Categories
CorporateCompliance RegTech

The Intersection of EDD and Banking Cannabis

February 24, 2021 at 12:00PM As the cannabis industry continues to grow, so does its demand for banking services. Brandi Reynolds champions an enhanced due diligence (EDD) program specifically for these customers. A quick read through recent regulatory enforcement actions against financial institutions will show that regulators are intensely interested in higher-risk customers and in the enhanced due diligence (EDD) […]

The post The Intersection of EDD and Banking Cannabis appeared first on Corporate Compliance Insights.

(This is only a summary. Click on the headline to view the entire article at Corporate Compliance Insights and participate in the discussion.) via Corporate Compliance Insights https://bit.ly/3usPG7a

Categories
CorporateCompliance RegTech

Ethisphere Announces the 2021 World’s Most Ethical Companies

February 23, 2021 at 04:43PM 135 Honoree Companies Recognized for Their Unwavering Commitment to Business Integrity and Valued-based Leadership New York, NY (February 23, 2021) – Ethisphere, a global leader in defining and advancing the standards of ethical business practices, today announced the 135 honorees representing 22 countries and 47 industries that have earned the coveted designation of World’s Most […]

The post Ethisphere Announces the 2021 World’s Most Ethical Companies appeared first on Corporate Compliance Insights.

(This is only a summary. Click on the headline to view the entire article at Corporate Compliance Insights and participate in the discussion.) via Corporate Compliance Insights https://bit.ly/37BlCMT

Categories
CorporateCompliance RegTech

Pulling Back the Veil: A Look at the Corporate Transparency Act

February 23, 2021 at 12:00PM The Corporate Transparency Act will require millions of U.S. businesses to provide beneficial ownership information to the federal government. Foley Hoag’s Luciano Racco weighs in on who’s impacted and the regulation’s value for AML and sanctions compliance programs. Buried within the 1,400-page National Defense Authorization Act for Fiscal Year 2021 (the NDAA) – enacted on […]

The post Pulling Back the Veil: A Look at the Corporate Transparency Act appeared first on Corporate Compliance Insights.

(This is only a summary. Click on the headline to view the entire article at Corporate Compliance Insights and participate in the discussion.) via Corporate Compliance Insights https://bit.ly/2ZNWyxD

Categories
CorporateCompliance RegTech

Thinking Outside the Tick Box

February 22, 2021 at 09:46PM  

The post Thinking Outside the Tick Box appeared first on Corporate Compliance Insights.

(This is only a summary. Click on the headline to view the entire article at Corporate Compliance Insights and participate in the discussion.) via Corporate Compliance Insights https://bit.ly/2MjcAwC

Categories
CorporateCompliance RegTech

Cashless Payments: AML and BSA Risk Management

February 22, 2021 at 12:00PM The COVID-19 pandemic has led to more interest in cashless payments in the gaming industry, but casinos need to consider Bank Secrecy Act and anti-money laundering compliance program implications prior to introducing this new payment option. Deloitte’s Matt Lappas discusses three key areas of focus to strengthen casino compliance programs. According to research performed by […]

The post Cashless Payments: AML and BSA Risk Management appeared first on Corporate Compliance Insights.

(This is only a summary. Click on the headline to view the entire article at Corporate Compliance Insights and participate in the discussion.) via Corporate Compliance Insights https://bit.ly/2ZBGhf9

Categories
CorporateCompliance RegTech

King & Spalding: GC Decision Tree for Internal Investigations

February 19, 2021 at 10:27PM Corporate whistleblower tips are skyrocketing: In FY 2020, the SEC received over 6,900 whistleblower tips – the most ever for any year. More than 80 percent of those tips came from company employees who had previously raised red flags, which typically should have triggered evaluations to determine what sort of internal probe might be necessary. This […]

The post King & Spalding: GC Decision Tree for Internal Investigations appeared first on Corporate Compliance Insights.

(This is only a summary. Click on the headline to view the entire article at Corporate Compliance Insights and participate in the discussion.) via Corporate Compliance Insights https://bit.ly/3ugXvMX

Categories
CorporateCompliance RegTech

Changing the Culture, One Process at a Time

February 19, 2021 at 09:32PM When I tell people that culture is an outcome of processes, I often get a faint nod of understanding, mixed with an inquisitive look. They intuitively get it but they are not sure what it looks like in real life. Let me share an example with a process that takes place in the very early […]

The post Changing the Culture, One Process at a Time appeared first on Corporate Compliance Insights.

(This is only a summary. Click on the headline to view the entire article at Corporate Compliance Insights and participate in the discussion.) via Corporate Compliance Insights https://bit.ly/37vY4cb

Categories
CorporateCompliance RegTech

LexisNexis® Risk Solutions and Accuity Join Operations

February 18, 2021 at 10:54PM Leading Business Analytics Companies Combine Strengths to Help Customers Empower Risk Decisions (February 18, 2021) – Accuity and LexisNexis Risk Solutions announced they are merging operations. Both businesses are RELX companies and leaders in their respective focus areas in the global financial crime compliance sector with complementary solutions. Accuity is part of the LexisNexis Risk […]

The post LexisNexis® Risk Solutions and Accuity Join Operations appeared first on Corporate Compliance Insights.

(This is only a summary. Click on the headline to view the entire article at Corporate Compliance Insights and participate in the discussion.) via Corporate Compliance Insights https://bit.ly/3sfn9Ad

Categories
CorporateCompliance RegTech

SOC 2 Compliance: Why You Should Care

February 19, 2021 at 12:00PM Towerwall’s Michelle Drolet discusses the two threads of SOC 2 compliance (types 1 and 2), outlines the Trust Services Criteria, and details the benefits of adhering to these standards. While Service Organization Control (SOC) 2 compliance isn’t mandatory, it can bring a range of benefits for your organization. Created by the AICPA (American Institute of […]

The post SOC 2 Compliance: Why You Should Care appeared first on Corporate Compliance Insights.

(This is only a summary. Click on the headline to view the entire article at Corporate Compliance Insights and participate in the discussion.) via Corporate Compliance Insights https://bit.ly/37oZbuf

Categories
CorporateCompliance RegTech

The Rise of ESG In Response to Investor Demand

February 19, 2021 at 12:00PM Finance experts are increasingly aware of environmental, social, and governance (ESG) issues. This trend did not come out of nowhere; it’s a response to investor demand. Michael Volkov explores the growth of ESG and the actions companies can take now. Corporate governance sometimes is the subject of “fads,” or initiatives that gain traction with dubious […]

The post The Rise of ESG In Response to Investor Demand appeared first on Corporate Compliance Insights.

(This is only a summary. Click on the headline to view the entire article at Corporate Compliance Insights and participate in the discussion.) via Corporate Compliance Insights https://bit.ly/3k1g6YZ