Posts Tagged ‘conflicts of interest’
Conflicts, Part II: A Process Perspective
Last week we had a post on managing conflicts of interest that proved quite popular with compliance officers. Today I want to circle back to that subject because I also heard from several internal audit leaders, who had quite a different perspective on how to handle this challenge. Essentially, their view was that an organization…
Read MoreManaging Conflicts of Interest
Few challenges can exasperate corporate compliance officers as much as managing conflicts of interest. So when I had the good fortune several weeks ago to moderate a webinar on the subject, I took detailed notes. The compliance officers participating had plenty to say and I want to pass along those insights now. First, lots of…
Read MoreCFPB Warns on ‘Revolving Door’ Misconduct
Some interesting news for any compliance professionals who recently worked at the Consumer Financial Protection Bureau: the agency’s new director is warning current employees to be more cautious about talking with former employees and to watch for “revolving door misconduct.” The message came from Rohit Chopra, the CFPB’s decidedly enforcement-minded director, who took office last…
Read MoreSPACs and Corporate Disclosure
The Securities and Exchange Commission has published fresh guidance detailing how special-purpose acquisition companies — those corporate contraptions designed to go public first and then acquire other operating businesses later — should disclose conflicts of interest, financial incentives for management, acquisition strategies, and related issues. SEC staff released the guidance on Dec. 22 as a…
Read MoreGovernance Lessons From the Postal Service
Radical Compliance always strives to find the latest, best illustrations of corporate governance gone wrong that we can dissect for lessons everyone else can learn. Today we have a gem: the U.S. Postal Service. By now you probably know at least the contours of the story. The U.S. Postal Service is a money-losing operation, and…
Read MoreOther Compliance News in the News…
This week I’ve been finishing a presentation for the Society of Corporate Compliance & Ethics annual conference (you’re all going and attending my talk on Sept. 28, right?), so I’m behind in posting material here. Thankfully we have plenty of other thoughtful voices in the corporate compliance community, so let me stall for time by…
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