Search

On September 23, 2024, Principal Deputy Assistant Attorney General Nicole M. Argentieri (PDAAG), speaking at the Society of Corporate Compliance and Ethics Annual Compliance & Ethics Institute, announced three key [...]

In today's complex and rapidly changing regulatory landscape, ensuring compliance with Anti-Money Laundering (AML) regulations is necessary for businesses to fight financial crime. AML Manuals serve as comprehensive guides, outlining [...]

As we navigate the evolving legal landscape in China, it is imperative to stay informed about recent legislative changes that may impact your business operations. The latest amendments to the [...]

INTRODUCTION In today's world, Environmental, Social and Governance ('ESG') considerations have become a global set of guiding principles for evaluating and improving corporate sustainability and impactful decision-making. ESG integrates ethical [...]

Humans have to live as a society in solidarity with others for survival, security, and continuation of the species. Equity (fairness) and cooperation must be core values in these societies [...]

INTRODUCTION 'Corporate governance is the acceptance by management of the inalienable rights of shareholders as the true owners of the corporation and of their own role as trustees on behalf [...]

On May 15, 2024, FINMA launched a consultation on a new circular (the Draft Circular) outlining its supervisory practice with regard to certain conduct requirements under the Financial Services Act [...]

Just over a month after Deputy Attorney General Lisa Monaco announced the upcoming launch of the Department of Justice's whistleblower rewards program, the DOJ Criminal Division unveiled its newest program [...]

In June, the Organisation for Economic Co-operation and Development updated the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct. The Guidelines are the leading international standard on responsible business [...]

The Institute of Business Ethics (IBE) recently published a research report assessing the codes of ethics of the FTSE 350 (the Report). The Report provides a useful summary of good [...]

The recent dramatic failures in the world of cryptos, compared by some with the 'dot com bubble' and 'Enron' disasters, highlighted, once more, the importance of rigid rules on and [...]

With increasing emphasis on the importance of ethical business practices for staff, customers and the wider public, firms are looking for ways to engender trust in their business. One of [...]

On October 28, 2021, Deputy Attorney General Lisa Monaco released a memo setting out 'Initial Revisions to Corporate Criminal Enforcement Policies.' The memo indicated that the Department of Justice would [...]

Ethics is deemed to be as old as humanity itself but how has the digital arena impacted the relevance of ethics in today's workplace? This was the question that Bank [...]

Last week, Deputy Attorney General Lisa O. Monaco delivered remarks on corporate criminal enforcement, announcing revisions to DOJ's policies for addressing corporate ethics and compliance matters. These changes reflect an [...]

The world in which we live and work has changed drastically in the last 24 months. An evaluation of today's business landscape would be impossible to conduct without considering the [...]

The inattention some companies pay to their ethics and compliance program never ceases to surprise us. You'd think the frequency of DOJ press releases and prosecutions holding companies accountable for [...]

The Supreme People's Court (SPC) officially launched a month-long public consultation on the judicial interpretation of the anti-unfair competition law starting on Thursday as part of the effort to correctly [...]

'One of our board members has gone rogue - what can we do?' While this is thankfully not a frequent question that we receive, it can be an extremely challenging [...]

Contested conservatorships, feuds over NFL fee payouts, Twitter battles making their way into court documents, and allegations of hundreds of thousands of dollars in lottery ticket earnings being siphoned to [...]

United States government contractors are contractually required to maintain business ethics and conduct programs. These contract clauses, prescribed by regulation, require companies to 'exercise due diligence to prevent and detect [...]

In recent years it has become increasingly important for companies to be cognizant of human rights issues, particularly when operating abroad. Companies that fail to do business ethically in accordance [...]

BACKGROUND https://www.mca.gov.in/Ministry/latestnews/National_Voluntary_Guidelines_2011_12jul2011.pdf https://www.sebi.gov.in/legal/circulars/aug-2012/business-responsibility-reports_23245.html https://www.sebi.gov.in/legal/circulars/nov-2015/format-for-business-responsibility-report-brr-_30954.html https://www.sebi.gov.in/media/press-releases/nov-2019/sebi-board-meeting_45022.html https://pib.gov.in/PressReleasePage.aspx?PRID=1645169 https://www.sebi.gov.in/reports-and-statistics/reports/aug-2020/consultation-paper-on-the-format-for-business-responsibility-and-sustainability-reporting_47345.html https://www.sebi.gov.in/media/press-releases/mar-2021/sebi-board-meeting_49648.html https://www.sebi.gov.in/legal/circulars/may-2021/business-responsibility-and-sustainability-reporting-by-listed-entities_50096.html INTRODUCTION It is no secret that business operations across industries have a significant impact on various environmental, social and governance aspects. [...]

Social Security Institution has published a new Communiqué numbered 2021/9 and canceled the termination code 29 (for the behaviors of the employee against ethic rules) and added new termination codes [...]

On February 5, 2021, the Federal Bureau for Consumers' Protection (PROFECO) issued an official communication announcing the creation of a Code of Ethics for E-Commerce, in order to standardize transactions [...]

In recent years, the Colombian government has demonstrated a strong commitment to rectifying the culture of impunity that had been seen as a way of doing business in the country. [...]

Recently, three of Australia's four largest banks have self-reported breaches of anti-money laundering and counter-terrorism financing laws. Commonwealth Bank of Australia in 2018 admitted fault and agreed to pay a [...]

One often assumes that if someone has concerns about wrongdoing in the workplace, they will voice them. In reality this isn't always the case. The results of recent studies by [...]

As various new laws make it obligatory to have a professional whistleblowing infrastructure in place to report all sorts of wrongdoings, one important reason for implementing a whistleblowing system is [...]

The EC's High-Level Expert Group on Artificial Intelligence recently released the first draft of its Ethics Guidelines for Trustworthy AI. The Guidelines are intended to support the Europe's ability to [...]

The UK's brand new Centre for Data Ethics and Innovation has officially launched, implementing part of the Sector Deal for AI and Data in the government's Industrial Strategy. The Centre [...]

This time of year is when we typically reach out to our customers, suppliers and employees to show appreciation and celebrate the season and end of year. Businesses foster relationships [...]

Payment service providers and e-money institutions do not follow a single rulebook - which requirements apply to them depends on whether they are regulated under the Financial Services and Markets [...]

The question whether a public for-profit company can 'do good' and make money at the same time has never been more relevant. Public companies are being bombarded with messages, requests [...]

On 3 August 2018, the Ministry of Planning and Finance, Directorate of Investment and Company Administration (DICA) issued an announcement on the Anti-Corruption Code of Ethics for Companies and Body [...]

On August 1, 2018, the U.K. FCA launched a consultation on general standards and communication rules for the payment services and e-money sectors. Payment Service Providers and e-money firms are [...]

When companies employ artificial intelligence technologies they have to be mindful of the legal and ethical problems those technologies might cause. While the scope of legal concerns surrounding AI technologies' [...]

The Association of British HealthTech Industries (ABHI) has this week published an update to their Code of Ethical Business Practice for the recently rebranded 'health technology' sector. The changes to [...]

Turkey has announced National Profession Standards of Ethics and Compliance Management Level 6 ('Standards'). The Standards address the role and responsibilities for an Ethics and Compliance Manager ('Manager'). They address [...]

INTRODUCTION Litigators have a tough job: demanding clients, relentless deadlines, and constant pressure to get everything just right. But insurance defense attorneys deal with this and more. Being an insurance-defense [...]

Introduction On 10 May 2018, the Assistant Minister for Home Affairs, The Hon. Alex Hawke MP, announced in a world first that the Government will lead by example in the [...]

In a rare procedural move that caught many by surprise, the National Labor Relations Board announced on Wednesday that it will soon start the rulemaking process to clarify the current [...]

Proposed legislative changes that follow from the Government of Canada's 2017 public consultation on improving the Integrity Regime (discussed in a previous post) were recently introduced in Parliament. Specifically, on [...]

The general counsel can play an important role in providing advice concerning the emerging phenomenon of 'CEO activism,' in which companies and their CEOs publicly comment on leading social issues. [...]

Two years after introducing the government-wide Integrity Regime as a further means to deter and address corporate wrongdoing, the Government of Canada sought public consultation to determine whether the Integrity [...]

A balancing act of client confidentiality and ethical responsibility! Accountants should be acutely interested in a new standard that 'encourages professional accountants to speak up where they discover laws and [...]

The winner of The One to Watch at the ICSA Awards 2017 discusses challenging senior managers, learning in a new role, and the future of board papers How does it [...]

Canada has committed to becoming a leader in the international movement to promote ethical business practices and fight corruption. At the 2013 G8 leaders' summit in Northern Ireland, Canada announced [...]

FCA has issued a final notice against Capita Financial Managers Limited (CFM), publicly censuring the firm and ordering it to pay up to £66m in compensation to investors that suffered [...]

In order to keep you updated on new regulatory matters, we would like to inform you that Law 1778 of 2016, which penalizes transnational corruption acts, provides the need of [...]