WPP Enforcement Action: Part 1 – Background

WPP Enforcement Action: Part 1 – Background

We now have our second Foreign Corrupt Practices Act (FCPA) corporate enforcement action in 2021. The Securities and Exchange Commission (SEC) entered into a Cease and Desist Order (Order) last week with WPP plc, the world’s largest advertising group, for the paying...
ESG and Compliance – Response and Enhancement

ESG and Compliance – Response and Enhancement

We conclude our five-part series on ESG and Compliance by looking at the final prong in the StoneTurn ESG Framework, that of Response and Enhancement. Many compliance professionals would see this as similar to continuous improvement and you would not be far off....
ESG and Compliance – Reporting

ESG and Compliance – Reporting

We next consider ESG reporting. This may, at first blush appear to be something outside the orbit of the compliance profession, however, upon closer examination, it is precisely what compliance professionals engage in. This is because of my well-known mantra Document,...
ESG and Compliance – Monitoring

ESG and Compliance – Monitoring

We next consider monitoring. You would not be wrong to begin with the adage: “You can’t manage what you don’t measure.” Its central tenet should be a key part of your ESG management and reporting. ESG stakeholders, from investors to employees to the regulators to the...
ESG and Compliance – The Materiality Assessment

ESG and Compliance – The Materiality Assessment

Every compliance professional should be aware of what a risk assessment is and its importance in any compliance program. Numerous regulatory frameworks state it be the key foundational mechanism to identifying corporate risk for any corporate compliance program....
ESG and Compliance: Policies and Procedures

ESG and Compliance: Policies and Procedures

This week I will be considering the role compliance and a Chief Compliance Officer (CCO) should play in a corporate Environmental, Sustainable and Governance (ESG) program. Over this series, I will explore how the StoneTurn Group, LLP (StoneTurn) ESG Framework...

Culture, Training and Compliance – Part 2

I recently had the chance to visit with Koby Bambilia, Managing Director, at K2 Integrity. We discussed skills development and regulatory changes, together with tailored and risked based training. Bambilia has an interesting perspective on compliance training because...
Compliance Communications: Using an AI Marketing Strategy – Part 2

Compliance Communications: Using an AI Marketing Strategy – Part 2

Over a couple of blog posts, I am exploring topics raised in a recent Harvard Business Review (HBR) article, entitled “How to Design an AI Marketing Strategy: What the technology can do today—and what’s next”, by Thomas H. Davenport, Abhijit Guha, and Dhruv Grewal...