This week’s compliance jobs report includes news from Cooper Tire & Rubber, new compliance officers at Thesys CAT and TeamHealth, and an expansion of the legal team at one of the big whistleblower retaliation law firms—which, indirectly, means confidence in the future of whistleblower retaliation lawsuits. I gather these bits of gossip from LinkedIn, news…
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The Justice Department has proposed trimming the number of Criminal Division prosecutors by 6 percent next year and overall division staff by 11.4 percent, according to the detailed budget the Trump Administration released earlier this week. The SEC, meanwhile, wants to keep spending level at $1.6 billion but trim staff in almost all of its…
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More news on the COSO framework for enterprise risk management: the final framework will consist of 20 principles rather than the originally proposed 23; the “ERM rainbow” graphic will be replaced with a more DNA-like image; and yes, COSO intends to have the complete framework ready for public consumption by sometime in July. That’s the…
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The Justice Department’s in-house compliance counsel, Hui Chen, has been going a little nuts on social media these days. Compliance officers may want to take note. First, Chen began commenting publicly on Twitter several weeks ago, @HuiChenEthics. That unto itself is unusual; most staff-level government officials prefer to stay anonymous or stay off Twitter entirely. Not…
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In this week’s compliance jobs report, Credit Suisse has a new compliance director for its Mexico operations, and Elevate Credit filched its new chief risk officer from Cash America International. We have a slew of new appointments at the SEC, and a dream job for ethics professionals who love Italy. I gather these bits of…
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Perhaps you have some free time today, while your IT department tries to extricate the company’s computer systems from a ransomware attack. In that case, let’s talk about whether to disclose it. This week I had the good fortune to participate in a cybersecurity conference in Stamford, Conn., that brought together the law enforcement, internal…
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It ends with President Trump leaving office before his full term, of course. I don’t know exactly how he’ll leave, or when. But the crucial question isn’t whether Trump’s departure is imminent; the question is whether his departure is inevitable. So just ask yourself: Do you really believe this man can fulfill his full four-year…
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Depressing news today for compliance officers worried about health and safety risks: drug use among the American workforce is at a 12-year high, across all types of workers and all types of drugs. So says Quest Diagnostics, the blood-testing firm that publishes its annual Drug Testing Index. Yes, the absolute percentage of workers snorting cocaine,…
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Don’t look now, but disagreement may be brewing among Republicans in Washington over the future of XBRL, the data-tagging technology that companies use when submitting financial statements to the SEC. On one side are Republicans in the House Financial Services Committee, who want to exempt a vast number of smaller public companies from filing financial…
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In this week’s Compliance Jobs Report we have a few new appointments at the SEC, a few ousters at FIFA, plus compliance officer appointments at USAA, Demantic, Ingram Micro, and Sanofi—and a dream compliance job for anyone who likes watching the ponies. I gather these bits of gossip from LinkedIn, news alerts, and friends emailing…
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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 my 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.