Search

Editors

Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Dell (4)

Friday
Dec022016

Job: Global Ethics & Compliance Director (SecureWorks) (Dell Atlanta, GA)

Job Title: Global Ethics & Compliance Director (SecureWorks)

Employer: Dell

Location: Atlanta, Georgia USA

Click to read more ...

Friday
Jun242016

BELA Goes to Texas: Our Latest Forum on Corporate Ethics, Culture, Value and Performance

Our latest BELA Executive Ethics and Compliance forum was co-hosted by Dell. We gathered more than a dozen compliance executives from top-performing companies to talk about why culture, training and risk management should be part of an organization’s long-term sustainable business strategies.

Click to read more ...

Monday
Jun012015

Former compliance chief charged with fraud and money laundering

A two-count indictment unsealed Thursday in federal court in Brooklyn, New York charged William Quigley, the former chief compliance officer of a registered broker-dealer in Woodbury, New York, with wire fraud and money laundering conspiracies.

Click to read more ...

Thursday
May132010

The Future Is Here

Dell Inc.'s FCPA compliance program was in the news this week for the right reasons. The program was certified by the Open Compliance & Ethics Group. The OCEG helps companies think about compliance systems that can be embedded into the corporate fabric. It's a non-profit group supported by some big names: Dell, Microsoft, Deloitte, SAP, Visa, Ernst & Young, Thomson Reuters, Baker Hughes, and many more.

Individuals can become basic members for free (we did) or can upgrade to paid memberships with access to more information. Companies can buy memberships that cover their people as well.

OCEG's basic product is its Red Book 2.0, a 200-page pdf file that members can download from the site. OCEG said it worked with "a committee of hundreds of esteemed experts, including many in-house GRC professionals, external advisors and auditors, and academics" to develop Red Book 2.0. (GRC means governance, risk and compliance.)

At the center of the Red Book approach is the GRC Capability Model™. It's made up of couplets like Context & Culture, Monitor & Measure, Organize & Oversee, Respond & Resolve, and so on. In the pages that follow, each couplet is presented under the headings: principles, common causes of failure, guidelines and practices, key deliverables, and enabling technology components.

The OCEG speaks the language of modern global corporations -- so unless you're fluent in the lingua franca, the Red Book may take some getting used to. But there's valuable information inside and plenty of comfort for those who rely on systems tools and processes to think about problems and solutions. (Corporations today are almost unimaginably large and complex -- a hundred thousand employees, tens of thousands of suppliers, operations in 50 countries -- who can think about them without getting a little rattled? The Red Book is one way to deal with it.) While there's always a risk of mistaking the model for the real thing, there's also value in using different approaches to involve new people in compliance.

The OCEG said it created its certification program "to enable a company and its stakeholders to gain transparency into the steps the company has taken to establish a strong and effective approach to governance, risk management and compliance." Transparency we're not so sure about -- mainly because corporate-systems-speak isn't our native language -- but steps to compliance are certainly there.

As for Dell, the OCEG says the company received "not a point in time certification of FCPA compliance, [but] an acknowledgement that Dell has taken significant, proactive steps to design a program that will enhance its ability to appropriately prevent, detect and react to non-compliance."