Posts Tagged ‘compliance programs’

Hotline Metrics: Are You Missing Any?

internal reporting

NAVEX Global released its 2019 Ethics & Compliance Hotline Benchmark Report this week, and raised an important point for corporate compliance officers to ponder: are you using all the right intake channels to capture a true sense of misconduct and corporate culture at your organization? At least, that’s the question that jumps to my mind,…

Read More

$2 Mill Fine for Weak Compliance

compliance

FINRA today hit broker-dealer firm Cantor Fitzgerald with a $2 million fine for sloppy compliance practices that lasted at least five years, in an enforcement action sure to warm a compliance officer’s heart. The offenses related to naked short selling, where an investor first borrows stock to sell at a high price, then buys it…

Read More

Ethics, Compliance, and Corporate Value

compliance

We have one more point to explore about that new research finding that strong internal whistleblower activity correlates to better business outcomes — namely, why a speakup culture and better business outcomes are moving in step with each other, and why that two-step dance is only going become more crucial to corporate success in the…

Read More

Compliance in a High-Interest World

Interest

Lately I’ve been thinking about interest rates and compliance programs. As you might have heard, the Federal Reserve has been raising interest rates for the last several years — from 0.25 percent at the end of 2015 (where they had been since 2009) to 2.25 percent today. The chairman of the Federal Reserve, Jerome Powell,…

Read More

Podcast: Communicating Compliance

Communicating the importance of ethics and compliance to a diverse workforce is a critical part of a corporate compliance officer’s job. Alas, it’s also a challenging (and sometimes thankless) part of the job, too. So today we’re going to hear from one compliance professional about how she brought the message of compliance to her company’s…

Read More

PwC 2018 State of Compliance Report

PwC released its annual State of Compliance survey on Tuesday, and let’s start with the angst: most compliance officers aren’t confident that their companies’ compliance programs are effective. Of the 825 professionals surveyed, only 17 percent said they are “very satisfied” with the effectiveness of their compliance programs. About 45 percent say they are somewhat…

Read More