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

Which countries are exporting bribery and corruption risk?
Posted on 10-12-2018 by Lisa Thompson

Three quarters of the world’s biggest exporting countries are failing to punish corporations that pay bribes overseas, according to a new report from the NGO Transparency International. The report shows that there are vast differences in the level of risk of bribery and corruption in different... 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

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

Why Pharma & Biomed Companies’ Risk Analysis Processes are Due for a Check-Up
Posted on 07-18-2018 by Lisa Thompson

Just three years ago, Teva Pharmaceuticals, a drug-maker in Israel, disclosed to both the U.S. Securities & Exchange Commission and the U.S. Department of Justice that an on-going internal probe had revealed possible violations of the Foreign Corrupt Practices Act (FCPA) and/or local laws. Ultimately... 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

When in the Midst of Change, Be Ready for Crisis Management
Posted on 04-03-2017 by Anna Stevens

Keeping your brand's reputation intact is your primary duty as a public relations professional in 2017. Being ready for crises is an essential element of this kind of brand image protection. When an organization implements a major change in the way it operates, it's a great time to refresh your... Read More

Checklists for Improving Risk Assessment and Monitoring in 2016
Posted on 01-07-2016 by Ulyana Androsova

The health and fitness industry loves January. As we ring in another new year, we are inspired to make resolutions—which often equate to new gym memberships, investments in wearable fitness trackers and self-improvement action plans. But it’s not just individuals who can benefit from well... Read More

FIFA Scandal Shows Why Anti-Corruption Policy is Not Enough
Posted on 12-17-2015 by Ulyana Androsova

Since the FIFA corruption scandal broke in May, prosecutors have charged 41 individuals or entities with violations of global anti-bribery and corruption laws. At the time, court documents suggested that as-yet unnamed media companies and advertisers might have, to coin a phrase, skin in the game. Now... Read More

Why Your Business Needs an Anti-Corruption Policy
Posted on 12-09-2015 by Ulyana Androsova

A decade ago, the U.N. General Assembly designated December 9 as International Anti-Corruption Day to bring awareness to a growing blight on social and economic development. In the years since, anti-bribery and corruption enforcement actions have also brought to light the significant risks that business... Read More

Are the G20 Countries Slacking on Anti-Bribery and Corruption?
Posted on 12-04-2015 by Ulyana Androsova

Five years ago, the G20 Leaders created the Anti-Corruption Working Group (ACWG) to address the negative impact of corruption on economic development and trade. Yet, the latest Transparency International report suggests that the leaders of the world’s largest economies are falling short when it... Read More

Why Your Company Needs to Focus on the Negative … News
Posted on 09-08-2015 by Ulyana Androsova

“Focus on the positive.” It’s practically a mantra these days as individuals strive—in both private and professional lives—to manage stress more effectively. But there are other familiar expressions—like “forewarned is forearmed” and “better safe... Read More

Why Easing OFAC Sanctions Won’t Eliminate Risk in Iran
Posted on 08-24-2015 by Ulyana Androsova

After the Iranian Revolution of 1979, the U.S. began leveraging economic sanctions against Iran , expanding them to include companies dealing with the Iranian government in 1995. In 2006, the UN Security Council piled on in an attempt to influence the government’s uranium enrichment program. Decades... Read More

Sanctions Uncovered – Staying out of the risk zone
Posted on 08-11-2015 by Ulyana Androsova

With the recent burst of OFAC fines issued to businesses, sanctions represent a very real and potentially damaging area for any business trading internationally. Recent cases include the New York Branch of National Bank of Pakistan, who received a total fine of $55,952.14 for wire transfers... Read More