WEB EXCLUSIVE
Another Reason to Comply with FCPA, But How? June 07, 2010On June 2nd, Fitch Ratings agency announced that Foreign Corrupt Practices Act violations could result in ratings downgrades. That’s one more reason boards should educate themselves on FCPA and how their companies are monitoring FCPA-related risks. It appears, though, that many boards do not feel comfortable with their companies’ compliance programs.
WEBCAST
A Director's Guide to Mitigating FCPA RiskMay 04, 2010Albert Vondra, Partner, Forensic Services, PricewaterhouseCoopers LLP, provides an overview of the FCPA, outlines FCPA risks from a director's perspective, and states the key elements of an effective compliance program.
ARTICLE
Positioning the CRO for Success April 27, 2010When it is appropriate for a chief risk officer (CRO) or an equivalent senior risk executive to be in place, both the board of directors and management – not to mention the company’s shareholders – have a stake in that executive’s success. Now is the time for the organization to consider a fundamental question: Is that executive, as well as risk management in general, positioned to be successful within the organization?
ARTICLE
The Role of the Board in Enterprise Risk Management April 19, 2010Since the audit failures of the ‘90s, definition of and responsibility for “Enterprise Risk Management” has become a key issue for boards of directors. As a result, Risk Committees and Chief Risk Officers are beginning to emerge. Do these actions mitigate risk or are they merely defensive? After all, as the logic in the boardroom goes, how would we explain not having a Risk Committee if something “went wrong?”