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…
A scene is playing out in companies across the globe right now. Innovation teams are moving fast. Procurement is signing contracts. Business units are experimenting with copilots, workflow agents, and…
A scene is playing out in companies across the globe right now. Innovation teams are moving fast. Procurement is signing contracts. Business units are experimenting with copilots, workflow agents, and…
The Justice Department’s first publicly announced resolution under its new Department-wide Corporate Enforcement and Voluntary Self-Disclosure Policy (CEP) offers corporate compliance officers a practical roadmap: disclose early, cooperate fully, remediate…
For years, compliance professionals have argued that ethics matters because it is the right thing to do. That remains true. But the latest data from Ethisphere adds an equally important…
There was a time when boards could treat AI as a management-side innovation issue, something for the technology team, the innovation committee, or perhaps an occasional strategy offsite. That time…
For years, compliance professionals have understood a basic truth about third-party risk: your company can outsource a function, but it cannot outsource accountability. That principle has long applied to distributors,…
There is an old lesson in compliance that remains evergreen: bad facts produce bad decisions. The same is true for data science: Garbage In, Garbage Out (GIGO). In the GenAI…
If you are a compliance professional looking at your company’s GenAI rollout and wondering when the grown-ups will finally arrive, I have good news. They just did. COSO has now…
There is a question I continue to hear from compliance professionals, boards, and senior executives alike: “When will generative AI finally be good enough for us to trust it?” As…
This week, I want to pay tribute to my former Compliance Week colleague, Aly McDevitt, who announced on LinkedIn that she was retiring from CW to become a full-time mother. I wrote a…
