Compliance and Enforcement for Organizations Posts

WSJ on Justice Department’s Need for a Compliance Expert

An article published in The Wall Street Journal reflects on the potential need for the Department of Justice to employ a full-time compliance expert, particularly in light of complications arising from the COVID-19 crisis.

Another Look at Third-Party Management: Why We’re Missing 31% of Material Risks

Privacy regulators increasingly are prescribing rules around third-party vendor and data processing management. As of March 1, 2019, for instance, New York’s Department of Financial Services (NYDFS) requires that Covered Entities establish policies and procedures for assessing the risks posed by vendors, determining minimum cybersecurity and privacy practices, conducting due diligence, and following up with periodic assessments.

DOJ Announces Procurement Collusion Strike Force

On Nov. 5, the U.S. Department of Justice issued a press release announcing the formation of the new Procurement Collusion Strike Force (PCSF) focusing on deterring, detecting, investigating and prosecuting antitrust crimes.