The Corporate Director Podcast
Compliance risks: The board perspective
Apr 2, 2025
Kristy Grant-Hart, Vice President at Spark Compliance and former FCPA defense attorney, shares her expertise on critical compliance risks today. She dives into alarming issues like modern slavery and the ever-complex landscape of AI regulations. Kristy emphasizes the need for comprehensive training to curb bribery and corruption, especially in supply chains. Additionally, she advocates for the often-overlooked role of Chief Compliance Officers in board meetings, highlighting their value in risk management and strategic communication.
22:01
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Quick takeaways
- Companies must adapt to rapidly evolving compliance risks, particularly in modern slavery and AI regulations, to avoid substantial penalties.
- Chief Compliance Officers should enhance their influence by aligning compliance strategies with business objectives and effectively communicating forward-looking risks to the board.
Deep dives
The Importance of Secure Communication in Leadership
Leaders in government and corporate environments are increasingly reliant on secure communication tools amid concerns over data privacy and potential espionage. The discussion highlights how widely used apps may not provide the necessary security for sensitive discussions and how important it is for leaders to choose purpose-built solutions like Diligent Messenger for secure messaging. There’s a growing recognition that improper handling of confidential information can lead to dire consequences, spurring the need for greater awareness and training regarding secure communication methods. As the environment becomes more complex, organizations must prioritize the selection of robust communication platforms to safeguard their operations.
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