Compliance &Ethics - Society of Corporate Compliance and Ethics

More documents

Recommendations

Info

THE PREMIER SOCIAL NETWORKfor compliance and ethics professionals®Why should you log on to SCCEnet ?• Get your questions answered in the communitydiscussion groups• Download compliance documents from our communitylibraries, or share your own• Stay informed on the latest compliance and ethicsnews and guidanceHow do I get started?• Visit SCCEnet at www.corporatecompliance.org/SCCEnet• Login using your SCCE username and password• Add a profile photo and ensure your profile informationis accurate• Go to My Subscriptions and subscribe to the groupsthat pertain to your compliance profession• Click Post to post a discussionPopular communities include:• Multi-Industry Chief Compliance Ethics Officers• Multi-Industry Auditing and Monitoring Compliance• Multi-Industry Ethics• Multi-Industry Global Compliance and Ethics• FCPA• Social Media ComplianceIf you have any questions about SCCEnet, contact Eric Newman, Esq., CCEPat +1 952 405 7938 or eric.newman@corporatecompliance.org
Featureby Steve CarrMind the gap!Where corporate policyand social media meet»»Social media offers opportunities for broader, timely communication in a fashion people appreciate more than staticPDF or email formats.»»The gap between liability concerns and potential benefits of adopting social media can often be bridged with policy andcompany-wide planning.»»New online tools to manage and archive social media, emails, and other electronic communications are widely availableand inexpensive.»»Each organization should view social media in its regulatory context, including Reg FD for publicly held US companies,the Dodd-Frank Act, Sarbanes Oxley, Solvency II, and Basel III.»»Properly adopted, social media offers the opportunity to improve compliance and corporate governance practices and evenmaintain or reduce costs.CarrPerched on the kitchen shelf where wekeep our coffee cups is a treasuredmemento from a family trip to London,a glass mug bearing the circular red and bluelogo of the London Underground and themotto “Mind the Gap!” It reminds us of theanonymous female voice that echoesthroughout the Tube and urges travelersto be aware of the treacherousspace between the station floor andthe train car. The gap presents us withdanger, but crossing it safely opens upnew opportunities for a savvy traveler.So it is with social media. Thetwo-way nature of interactive dataand communications is the most attractivefeature to users and the most vexing fromthe compliance and corporate governancestandpoint. For example, many publicly heldcompanies might be surprised to learn theyare already participating in social media,whether they know it or not, or want to ornot. A landmark date in the history of socialmedia was December 17, 2008, the day theSecurities & Exchange Commission made theuse of interactive data, the eXtensible BusinessReporting Language (XBRL), mandatory forUS public companies over a phase-in period.From a regulatory standpoint, the use ofsocial media in the form of interactive dataand information—financial material that canbe tagged, modeled, and managed by thirdparties—has been already mandated for UScompanies.One way to define the term “social media”is that it encompasses new ways in whichnew media technologies can help people communicatebetter and engage in dialogue. Newdigital technologies are constantly enhancingthe social and shared aspect of the Internet,so that it continues to become more of atwo-way system. Many organizations wantto take advantage of this in reaching theirstakeholders, who may be investors, donors,Compliance & Ethics Professional May/June 2013+1 952 933 4977 or 888 277 4977 www.corporatecompliance.org 41
Page 7 and 8: NewsRegulatory NewsSupreme Court de
Page 9 and 10: SCCE NewsSCCE conference News12 th
Page 11 and 12: SCCE NewsNewsContact Eric Newman at
Page 13 and 14: Help Keep YourCompliance ProgramFul
Page 15 and 16: Featurequickly grasp the requiremen
Page 17 and 18: Featureinternal or external to the
Page 19 and 20: Michigan··Lisa Aragon, ITC Holdin
Page 21 and 22: ANY TIME.ANYWHERE.ANY MATTEROF RISK
Page 23 and 24: Boehme of Contentionby Donna Boehme
Page 25 and 26: Featureby Mark DiamondSeven strateg
Page 27 and 28: Featurehoarding is an information g
Page 29 and 30: Feature··Programatically control
Page 31 and 32: The Art of Complianceby Art Weiss,
Page 33 and 34: Featureby C. J. Rathbun, CCEP, FLMI
Page 35 and 36: Featureinclude the protocols you ne
Page 37 and 38: Featurecompliance audits are alread
Page 39: Empirically Speakingby Leslie Altiz
Page 43 and 44: Featurecontinue to grow as the pace
Page 45 and 46: View from the Front Linesby Meric C
Page 47 and 48: Featureby Scott Stetson, Esq.Politi
Page 49 and 50: Kaplan’s Courtby Jeffrey M. Kapla
Page 51 and 52: Become a CertifiedCompliance & Ethi
Page 53 and 54: that kind of volunteering is all ri
Page 55 and 56: y Frank J. NavranYou can’t cure s
Page 57 and 58: groups. If they are being done “i
Page 59 and 60: ··What are the barriers to succes
Page 61 and 62: high ethical standards and practice
Page 63 and 64: about to become a headline? And, gi
Page 65 and 66: For the past 35 years, my experienc
Page 67 and 68: www.corporatecompliance.orgprofessi
Page 69 and 70: y Cris Mattoon, JD, CCEPAn invitati
Page 71 and 72: y Peter FazioConflict of interest:I
Page 73 and 74: additional internal controls to ens
Page 75 and 76: Heading off potential gray area hea
Page 77 and 78: sTakeawaysMay/June 2013Compliance &
Page 79 and 80: Get expert guidance with:The Comple

Compliance &Ethics - Society of Corporate Compliance and Ethics

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?