee background checks and to reduce the risk of workplace violence. The report comes from Endera, a tech firm that sells software to help…

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Botched ICO: Self-Reporting Wins Again

ICO

Another week, another message that self-disclosure of corporate misconduct brings rewards. This time, the SEC let a tech company off with a regulatory wrist-slap after the firm confessed to conducting an unregistered initial coin offering. ICOs are all the rage these days among certain technology companies, whose founders probably read too much Ayn Rand in…

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COSO Guidance for Healthcare Firms

COSO

Fresh news on the guidance front: COSO has released a new guide to help healthcare organizations implement its internal control framework widely used by public companies. Nonprofit hospitals and related healthcare firms don’t need to use the COSO internal control framework per se, but they do have plenty of internal issues related to system access…

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More Cognizant FCPA Lessons

fcpa

Now that we’ve had a long weekend to digest the FCPA enforcement action imposed against Cognizant Technologies last week, compliance officers have a lot more consider here. In many ways what happened with Cognizant is an excellent case-study for corporate ethics and compliance done right, with a few points to ponder about potential risks to…

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$25M to End Cognizant FCPA Case

cognizant

IT outsourcing firm Cognizant Technologies agreed Friday to pay $25 million in disgorgement and penalties to settle FCPA charges related to bribery in India, while the company’s former president and top legal officer were indicted for their roles in orchestrating the scheme. The settlement included $19 million in disgorgement of ill-gotten profits, plus $6 million…

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Compliance Jobs Report: Feb. 15

compliance jobs

The Compliance Jobs Report this week bounces from Georgia Tech (new head of ethics and compliance) to Wells Fargo (new head auditor) to Annaly Capital (new chief compliance officer) and many more. Another merger in GRC vendor world this week, plus four job openings, and our Meme of the Week is a big Valentine to…

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iBusted: SEC Charges ex-Apple Exec

apple

Well this is juicy: Apple’s former corporate secretary, who helped to craft the company’s policies against insider trading, has been charged by the Securities and Exchange Commission with insider trading. Gene Daniel Levoff, a senior lawyer at Apple for 10 years and the company’s corporate secretary from 2013 until Apple fired him last September, allegedly…

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