A Must-Read on Whistleblower Retaliation

By Matt Kelly | August 1, 2020 |

Anyone who cares about a strong ethical culture and protection of whistleblowers — which should be all compliance professionals everywhere — should read a column in the Washington Post this weekend written by Alexander Vindman, the national security officer driven out of the military because his whistleblower report led to President Trump’s impeachment. Whistleblower retaliation…

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Credit Suisse

Credit Suisse Reorgs Risk, Compliance

By Matt Kelly | July 31, 2020 |

The mildly troubled investment bank Credit Suisse is consolidating its risk and compliance functions into one unit, which will be headed by the bank’s chief risk officer. Its chief compliance officer has been shifted into a new role overseeing sustainability research.  Credit Suisse announced the shakeup Thursday while reporting second-quarter 2020 financial results. The results…

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compliance jobs

Compliance Jobs Report: July 31

By Matt Kelly | July 31, 2020 |

The last Compliance Jobs Report for July has promotions at HSBC, Nissan Motor Corp., and Penn Mutual; new hires at Anheuser-Busch, Harvard University, and a few healthcare systems; and a trio of compliance job opportunities in life science or tech firms. Plus, as always, our Meme of the Week! As always, thank you to all…

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hotline

Ways to Test Your External Hotline

By Matt Kelly | July 29, 2020 |

An interesting question cropped up this week on a corporate compliance chat board I often visit: How should a compliance officer test his or her external hotline provider?  In respect for the commenters’ privacy, I won’t identify the chat board here; suffice to say, many of you probably already know the group that operates the…

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climate change

Climate Change Risk and Supply Chains

By Matt Kelly | July 28, 2020 |

Let’s say you are a large manufacturing, retail, or industrial concern; and you want to assure that your supply chain won’t be disrupted by climate change. How would you actually assess and quantify that risk?  That’s not a hypothetical question for large businesses. As global warming continues, extreme weather events become more frequent and more…

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Domestic Corrupt Practices & Compliance

By Matt Kelly | July 24, 2020 |

Compliance professionals got a lucky break this week. Twice in a matter of days, we saw major scandals break involving corporate misconduct and corrupt domestic government officials here in the United States — demonstrating, yet again, that tying corporate compliance on the Foreign Corrupt Practices Act alone is tremendously short-sighted.  First we had a case…

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compliance jobs

Compliance Jobs Report: July 24

By Matt Kelly | July 24, 2020 |

The Compliance Jobs Report this week has news from the US Olympic Committee and Brazilian mining giant Vale, among others; and the long-time head of the Institute of Internal Auditors is retiring. We have a few intriguing job openings too, plus our Meme of the Week. As always, thank you to all the compliance people…

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inspection

IIA Unveils New Three Lines Model

By Matt Kelly | July 22, 2020 |

The Institute of Internal Auditors has unveiled a revamped version of its famed Three Lines of Defense model for risk assurance. Perhaps the most notable change: no longer calling it the Three Lines of Defense.  Instead, the IIA guide is now officially known as “The Three Lines Model” — a nod to criticism over the…

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ComEd

ComEd Pays $200M on Domestic Bribery

By Matt Kelly | July 19, 2020 |

Commonwealth Edison, a subsidiary of energy giant Exelon Corp. and the largest utility in the state of Illinois, agreed Friday to pay $200 million to settle federal corruption charges that also involve one of the state’s most powerful politicians. The case is a reminder to compliance officers that FCPA-like misconduct can happen right here within…

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compliance jobs

Compliance Jobs Report: July 17

By Matt Kelly | July 17, 2020 |

The Compliance Jobs Report continues as always! We have new hires at Vulcan Materials, Berkadia, Applied Materials, and elsewhere. Also a few promotions to note, a bundle of news from compliance vendors, and jobs from Seattle to Silicon Valley to Kansas City. Plus our Meme of the Week.  As always, thank you to all the…

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About Us

Technically, Radical Compliance is the personal blog of Matt Kelly, long-time writer and observer of the corporate compliance and GRC scene. I was a writer, editor, and publisher at Compliance Week, 2003 through 2015; some of you may know me from my career there. I also speak frequently at compliance conferences and other events, and will pretty much shoot the breeze on any compliance topic with anyone who asks.

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