Friday, April 7, 2017 │ 8:30 a.m. – 3:30 p.m. │Reception following
In the wake of several high-profile corporate scandals and government prosecutions, corporate compliance continues to grow in interest and importance to business organizations. Compliance professionals spend much of their time working to ensure that compliance programs are well-tailored to their firm and effective for management, employees, and customers. Compliance policies and procedures must be appropriately drafted, implemented, and enforced. But as the importance of corporate compliance grows, there is no consensus on what constitutes an effective compliance program.
The Second Annual Institute on Corporate Compliance will bring together practitioners, current or former government officials, and academics, who have differing perspectives on compliance. The Institute will include sessions on Department of Justice perspectives on corporate compliance programs, compliance education and training, and building a culture of compliance in a competitive business environment. Attendees will have the chance to discuss the practical realities of modern compliance with fellow compliance officers, attorneys, and other professionals.
For guests who want CLE credit: Please register at https://ipe.rutgers.edu/cci2017
8:30 – 9:00: Breakfast
9:00 – 9:15: Overview – Co-Dean Michael T. Cahill and Professor Arthur Laby
9:15 – 10:45: Department of Justice Perspectives on Corporate Compliance Programs
The Department of Justice has said that effective compliance programs are critical in prosecution decisions and form a key component of deferred prosecution agreements. This panel will discuss what the DOJ is looking for in a compliance program. What factors do prosecutors consider in determining whether a compliance program meets its standards for effectiveness? What sorts of procedures, programs, and reporting structures should a company employ to detect fraud or corruption? Speakers will discuss recent DOJ practices in interpreting the Federal Sentencing Guidelines, the “Yates Memo” on individual accountability of corporate officers, and other guidance from offices that investigate corporate wrongdoing.
Moderator: Paul Cellupica, Managing Director and General Counsel, Securities Law/Advocacy and Oversight Group, TIAA-CREF/Financial Services
Serina M. Vash
Executive Director, Program on Corporate Compliance and Enforcement, NYU School of Law, and formerly Chief, General Crimes Unit, United States Attorney’s Office for the District of New Jersey
Karen A. Popp
Partner, Global Co-Leader of the White Collar and Compliance Group, Sidley Austin LLP
Chief, Fraud Section, Criminal Division, Department of Justice
10:45 – 11:00: Break
11:00 – 12:30: Compliance Education and Training
This panel will discuss current issues and best practices in training employees in compliance and developing an educational program to help ensure that compliance is taken seriously. Regulations often require certain firms to adopt specific types of training programs and regulators routinely review training and educational materials. What types of training is effective – not only to satisfy regulatory requirements but to actually improve employee understanding and behavior, and to create a sense that compliance is taken seriously? What can businesses learn from recent research in organizational behavior and psychology? This panel will also consider effective training for privacy and security considerations for businesses that collect and store data.
Moderator: Todd Cipperman, Managing Principal, Cipperman Compliance Services (Cipperman & Company)
Associate Professor, Rutgers Business School
Senior Fellow, Consumer Federation of America, Formerly Assistant Director, Consumer Financial Protection Bureau
Martin T. Biegelman
Managing Director, Regulatory, Forensics & Compliance at Deloitte Financial Advisory Services LLP
12:30 – 1:00: Lunch
1:00-2:00 Featured Speaker: Paul Fishman, Former United States Attorney for the District of New Jersey
2:00 – 3:30: Building a Culture of Compliance in a Competitive Business Environment
This panel will focus on firm culture, and especially on how competitive pressures shape culture. Compliance is meant to be a business partner, and part of firm strategy meetings and broader discussions of appropriate levels of risk-taking within a business. Panelists will discuss whether this is a realistic goal. Do businesses generally see compliance as an impediment to performance? If so, is that view accurate?
Moderator: Jordan Savitch, Former Senior Vice President and General Counsel, Penn National Gaming Inc.
Vice President, Chief Risk and Compliance Officer, FTI Consulting, and Chairman, Board of Directors, Ethics and Compliance Officer Association
Jane A. Levine
Chief Global Compliance Counsel, Head of Government and Regulatory Affairs | Sotheby’s
M. Todd Henderson
Michael J. Marks Professor of Law and Mark Claster Mamolen Research Scholar, University of Chicago Law School
3:30 – 5:00: Reception