One way to view compliance policies is grouping them into mandatory and voluntary policies. Mandatory are those dictated by law. Voluntary are those the organization has imposed to futher business objectives and manage risk. Thanks to Carole Switzer, President of OCEG for this perspective. Read more »
Morrison and Foerster Privacy Library
Morrison & Foerster has put together a Privacy Library with links to the relevant statutes and regulations. The library include each sate in the U.S., along with other countries and multilateral organizations. The firm has also launched Summit Privacy, a subscription service that provides a searchable privacy database of global privacy laws. Read more »
Six States Now Require Social Security Number Protection Policies
Miriam Wugmeister, Nathan D. Taylor of Morrison & Foerester wrote the December Privacy and Data Security Update: Six States Now Require Social Security Number Protection Policies. Connecticut – Ct. H.B. 5658. Massachusetts – 201 Mass. Code Regs. §§ 17.01 – 17.04. Michigan – Mich. Comp. Laws § 445.84. New Mexico – N.M. Stat. §§ 57-12B-2 … Read more »
Data Privacy Roundtable
Deloitte hosted an executive roundtable on Massachusetts Data Protection. The room was packed full of us trying to figure what to do with these regulations. Mark Schreiber of Edwards Angell Palmer & Dodge kicked things off with a look at the history of the regulation and the regulators view of the regulations. The regulators acknowledge … Read more »
Data on Bribe Demands in China
An anonymous online survey by TRACE International found that, of those business people visiting China who were asked for more than one bribe, almost 20 percent reported that they had been solicited more than 100 times. TRACE set up an online bribe-reporting system that allows people to file reports in different languages about bribe demands. … Read more »
Market Reaction to Adoption of IFRS in Europe
Christopher S. Armstrong, Mary E. Barth, Alan D. Jagolinzer, and Edward J. Riedl published Market Reaction to Adoption of IFRS in Europe (.pdf) This study examines the European stock market reaction to sixteen events associated with the adoption of International Financial Reporting Standards (IFRS) in Europe. European IFRS adoption represented a major milestone towards financial … Read more »
Researching the Federal Securities Law
The SEC has put together a collection of Researching the Federal Securities Laws Through the SEC Website. This guide provides an overview of how to research the securities law through the SEC website and is provided as a service to investors and members of the public. It is neither a legal interpretation nor a statement … Read more »
Managing Ethics and Compliance During a Recession
LRN hosted a webinar on Managing Ethics and Compliance During a Recession. The panel consisted of: Marjorie Doyle, Practice Leader, Solutions Management at LRN David Greenberg, Executive Vice President of Knowledge at LRN Debra Hennelly, President and Senior Adviser at Compliance & Ethics Solutions LLC Adam Turteltaub, VP of Membership Development at The Society of … Read more »
Ten Ways to Turn Your Holiday Party Into A Lawsuit
Shanti Atkins of ELT published The Top 10 Ways to Turn your Holiday Party into a Lawsuit: Number 10: Ask staff to work evenings or weekends arranging the party, but don’t pay them for the extra time because it’s not really “work.” Number 9: Insist on calling it a “Christmas party.” Number 8: Invite the … Read more »
General Counsel as the Chief Ethics and Compliance Officer
Over at the Society of Corporate Compliance and Ethics bulletin boards there was a great deal of discussion about whether the CECO should hold a concurrent role as general counsel or whether the positions should be split. Here are a collection of reasons: In some industries, including healthcare, the government has specifically stated that it … Read more »