NAVEX delivers quality studies and important insights on ethics and compliance topics. In its 2024 State of Risk & Compliance, NAVEX provides a comprehensive report on current trends and practices involving risk and...more
Listen to this conversation between Michael Volkov and Halyna Senyk in which they focus on Ukraine's anti-corruption efforts amidst the backdrop of its ongoing war with Russia. Halyna Senyk, an expert from the CEELI...more
NAVEX delivers quality studies and important insights on ethics and compliance topics. In its 2024 State of Risk & Compliance, NAVEX provides a comprehensive report on current trends and practices involving risk and...more
7/19/2024
/ Acquisitions ,
Chief Compliance Officers ,
Compliance ,
Corporate Culture ,
Corporate Governance ,
Employee Training ,
Environmental Social & Governance (ESG) ,
Ethics ,
Mergers ,
Risk Management ,
Voluntary Disclosure
LRN has issued another important report -- in its latest report, The 2024 Benchmark of Ethical Culture Report, LRN has focused on the critical issue of corporate culture. LRN is a pacesetter and the leader in reliable...more
LRN’s research consistently paints a picture that every board member, senior executive and middle manager should view — corporate culture is an organization’s most valuable intangible asset and is a significant determinant...more
In its latest report, The 2024 Benchmark of Ethical Culture Report, LRN has focused on the critical issue of corporate culture. LRN is a pacesetter and the leader in reliable studies on complex ethics and compliance issues....more
LRN’s latest report was based on a survey of more than 1,400 ethics and compliance professionals, most of whom were employed at organizations with at least 1000 employees in 19 different countries and 26 industries across...more
Boeing continues to struggle. As troubles mount for Boeing, it is clear that it suffers from real and pervasive culture issues that have been reflected in serious safety failures, financial difficulties, regulatory...more
3/6/2024
/ Aviation Industry ,
Boeing ,
Compliance ,
Corporate Counsel ,
Corporate Culture ,
Corruption ,
Directorate of Defense Trade Controls (DDTC) ,
Ethics ,
Export Controls ,
Exports ,
ITAR ,
Regulatory Violations ,
Settlement ,
US Department of State
I always enjoy retrospective “year in review” postings to start off the new year. For years, I have sought to identify and capture important compliance trends, typically focused on specific professionals in the compliance...more
Board Oversight of the Compliance Program -
The GCPG cross-references the US Sentencing Guidelines board responsibility requirements of the organization’s compliance program, and provides that the board shall “be...more
12/22/2023
/ Code of Conduct ,
Compliance ,
Cooperative Compliance Regime ,
Department of Health and Human Services (HHS) ,
Duty of Oversight ,
Ethics ,
Federal Sentencing Guidelines ,
Health Care Providers ,
Healthcare ,
OIG ,
Policies and Procedures ,
Training
One of the benefits of old(er) age is perspective and experience. (As we age, we have to find the positive reasons to tout). If there is one thing (of many) the compliance profession has demonstrated, it is that compliance...more
As The Volkov Law Group previously noted in the context of a blog post authored by Michael Volkov, the U.S. Department of Justice (“DOJ”)—at the behest of Deputy Attorney General Lisa Monaco—recently updated the requirements...more
LRN’s annual Program Effectiveness Report is chock full of important findings. Frankly, LRN’s PEI Report is a “board worthy” report (as Donna Boehme used to say — every board member should read it)....more
We all agree on the importance of corporate culture. Everyone gets it – corporate leaders mouth the words but rarely understand the nuances, and the need to attend to a company’s culture. Compliance professionals want to...more
The Ethics and Compliance Initiative (“ECI”) is a terrific organization that provides important ethics and compliance insights and leadership. Starting in 1994, ECI has conducted a longitudinal, cross-section study of...more
Corporate leaders know what to say and when to say it – for example, a CEO may state at an employee meeting, “We want to hear your concerns. We want you to bring these concerns forward and we will address them. We are...more
The Department of Justice has laid down a marker – companies would be smart to understand the significant change in ethics and compliance program expectations. Companies that ignore this new landscape are gambling with their...more
NAVEX’s annual report on the state of risk and compliance is a must read. Each year NAVEX supplies helpful insights that compliance professionals, corporate managers and board members can use to benchmark their respective...more
7/6/2023
/ Anti-Bribery ,
Anti-Discrimination Policies ,
Anti-Retaliation Provisions ,
Compliance ,
Corruption ,
Cyber Attacks ,
Cybersecurity ,
Data Protection ,
Data Security ,
Diversity and Inclusion Standards (D&I) ,
Ethics ,
Harassment ,
Ransomware ,
Risk Management
Corporate compliance programs in the healthcare industry include many of the same elements that we are all familiar with – risk assessments, code of ethics, written policies and procedures, comprehensive training...more
6/28/2023
/ Anti-Kickback Statute ,
Compliance ,
Compliance Management Systems ,
Data Privacy ,
Ethics ,
False Billing ,
False Claims Act (FCA) ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Healthcare ,
Medical Billing Codes ,
Popular ,
Risk Assessment ,
Stark Law
Corporate governance frameworks seek to maximize management efficiency, risk mitigation, and business success. The most important tool for accomplishing these objectives is straightforward – a Culture of Ethics and...more
Companies have to demand a new focus from their CEOs, senior executives and legal compliance team in response to the new DOJ and regulatory initiatives. These steps are not just suggestions nor items that can be prioritized...more
Once defined, installed, and surrounded with a consequence management system, a corporate culture is not fixed in stone. To the contrary, as the business adapts through growth, innovation or in response to outside market and...more
As a company’s most valuable intangible asset, we have witnessed the wreckage of companies that have fallen victim to reputational damage, scandal and ultimately the wasteland of a rotten corporate culture. In these...more
Everyone has jumped on the corporate culture bandwagon. For some new converts, they like to espouse corporate culture as a recent discovery, or a new-fangled approach for compliance programs....more
The Justice Department’s recent emphasis on ethics and compliance culture, along with greater specificity on “consequence management” is a welcome breath of fresh air. It is a policy coming for a long time and will bring...more