Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate…
One of the most common points of confusion I see in the compliance space is the conflation of a compliance risk assessment and a fraud risk assessment. At first glance,…
Cybersecurity risk is no longer a back-office IT issue. It is a board-level governance priority, a regulatory compliance challenge, and a reputational minefield. From ransomware attacks to regulatory enforcement actions,…
Artificial intelligence (AI) has rapidly become embedded in the daily workflows of executives, employees, and, increasingly, board directors. From drafting strategy summaries to analyzing industry data, directors are turning to…
Artificial intelligence (AI) has been heralded as one of the most transformative technologies of our time. It promises efficiency, productivity, and entirely new business models. Yet, as with any tool…
Despite the Trump Administration, the Foreign Corrupt Practices Act (FCPA) has again demonstrated its reach and staying power. An article in Law360 reported that this month, a federal jury in…
I have long advocated that your ethics and compliance program should be embedded directly into your hiring process. However, let me be even more succinct: compliance begins with the hiring…
Ed. Note: this blog post concludes our 5-part series this week on Board issues for the compliance professional. For many compliance professionals, being selected to serve on a board of…
If you work in compliance, you already speak the language boards care about risk, resilience, integrity, and long-term value. The opportunity now is to package your experience so that directors…
Crisis is no longer a rare event. From ransomware attacks and regulatory shocks to activist investors and CEO departures, boards today operate in an environment defined by volatility and disruption….
Boardroom communication is not just a matter of style; it is a skill much needed for every Chief Compliance Officer (CCO). In today’s environment of heightened regulatory scrutiny, geopolitical disruption,…
