Here’s our latest look at what’s new and interesting in the world of ethics, compliance and corporate governance around the web.
This week, the Society of Corporate Compliance and Ethics (SCCE) and the Health Care Compliance Association (HCCA) released its “Compliance and Ethics Hot Topics for 2016” report, which identified top issues for ethics and compliance professionals.
Among the top five concerns, cybersecurity and cybercrime have topped the list. Other major risks are:
- Social media compliance risks
- Leveraging compliance practices with business practices to be more effective and efficient
- Creating/Maintaining an ethical culture
- More effective internal investigations
Cybersecurity and social media #compliance risks are chief concerns of compliance and ethics professionals https://t.co/m3mPe8upnu
— Society of Corporate Compliance and Ethics (SCCE)® (@SCCE) February 22, 2016
At multinational, publicly traded, and large companies, 42 percent of respondents are worried that third-party risks will continue to have an impact on their business. On the other hand, creating and maintaining an ethical culture ranked the least of their concerns.
ALSO IN THE NEWS:
A Breakdown in Culture at BBC: The British broadcaster was found guilty for neglecting to promote a speak up culture in light of of a former employee’s conduct, which went unheeded for decades.
Serious Fraud Office: U.K. Employees Charges with Bribery: Employees of Scarlad, a technology provider for the metals industry, were each charged with one count of conspiracy to bribe under the U.K. Bribery Act.
PwC: Hot-Button Issues in the Boardroom: PwC’s Annual Corporate Directors Survey, identifies board governance issues and its link to overall board performance.
Standard Chartered to Recoup Bonuses Amid Loss: StanChart has plans in place to clawback bonuses from employees responsible for compliance and risk management breaches.
Trending Topics:
Larcker: Removing Yahoo CEO from sale process may reduce conflict in the event she disagrees with board: https://t.co/W89oeO9Yq0 #corpgov
— StanfordCorpGov (@StanfordCorpGov) February 19, 2016
Simpler compliance is better compliance. Insights @ethisphere's BELA Roundtable via Alex Dimitrief @generalelectric https://t.co/XkNG4MEAzg
— Ty Francis MBE (@tyfrancis) February 23, 2016
Nice piece by @anmaharaj about Ombuds panel @Columbia_SPS moderated by @3PtsFrwd
— Tom A. Kosakowski (@OmbudsBlog) February 24, 2016
[VIDEO] @ESalmonByrne says "compliance is a comparative exercise" https://t.co/eQWqKP7fQ3 @Convercent
— Ethisphere (@ethisphere) February 25, 2016
Upcoming event:
Join us on March 9-10 in New York City for Ethisphere’s 8th Annual Global Ethics Summit. For more information, click here.
