Explorations on the limitations of compliance to solve culture & conduct issues
Observations
Nov 13, 2024A recent Creditsafe survey of more than 200 US legal, accounting, supply chain, and consulting professionals found that 59% "always" compromise on compliance due to business pressure, and another 16% reported doing so “frequently.”
by Jonas Heese
Compendium
Jun 07, 2023I found myself noticing repeated market failures and persistent misconduct. Just think about the last couple of months — problems surfaced for FTX, the Silicon Valley Bank, and the Adani Group in India. Sometimes, these issues happen because of a few rogue employees, which raises questions of why management didn’t spot the problem beforehand or, in cases of systematic failure, why regulators didn’t spot the problem
Compendium
Jun 07, 2023
