Well, the Justice Department has published its much-anticipated guidelines for future enforcement of the Foreign Corrupt Practices Act — and honestly, they’re a bit anticlimactic. Nothing in the new policies should surprise anyone who’s been paying attention, and nothing in them should change your compliance program all that much. The policy changes came in two…
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By now you may have seen one of numerous media reports recently that artificial intelligence is poised to decimate the white-collar job market in coming years. I’m not sure I agree with those dire reports, but clearly AI is going to transform how white-collar workers — such as compliance and audit professionals — arc through…
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This week we have a few compliance hires at Tyson Foods, plus other hires at Unisys, Fanatics, American Express, Eaton, and many more. We also have promotions to note at TYLin, SwissRe, TeraCloud, Nokia, and elsewhere. Albemarle is recruiting for a new CCO, and other job leads are in real estate and healthcare. Meme of…
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A new salary survey finds that median chief compliance officer pay is up 2.7 percent this year — and while 40 percent of compliance officers say they are worried about job security, strong majorities also say they feel heard by senior management and would pursue compliance as a career again if they were starting over.…
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Google has agreed to spend $500 million over the next decade to overhaul its compliance operations, including a new board-level committee dedicated to regulatory compliance and multiple new compliance teams embedded across the 184,000-person enterprise. Google made that sweeping promise to settle a lawsuit from unhappy shareholders, who had sued the company for its numerous…
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Executives and board directors are always searching for a better way to manage their organizations — and rightly so, considering how messy and bewildering corporate governance can be at large organizations. Now COSO is trying to remedy that situation with a proposed framework for corporate governance, and we should all take a close look. COSO…
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This week the Compliance Jobs Report has new hires at Takeda, Trupanion, IQVIA, University of Notre Dame, and lots more. We also have promotions at RTX, Shoprite, and elsewhere; a few compliance officer exits to note; and job leads in higher education, banking, and investment management. Plus our Meme of the Week. Always remember that…
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Here’s a tough one for all you compliance professionals who like to think about artificial intelligence: how would you handle an AI agent in your enterprise that, all on its own, decides to report suspected misconduct directly to regulators? This is no longer a theoretical question; it’s a possibility embedded within Claude Opus 4, the…
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The banking industry is asking the Securities and Exchange Commission to rescind its 2023 rules requiring companies to disclose more details about the cybersecurity incidents they suffer, presumably figuring that the Trump-tilted leaders of today’s SEC will be predisposed to agree. A collection of banking trade groups sent a letter to the SEC late last…
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Last week we learned that federal prosecutors have reached an agreement not to prosecute Boeing for its many safety failures and corporate compliance missteps over the years — missteps that led to two plane crashes, 346 deaths, one airplane door blown out in mid-flight, and billions spent on legal fees, victim compensation, and compliance program…
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