If your company files with the SEC and uses components that contain tin, tantalum, tungsten or gold (3T&G) sourced in the Democratic Republic of Congo (DRC) or adjoining countries, yours is one of thousands of U.S. companies required to file their first annual conflict minerals report on June 2. Despite the recent ruling by a federal court that has thrown some doubt as to whether the reporting requirements will change, or whether the deadline may be pushed back, organizations should nonetheless be ready to file. Background
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April 24, 2014 • Simmi Singh Corcoran
Once a policy that typically needed little attention or updating, the legalization of marijuana—even for the limited purpose of medical use—is throwing companies’ drug & alcohol use policies into the spotlight. Navigating Conflicting State & Federal Laws Both Colorado and Washington recently passed laws legalizing recreational marijuana use. But loosening the reins on marijuana is a trend that is not isolated to these states.
April 17, 2014 • Simmi Singh Corcoran
In our first post on burst learning, we covered five key benefits of using burst learning, an approach to ethics and compliance training that utilizes engaging five-to seven-minute products to accomplish any number of an organization’s training objectives. In this post, we cover four more benefits, drawn from NAVEX Global’s new Burst Learning User Guide: 11 Meaningful Ways to Use Burst Learning in Ethics & Compliance Training and Awareness. Benefit #6: Reduce Seat Time
April 11, 2014 • Bob McCarter
The “Heartbleed” cybersecurity vulnerability has received a great deal of media attention in the past few days. Safeguarding the ethics and compliance data we process for customers is one of our top priorities. We would like to share the measures we have taken to protect our clients and partners from this risk. Background
April 10, 2014 • Simmi Singh Corcoran
Sometimes, short is not only sweet—it’s powerful. Burst learning is an approach to ethics and compliance training that utilizes engaging five-to seven-minute videos to accomplish any number of an organization’s training objectives—from nimbly addressing a pressing “hot topic” issue to providing appropriate, affordable training for third parties. According to NAVEX Global’s Key Trends, Issues and Best Practices in Compliance report, in the past two years, 23 percent of organizations have started replacing traditional courses with shorter courses, and 22 percent are supplementing traditional courses with bursts.
April 4, 2014 • Simmi Singh Corcoran
Ethics and compliance training programs are typically designed for employees, and often do not address the issues and the specific responsibilities that high-level executives face daily. These leaders can pose the highest potential risk if they abuse their influence in the company or fail to spot and respond to ethical lapses. To help address this training gap, the Association of Corporate Counsel (ACC) recently launched a series of thought leadership interviews, in collaboration with NAVEX Global, to provide broader ethics and compliance resources to ACC members. This series of short, 5-minute videos are available to ACC members through the ACC Compliance Portal.
April 3, 2014 • Eddy O'Mara, Randy Stephens
A memorandum released yesterday by Senator Charles E. Grassley highlights allegations that 14 of the 15 executive branch departments are in violation of the Whistleblower Protection Enhancement Act (WPEA).
March 27, 2014 • Simmi Singh Corcoran
March 21, 2014 • Michael Vermillion, Mary Bennett
The challenge of managing third party relationships has expanded within the banking industry. In guidance issued last year by the Office of the Comptroller of the Currency (OCC), the scope of such relations has grown to include third parties beyond suppliers and vendors – such as JV partners, channel arrangements, debt buyers, correspondent banking relationships and more.
March 19, 2014 • Eddy O'Mara
Last week, Carrie Penman and I hosted the “Benchmarking Your Hotline: How Does Your Data Measure Up Against NAVEX Global’s 2014 Benchmarks?” webinar where we discussed top-level findings from NAVEX Global’s 2014 Hotline Benchmark Report. Our annual Hotline Benchmarking Report helps organizations gage how their own reports compare to the findings from the largest database of hotline reports in the world. Some of the key findings from the 2014 report, which we discussed in depth on the webinar, were: