Heard Around Town: Industry Event – The Future of Corporate Compliance
Event: The Future of Corporate Compliance
Host: Dow Jones
Speakers: Stephanie Davis, Thomas Kendris, Daniel Kahn
12 March 2019
This event focused on new ways to manage Third-Party relationships. The speakers emphasized that compliance officers and teams should not only be thinking about complying with regulatory requirements, but also think of themselves as guardians of a company’s reputation. Compliance teams should understand their company’s overall goals and work with the business to meet them.
- There is a new regulatory expectation to identify and mitigate future risks.
- Criminal conduct has evolved with technology and internal policies / procedures should also evolve to reflect these new trends in criminal behavior.
- Companies should also have a firm understanding of the methods their employees use to communicate beyond email and the risks associated with those methods.