Lessons in Misfired Due Diligence Software

January 24, 2019 Due Diligence, software

Compliance professionals might want to take note of a small but telling sanction that the Treasury Department recently imposed on a Virginia company — a case filled with important lessons about third-party due diligence and how to fulfill that task properly.

Read More

Compliance Perspectives Podcast

January 23, 2019 Artificial Intelligence, machine learning

Christian Focacci, Vice President, Offering Management at Steele Compliance Solutions, sat down and demystified AI for compliance professionals.

Read More

UK Sends Message on CEOs and Compliance

December 28, 2018 anti-money laundering, compliance

If corporate compliance officers need another example to show senior executives why a strong compliance function is so important, the U.K. Financial Conduct Authority has provided one — a monetary fine recently imposed upon a bank CEO personally, for his failure to nurture a strong anti-money laundering compliance program.

Read More

The Latest on Sustainability and Due Diligence

December 06, 2018 corporate social responsibility, csr, supply chain

Earlier last month the world had a glimpse into how well large companies are implementing ideals of environmental care and fair labor into their supply chains and their own operations — and alas, the results were not great.

Read More

Are you Monitoring Correspondent Banking Clients?

November 26, 2018 aml, banking, financial, monitoring

We’ve developed the Transparint Platform to be the most comprehensive tool for quickly and systematically identifying adverse media and negative news. But we know that many compliance departments still rely on search engines, such as Google, as the main tool to identify negative information. While there are several reasons why this […]

Read More

An Update on GDPR Enforcement

September 20, 2018 FCPA, FCPA enforcement

Corporate compliance professionals had two years to prepare their organizations for the arrival of the European Union’s General Data Protection Regulation earlier this year. Now enforcement of the GDPR is upon us — and early indicators are that GDPR compliance is a matter EU privacy regulators will take seriously. Compliance officers should do the same.

Read More

Compliance officers talk constantly about the importance of automation and data analytics, and for good reason: they are crucial to successful management of a modern compliance program. So what’s the relationship between those two forces and third-party automation technology? How should compliance officers plan their strategies for more automation and […]

Read More

OECD’s New Guide on Due Diligence for Ethical Conduct

June 07, 2018 ABAC, Due Diligence, third-party compliance

Corporate compliance officers have another item for their bookshelf: the OECD’s Due Diligence Guidance for Responsible Business Conduct, published on May 31 after three years of consultation and work. The guidance itself is as useful as any other work in the field: available as a free download: 100 pages, and [...]

Read More

The corporate compliance community was jolted this month by news that Michael Cohen, long-time legal counsel and fixer for President Donald Trump, received millions of dollars from corporations after the 2016 election, supposedly for consulting services on a wide range of matters. That money — at least $4.4 million — […]

Read More