Industry experts on the need for ongoing risk monitoring
Posted on 06-19-2019 by Lisa Thompson

Turbulence appears to be the new normal in today’s global risk landscape. Political turmoil, changing regulations, disruptive weather events, financial instability and a variety of other factors can disrupt supply chains or involve companies in legal actions that result in devastating financial... Read More

Frontline compliance requires expert juggling
Posted on 04-18-2019 by Lisa Thompson

There’s no room for clowning about when it comes to risk management and maintaining the integrity of international business. According to records of ancient Chinese history, the armies of the Chu and Song states were facing each other in readiness for battle in 630 BC when a Chu warrior, Xiong... Read More

Do you need to conduct a data privacy risk assessment?
Posted on 03-13-2019 by Lisa Thompson

March 15 is World Consumer Rights Day , and this year’s theme is ‘Trust in Smart Devices.’ Innumerable devices populate the digital landscape—from wristbands that track every step taken to smartphones that instantly connect users with family, friends and brands. And with every... Read More

How risk technology transforms trust
Posted on 01-14-2019 by Lisa Thompson

From AI to blockchain, companies are rapidly adopting new technologies which use data to drive business insights and manage risks more effectively . Our third volume of The Trust Issue explores how technology can also improve a company’s transparency and increase the trust it receives from customers... Read More

Enter the ninja: A disciplined approach to defeat regulatory risk
Posted on 12-05-2018 by Lisa Thompson

Forget about the turtles. Today is International Ninja Day, but what we’re on about has more to do with regulatory risk than teenagers or (as far as we know) mutants. Why does International Ninja Day make us think ‘compliance program’? International Ninja Day was the brainchild of... Read More

Grocery chain bags food supply chain risk with eco-friendly option
Posted on 11-21-2018 by Lisa Thompson

Several months ago, we highlighted news that Kroger was phasing out plastic grocery bags as part of its Corporate Social Responsibility (CSR) commitment . The national grocery chain is not alone. When it comes to addressing food supply chain risk, corporate social responsibility programs are helping... Read More

Can companies use ISO 37001 to help eradicate poverty?
Posted on 10-17-2018 by Lisa Thompson

Twenty-five years ago, the United Nations General Assembly declared October 17th International Day for the Eradication of Poverty . In marking the anniversary, the UN has stated that … “all people must come together to end poverty and discrimination in order to build a sustainable future... Read More

2 Reasons why companies need to conduct risk assessments of their own compliance programs
Posted on 10-08-2018 by Lisa Thompson

As the aftermath of corporate corruption and ethics scandals continue to play out in news headlines and courtrooms, spurring a continued search for expert advice and best practices on mitigating compliance risk . So, when a former compliance expert at the U.S. Department of Justice (DOJ) and a Harvard... Read More

3 Reasons to Combine Due Diligence & Risk Monitoring
Posted on 10-03-2018 by Lisa Thompson

Companies are exposed to regulatory, financial, reputational and strategic risks, and the number of countries and NGOs with compliance expectations is on the rise. The best way to proactively manage these expectations? Risk-based due diligence and ongoing monitoring. 1—Regulatory risks... Read More

Why the Energy Sector Needs Better Due Diligence & Risk Monitoring
Posted on 08-23-2018 by Lisa Thompson

No industry is impervious to bribery and corruption risk, but companies linked to energy industries, in particular, face elevated risks in order to reap the equally-high rewards. It’s a topic we’ve touched on in blog posts on Unaoil and Petrobras . But anti-bribery and corruption regulations... Read More

Danske Bank and Siemens invite ABC compliance in the boardroom
Posted on 08-16-2018 by Lisa Thompson

Danske Bank and Siemens have appointed chief compliance officers to their boards of directors this summer. We explore why compliance has become accepted as a critical function in any company. At the next board meeting of Denmark’s biggest bank, a chief compliance officer will be at... Read More

Cracks in Food Safety Programs Lead to ‘Eggstraordinary’ Recall
Posted on 06-13-2018 by Lisa Thompson

Two-hundred and seven million eggs were recalled on April 13th of this year—the largest such recall in the U.S. in nearly 10 years. By May, another 12 people from 9 states had fallen ill from the tainted eggs, bringing the total to 35 with 11 individuals requiring hospitalization. Major supermarket... Read More

What can companies do to manage bribery and corruption risk better?
Posted on 06-12-2018 by Lisa Thompson

Kathryn Higgs is Director of Transparency International’s Business Integrity Program. Prior to that she was head of ethics and compliance at Tesco and chief compliance officer at Balfour Beatty. In an exclusive interview with LexisNexis, she says that technology has increased the risk of bribery... Read More

CONSTRUCTing a new approach to CSR
Posted on 04-06-2018 by Lisa Thompson

Environmental and social issues driving change in the construction industry Guest Post by Colleen Theron, Director Ardea Since Russia and Qatar won their bids to host the FIFA World Cups in 2018 and 2022 respectively, the construction industry has come under the spotlight for their human rights... Read More

Lessons Learned: How One Global Economist Evaluates Political and Economic Risk
Posted on 03-02-2018 by Lisa Thompson

For the latest installment of our Q&A series, we spoke with Simon Baptist of the Economist Intelligence Unit (EIU). More than 100 economists and experts at the EIU analyze political and economic risks for some of the world’s biggest companies. As Global Chief Economist and Managing Director... Read More

2 in 3 countries have “high corruption burden”: Transparency International
Posted on 02-22-2018 by Lisa Thompson

The world’s most corrupt countries have been revealed in Transparency International’s 2017 Corruption Perceptions Index. The big movers in this year’s index are the UK, whose score has improved by eight points since 2012, and Australia, whose score has fallen by eight. Usual... Read More