Creating an Effective Code of Conduct (and Code Program)
Jul 1, 2018 · This tone connects responsible conduct to the company’s and the employee’s success. Such a tone can inspire employees to appreciate the code’s role in the company’s success and ow the employee, by following it, can help make a profound difference. 7. Provides Clear Expectations of Compliance.
Critical Lessons from the Volkswagen Scandal | Corporate …
Sep 11, 2020 · There are lessons to be learned from VW’s errors. In 2015, the company confessed to cheating emissions tests on 11 million vehicles across the globe. “Dieselgate,” as the scandal was called, was a punch to VW’s reputation. The financial hit, significant. The company has paid a whopping $9.5 billion in the last four years to American car ...
Home CCI | Corporate Compliance Insights | Compliance, Ethics, …
3 days ago · Prosecutors in the DOJ’s Criminal Division are watching how companies use technology like AI and whether they have adequately mitigated risks associated with it, Principal Deputy Assistant Attorney General Nicole Argentieri announced in a keynote address Sept. 23 at the Society of Corporate Compliance and Ethics’ 23rd annual Compliance & Ethics Institute.
10 Questions You Should Ask About Risk Management
Feb 18, 2022 · Jim DeLoach Jim DeLoach, a founding Protiviti managing director, has over 35 years of experience in advising boards and C-suite executives on a variety of matters, including the evaluation of responses to government mandates, shareholder demands and changing markets in a cost-effective and sustainable manner. He assists companies in integrating risk and risk management with strategy setting ...
What Is Ethical Culture, and Why Does It Matter?
Sep 16, 2019 · A key indication of a strong ethical culture is having a “speak up” culture. This leads to more formal cultural systems and processes, which also impact culture. This is often determined by the hiring process: who you hire, how you train people and what performance management systems are used throughout the employment tenure.
8 Crucial Compliance KPIs - Corporate Compliance Insights
Dec 19, 2023 · Compliance metrics, often intertwined with key performance indicators (KPIs) and key risk indicators (KRIs), are essential tools to gauge a company’s adherence to both internal protocols and external regulations. These metrics offer insights into the effectiveness of an organization’s compliance program, shedding light on areas of strength ...
Internal Control Checklist: 5 Anti-Fraud Strategies to Deter, …
Mar 10, 2010 · This condition is principally managed by designing and implementing a control environment that prevents, detects, and deters most fraudulent behavior, whether conducted by employees, vendors, consultants, or senior management. As part of such a control environment, there are five key anti-fraud controls that companies can implement, and it ...
The HR Function’s Compliance Role - Corporate Compliance Insights
Mar 13, 2019 · The human resources (HR) function is at the center of most employers’ efforts to identify, hire and retain the people the organization needs to execute its strategy and achieve its goals. But the HR function is a key player within the organization’s compliance structure as well. There are numerous laws and regulations governing the ...
Key Topics to Cover in Your Compliance Training – and How to …
Jul 12, 2021 · It’s the same at every job: An employee’s first day (or even week) is dedicated not to doing the work they were hired to do, but to learning how to do the work. Even if they have experience in the field, the new employee needs to be trained on the specific policies and procedures in place at the company.. While this type of training, known as “compliance training,” may seem tedious, it ...
The Essential Guide to Compliance Risk Management
Jul 7, 2021 · by Corporate Compliance Insights. July 7, 2021. in Resource Library, Whitepapers. This getting-started guide introduces you to key concepts and processes, and shows you how to assess and manage your organization’s compliance obligations by taking the first steps to develop an effective regulatory compliance risk management program.