Recently, we held a live webinar with special guest Susan Divers from LRN to get her take on the expanded guidance released 30 April, 2019. We thought we’d pick her brain further on this guidance and on high-performing compliance programs.
The month of June ended what has been one of the most active half-years in Foreign Corrupt Practices Act (FCPA) enforcement ever according to Thomas Fox. The attorney recently covered the subject in a JD Supra blog, citing many high-profile cases in 2019 along with the Department of Justice’s (DOJ’s) revised guidance on evaluating corporate compliance programs.
“We believe very strongly that to lower costs in your compliance management, and lower risks, you need an integrated system with the functions working together – particularly in conflict-of-interest compliance scenarios…”
Dodd Frank, Volcker, MiFID, Sponsor rules, Market Abuse Directives….and the list goes on. All very complicated and no doubt taking up a lot of your time. But the one storm on the horizon that really should be keeping you up at night? Yep, it`s that regulatory staple, Supervision.