Podcast: Building a Compliance Function

Today we have another Radical Compliance podcast, this time on the practical challenges of building out a global compliance program. I sat down with Charles Paré, chief compliance officer at CEVA Logistics, who has been doing just that since he started working for CEVA eight months ago. You can hear the full podcast at the…

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Compliance Jobs Report: July 9

compliance jobs

The Compliance Jobs Report this week has new hires at TikTok, DTE Energy, Aerojet Rocketdyne, and Deutsche Telekom, among others; and departures at Walt Disney, ArcelorMittal and University of Minnesota. We also have job openings this week in gambling, building materials, and boots; and a bunch of compliance folks getting promoted.  As always, thank you…

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Compliance Jobs Report: Feb. 5

compliance jobs

A huge Compliance Jobs Report this week, as folks settle into new roles for 2021. We have departures from Petrobras and AARP; promotions at Pepsico, VEON, and others; and a flock of compliance officer moves in Europe. We have job openings from Florida to Illinois to Missouri, and don’t forget our Meme of the Week!…

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Corporate Culture and Human Capital Disclosures

human capital

Corporations are now starting to file their annual reports for 2020, and this is the first year that most of those businesses need to include new disclosures about the importance of “human capital” to their operations. I wondered whether those disclosures would include anything about ethics and compliance efforts, so today let’s take a look.…

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Boom: The FinCEN Files Are Here

FinCEN Files

The anti-money laundering compliance crowd should pull out your tablets and create several free hours on your schedule today. The same investigative reporters who delivered the Panama Papers in 2016 just dropped another mammoth exposé, this time looking at 20 years’ worth of failed AML compliance at five large banks. Known as the FinCEN Files,…

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You Can’t Hide Forever, Mazars

mazars

Don’t look now, but the Supreme Court may be preparing to put a poisoned chalice in front of accounting firm Mazars, thanks to the Trump Administration’s battle to keep the president’s tax returns hidden from law enforcement and congressional oversight. Mazars prepares Trump’s tax returns. So when Democrats took over Congress last year, the House…

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When Sanctions and Cybersecurity Collide

cybersecurity

Compliance professionals talk constantly these days about cybersecurity, third-party risk, and sanctions compliance. Now we have an example from the news that is one headache-inducing brew of all three — and also, I fear, a harbinger of compliance and risk challenges to come.  The company in question is Hikvision, a Chinese maker of security cameras.…

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Compliance and Inconsistent Discipline

discipline

This week I had the good fortune to attend a luncheon of compliance professionals here in Boston, where we talked about the Justice Department’s new guidelines for evaluating the effectiveness of compliance programs. Our host was Vincent DiCianni, founder of Affiliated Monitors, and he hit upon a great point about what really matters for successful…

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New Compliance Evaluation Guidelines

compliance

The Justice Department released Tuesday a fresh set of guidelines on how prosecutors should evaluate corporate compliance programs: a much longer document, with more narrative explanation about what the Justice Department considers important. Compliance professionals should prepare to obsess over it like last Sunday’s Game of Thrones episode. Assistant attorney general Brian Benczkowski unveiled the…

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Oh F—! Ethics Boss Quits on Swearing Scandal

ethics

Talk about going off the rails: the head of the New York-New Jersey Port Authority’s ethics committee has resigned after a video surfaced of her swearing at police officers who had pulled over her daughter during a traffic stop. Caren Turner, appointed to the board of the Port Authority last year, quit abruptly on April…

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