News & Analysis as of

Third-Party Risk Internal Controls

Society of Corporate Compliance and Ethics...

[Virtual Event] Compliance Auditing & Monitoring Workshop - August 1st - 2nd, 9:00 am - 3:00 pm CT

The auditing and monitoring process is critical to a compliance program’s success, in that it provides ongoing assessment of processes, procedures, and potential escalation of risk. Designed as an intermediate-level learning...more

KPMG Board Leadership Center (BLC)

Directors Quarterly: January 2024

Taking stock, looking ahead - The start of a new year is an important opportunity for boards to take a step back and reassess their agendas to help ensure that they are appropriately focused on the most critical issues for...more

Thomas Fox - Compliance Evangelist

Operationalizing Compliance Through Payroll

One of the areas articulated in the 2023 ECCP was around payments and payroll. For the both the compliance professional and the corporate payroll function, there is a significant role to play in the operationalization of a...more

American Conference Institute (ACI)

[Event] 40th International Conference on the FCPA - November 28th - 30th, National Harbor, MD

Hosted by American Conference Institute, the 40th International Conference on the FCPA returns for another exciting year with curated programming that shines a global spotlight on anti-corruption compliance challenges,...more

Reveal

How to Conduct Compliance Risk Assessment Efficiently (+Compliance Risk Assessment Template)

Reveal on

Is your business in compliance with every law, rule, and regulation that it should be? If you can’t confidently say yes, it’s time for a compliance risk assessment. And even if you could confidently say yes six months ago,...more

Society of Corporate Compliance and Ethics...

[Virtual Event] Compliance Auditing & Monitoring Workshop - August 1st - 2nd, 9:00 am - 4:00 pm CT

Get the know-how you need to implement and maintain effective compliance auditing and monitoring - New for 2023, this workshop takes you deep into the auditing and monitoring process, one of the key elements of a...more

American Conference Institute (ACI)

[Event] Summit on Anti-Corruption & Compliance Programs - March 22nd - 23rd, Mexico City, Mexico

Hosted by American Conference Institute, the Mexico Summit on Anti-Corruption & Compliance Programs returns for another exciting year with curated programming that shines a global spotlight on anti-corruption compliance...more

The Volkov Law Group

Oracle’s FCPA Violations: A Lesson in Managing Third-Party Distributor Risks (Part II of II)

The Volkov Law Group on

Oracle’s SEC settlement for $23 million underscores the power of the FCPA provisions mandating effective internal controls and accurate books and records.  As everyone knows, these provisions can be applied to a wide-range of...more

American Conference Institute (ACI)

[Event] FCPA & Anti-Corruption for the Life Sciences Industry - July 21st - 22nd, Boston, MA

ACI is excited to welcome you back in-person to the 14th Advanced Forum on FCPA & Anti-Corruption for the Life Sciences Industry, taking place on July 21–22, 2022 in Boston! Legal and compliance professionals from...more

Society of Corporate Compliance and Ethics...

The soft side of likelihood

CEP Magazine (June 2022) - Most compliance professionals use some variation of the same model for assessing the severity of a compliance risk as part of a periodic risk assessment. Severity often considers the likelihood...more

The Volkov Law Group

Renewing Your Third-Party Risk Management Vows — A Real World Perspective (Part I of V)

The Volkov Law Group on

When you get on the mailing lists for legal and compliance products, seminars, conferences and general palabra, I usually become transfixed.  Millions of marketing and promotion dollars are being spent in an attempt to...more

Mitratech Holdings, Inc

[Event] Interact 2022 - August 14th - 17th, Nashville, TN

Exclusive roadmap reveals, immersive Q&A with top product & industry experts, live product demos, electrifying presentations, co-innovation opportunities, and so much more— all coming to you live from the heart of Nashville,...more

Health Care Compliance Association (HCCA)

Matt Kelly on Cybersecurity and Suppliers

Matt Kelly, Editor & CEO of Radical Compliance makes a strong case in this podcast for a need to reassess cyber risk. It is becoming, he says, less of a technical issue and more about how companies interact with others: ...more

Eversheds Sutherland (US) LLP

Federal Banking Regulators Shine Light Again on Third-Party Risk Management

Federal banking regulators have again demonstrated their focus on bank oversight and management of risk from third party relationships through a series of guidance and proposed guidance published in the third quarter of 2021....more

The Volkov Law Group

WPP SEC FCPA Enforcement Action: Lessons Learned (Part III of III)

The Volkov Law Group on

The SEC’s FCPA enforcement action against WPP presents a number of important lessons learned, ranging from third-party risk management, properly responding to employee complaints and red flags, and failure to integrate...more

Society of Corporate Compliance and Ethics...

[Virtual Event] Technology and Compliance Conference - June 24th, 8:55 am - 3:30 pm CDT

How to ensure emerging technologies help rather than hurt your organization - Technology represents the classic double-edged sword for compliance and ethics professionals. When properly utilized, it can be a vital tool,...more

Society of Corporate Compliance and Ethics...

[Virtual Event] 2021 Boston Regional Compliance & Ethics Conference - March 26th, 8:25 am - 4:30 pm EDT

Our Virtual Regional Compliance Conferences provide updates on the latest news in regulatory requirements, compliance enforcement, and strategies to develop effective compliance programs. Watch, listen, and ask questions from...more

Oberheiden P.C.

Seven Keys to Selecting the Best Corporate Intelligence Firms

Oberheiden P.C. on

What Is Corporate Intelligence? Corporate intelligence is defined broadly as the process of acquiring business knowledge from internal and external sources in order to improve the productivity, sales, marketing, and...more

NAVEX

Third-Party Risk Management: 5 Reasons to Monitor Cybersecurity Risk in Real Time

NAVEX on

In today’s business landscape, it is nearly impossible to work alone. You have to collaborate with clients, vendors, suppliers, specialists, and plenty of other partners all considered third parties to your organization. As a...more

Oberheiden P.C.

Corporate Intelligence & Investigations

Oberheiden P.C. on

Today’s modern world enables complex business transactions to occur both within the United States as well as abroad in cross-border activities. Many of these transactions pose significant risks to business operations and the...more

The Volkov Law Group

Beam Suntory Bribery Scheme: Another Controls Failure (Part II of II)

The Volkov Law Group on

The Beam Suntory case is yet another example of a failure of internal and external auditors, and legal and compliance professionals.  Reviewing cases involves a focus on how and why a compliance failure occurred....more

K2 Integrity

Applying Expensive Lessons Learned: The Importance of an Effective Sanctions Compliance Program

K2 Integrity on

For international businesses, the costs of a weak sanctions compliance program can be steep, impacting both a company’s reputation and its bottom line. This year alone, the Treasury Department’s Office of Foreign Assets...more

Dorsey & Whitney LLP

Is Your Compliance Program More than a Paper Program? DOJ Issues Revised Guidance for Evaluating Corporate Compliance Programs

Dorsey & Whitney LLP on

On June 1, 2020, the Department of Justice (“DOJ”) issued an updated version of its “Evaluation of Corporate Compliance Programs” (the “DOJ Guidance”), available here. The DOJ Guidance is an update to guidance first issued by...more

Skadden, Arps, Slate, Meagher & Flom LLP

Key Takeaways From Updated DOJ Corporate Compliance Evaluation Guidance

On June 1, 2020, the Criminal Division of the U.S. Department of Justice (DOJ) released updates to its Evaluation of Corporate Compliance Programs guidance (Guidance), last revised in April 2019. ...more

The Volkov Law Group

Rebalancing Third-Party Risk Strategies

The Volkov Law Group on

As companies move forward on third-party risk management programs, and as automated third-party risk solutions are being implemented, compliance professionals have to re-examine and re-balance the allocation of resources and...more

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