article is the first in a series of articles detailing the risk assessment,
evaluation and management of a foreign business partner under the Foreign
Corrupt Practices Act (FCPA). This article sets out the parameters of the
problem and suggests a format for risk assessment, suggesting an approach...
What is the amount of risk that your company is willing
to accept? Before you even get to this question how does your company assess
risk and subsequently evaluate that risk? In the July issue of the Compliance
Week magazine, these questions were explored in an article entitled " Improving
In an article in the December edition of the ACC Docket,
entitled " Disciplined and Practical Risk Management ", Jim Jackson,
General Counsel of Medair, discussed risk management in the non-profit arena,
focusing on his experiences on this issue during his tenure at Medair. Medair
In the February 10, 2012 edition of the Houston Business
Journal, in an article entitled " In order to solve a problem, it must first
be identified ", author Harvey Mackay wrote "People don't usually buy
products and services. They buy solutions to problems." He notes that...
How do you move off dead center? That was a question
posed by my colleague Mary Jones in a recent guest blog post. She gave several
concrete steps in answer to her own question. This question was further
explored in the January issue of the Compliance
Week magazine which began a six-part " Anti...
by Michael Bell
It is often challenging to
pinpoint specific sources of risk when law firms engage or supervise a
third-party legal vendor. Focusing on the the sources of risk, or touchpoints,
that create a disproportional level of exposure is an essential first step when
conducting a comprehensive...
Next Tuesday, the country will elect its President for
the next four years. Exactly one week later, Congress will return to take up a
critical piece of deferred business that could dramatically affect the country
for the next four years and even beyond, regardless
of who wins the Presidential election...
Billie Sol Estes died yesterday and when it comes to scam
artists from the great state of Texas, before there was Allen Stanford and his
magical Certificates of Deposits located in his private bank in Antigua, there
was Billie Sol Estes. Before Sir Allen came along, Billie Sol had a 50 year run
Yesterday, I blogged about the Desktop Risk Assessment . I received so many comments and views about the post, I was inspired to put together a longer post on the topic of risk assessments more generally. Of course I got carried away so today, I will begin a three-part series on risk assessments. In...
Ed. Note-Today, I continue my three-part posts on risk assessments. Today I take a look at some different ideas on how you might go about assessing your risks.
One of the questions that I hear most often is how does one actually perform a risk assessment? Mike Volkov has suggested a couple of different...
Today, I conclude a three-part series on risk assessments in your Foreign Corrupt Practices Act (FCPA) or UK Bribery Act anti-corruption compliance program. I previously reviewed some of the risks that you need to assess and how you might go about assessing them. Today I want to consider some thoughts...
I continue my exploration of actions you can take to improve your compliance program during an economic downturn with a review of what my colleague Jan Farley, the Chief Compliance Officer (CCO) at Dresser-Rand, called the ‘ Desktop Risk Assessment ’. Both the Department of Justice (DOJ)...
On this date in October 1971, Duane Allman died. He was the co-founder, along with his brother Greg, of the Allman Brothers Band. For my money he was one of the greatest guitarists of all time. At the time of his death, the Allman Brothers had released their debut album, simply entitled The Allman Brothers...