Items Tagged with 'Code of Conduct'

While it’s true that ethics and conduct are matters under the control of humans, financial companies and other entities also have ethical responsibilities, typically enshrined into a corporate code of conduct. When corporate principles aren’t adhered to, and unethical behavior becomes the norm, disaster can ensue.

Eighty-one percent of compliance officers have increased apprehension when it comes to their personal liability in situations of corporate misconduct, according to a new survey released by lawfirm DLA Piper. This uneasy adjustment stems from shifts in tone from Washington, DC, including the appointment of Hui Chen as the Justice Department’s first compliance counsel, and the release of the Yates Memo outlining a plan to prosecute individual corporate employees and incentivize reforms, according to the 2016 Compliance Risk Report: CCOs Under Scrutiny. 

Now is not the time to introduce professionalism standards into the rapidly changing and diverse field of cyber security, especially given the current staffing shortages in the field, according to a new report by the National Research Council of the National Academy of Sciences.

BP is not only a major global energy supplier; its roots run deeper in the United States than anywhere else in the world.