Friday, April 13, 2018 │ 8:30 a.m. – 3:45 p.m., Reception following
Rutgers Law School │ 217 North Fifth Street | Camden, NJ 08102
An effective corporate compliance program integrates many aspects of a firm’s compliance efforts. These efforts include complying with governmental laws and regulations, compliance with internal rules and procedures, and developing a culture that values compliance in the organization. An important part of the compliance function is to ensure that various areas in an organization work together to maintain high standards and prevent failures and disasters that can cause harm both inside and outside of the firm.
This year’s Institute will again feature practitioners, current and former government officials, and business and legal scholars, who have broad and deep background and experience in corporate compliance. This year’s program will include expert panels on sexual harassment in the workplace, the intersection of compliance and risk management, and the use of data analytics to improve the compliance function. Attendees will have the chance to discuss their own experiences with other compliance officers, lawyers, academics, and other professionals.
Detailed descriptions below.
CLE Provided by Rutgers Institute for Professional Education. NJ: 6.6 incl. 1.5 ethics | NY: 6.5 incl. 1.5 ethics | PA: 5.5 incl. 1.0 ethics. Registration Fee: $150 Register at rutgerscle.com
Free for guests who do not want CLE. Register at events.camden.rutgers.edu/cclg
If you have questions, please contact Carol Shaner firstname.lastname@example.org.
9:00–9:15 Welcome & Introduction
9:15–10:30 Sexual Harassment in the Workplace
With sexual harassment issues dominating the news, this panel will consider effective sexual harassment policies in the context of a company’s overall compliance efforts. The panel will discuss the extent to which sexual harassment presents a compliance issue, as opposed to an HR issue. It will also discuss whether corporate structures that typically segregate harassment as a HR issue rather than as a compliance or ethics issue, may have created an ineffectual reporting system or other negative incentives. The panel will focus on developing an appropriate ethical culture that reduces harassment in the workplace. The speakers will discuss the role that corporate culture plays in reducing the likelihood of harassment and in encouraging reporting and whistleblowing when inappropriate conduct has occurred. They will also address how firms develop ethical cultures that discourage misconduct, and whether strategies exist to change attitudes to encourage bystanders to intervene appropriately rather than avoiding or trivializing the issue.
Sarah M. Bachner | Duane Morris, LLP
Karen McDonough | EEOC, Philadelphia District Office
Eric W. Orts | The Wharton School
Moderator: Katie Eyer | Rutgers Law School
10:45–12:00 Use of Data Analytics to Improve the Compliance Function
A recent Harvard Business Review article puts it simply: “One of the main reasons that companies keep investing more and more in compliance is that they do not have the right measures and thus cannot tell what works and doesn’t work … Firms cannot design effective compliance programs without effective measurement tools.” Panelists will consider how the growing use of sophisticated data analytics techniques can improve a company’s compliance efforts. Panelists will tackle difficult questions concerning what goals or outputs a company should be attempting to measure, and what metrics are most useful in making such assessments. Panelists will discuss the growing practice of continuous auditing, which uses cutting edge data science to perform continual, ongoing risk assessment.
Michael Alles | Rutgers Business School
Patrick J. McGowan│United Technologies Corp.
Assunta Vivolo │ SEC Division of Enforcement │ Cyber Unit
12:30-1:30 Keynote Speaker: Jesse Eisinger, ProPublica
Pulitzer Prize winning reporter Jesse Eisinger will discuss his new book, The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives.
1:30 – 2:15 Behavioral Compliance
This session will provide an overview of “behavioral compliance” — the idea that compliance efforts should be better informed by the vast and growing literature in behavioral psychology. Findings from that field are often counterintuitive and undermine conventional wisdom, in ways that have important implications for compliance, ranging from how disclosure may change behavior to what training regimes and incentive structures are effective in encouraging compliance.
Sunita Sah │ Cornell Graduate School of Management
2:30 – 3:45 The Intersection of Compliance and Risk Management
This panel will focus on risk management, designing effective structures for compliance, and whistleblowing. Panelists will consider how the compliance function should integrate with the rest of the organization, and what can be done to encourage other parts of an organization to consider compliance as part of everyone’s role. Current structures frequently assign the evaluation of different risks to different divisions—cybersecurity to IT, government issues to a regulatory department, legal risks to the general counsel—but is this fragmentation effective? Moreover, compliance is often seen as at best a cost center, or at worst an impediment to business practice. Panelists will consider whether the design of a firm’s compliance structure can help it function as a partner in business decision-making, help it identify the variety of risks it faces, and help it identify how to manage and mitigate those risks. The panel will also consider the role of whistleblowers, how to measure the effectiveness of a firm’s whistleblowing hotline, and the incentive effects of a whistleblowing program on behavior and culture.
Lee J. Dobkin | University of Pennsylvania and Penn Medicine
Patrick W. Kelley | Formerly Office of Integrity and Compliance │FBI
Jennifer M. Pacella | City University of New York | Baruch College Zicklin School of Business
George A. Stamboulidis │BakerHostetler
Moderator: Nicholas Harbist | Blank Rome
3:45-4:45 Reception on the Clark Commons