Risk & Compliance Matters

May is Internal Audit Awareness Month - a time to acknowledge the benefit internal auditors have amid the dramatic rise in cyber risks, data breaches, and high-profile incidents of corporate wrongdoing. Here’s to internal auditors, risk management’s critical third line of defense.

With whistleblowing regulation on the rise globally, and a new age of accountability and transparency converging with flexible working trends, more executives are asking about best practices for whistleblowing. This was the background to a webinar hosted by WhistleB’s parent company, NAVEX, and which also featured WhistleB’s Jan Stappers.

With the new EU Whistleblower Protection Directive looming large, building employee trust will be crucial to successful reporting programs. To build a strong program and “speak-up” culture, you’ll need these three pillars of trust: awareness, confidence and responsiveness.

The EU has introduced new legislation to ensure that importers of certain materials originating from conflict-affected and high-risk areas source them responsibly by laying down supply chain due diligence obligations.

In 2021, whistleblowers will come into their own in ways previously unseen. Learn how the EU Whistleblower Law will elevate the status of the whistleblower, increase the role organizations play in bringing unethical behavior to light, and drive standardization and professionalism.

Businesses will continue to grapple with hard decisions this year: Whether to require employees to be vaccinated, how to deal with increased mental health concerns, and whether to return to the office at all. Use these four steps to get ahead of these issues.

Over the past year, employers have largely answered the call to re-examine their pursuit of diversity, equity, and inclusion. As a result, we can expect companies to take a more comprehensive approach to DEI, with increased transparency, collaboration, and accountability.

Germany’s “Law to Strengthen Business Integrity” regulates the criminal liability of companies under German law for the first time. The role of compliance management systems will prove crucial. Learn what the law is, what it means for affected companies, and what actions they should be taking now.

A risk-based approach is not new: Identify the greatest risks to your organization and prioritize the related controls, policies, and procedures. This is familiar territory for risk managers, but it may not be for compliance professionals. So, what does this phrase really mean in practice and how can compliance officers conduct risk assessments to identify, quantify and respond to risk?