Your Quarterly Source for Ethics and Compliance News	A product of
	In This Issue: Issue No. 2Q 2010 INSIGHTS: On Leadership NEWSLINE: Top 10 Challenges Facing Ethics & Compliance Execs. CPE SPOTLIGHT: Fraud: The Consequences of Inattention to Ethics BOOK PICK: Challenges in Implementing Corporate Governance  Insights On Leadership Taken from the book, Business Ethics: A Case Study Approach By Stephen K. Henn If you lead on the people with correctness, who will dare not to be correct? – Confucius. There is no more important component to your organization than its leadership. The senior leaders—such as the board, CEO, president, and executive management—form the foundation of everything that happens in an organization.  In the News Top 10 Challenges Facing Ethics & Compliance Executives Ethical Corporation recently asked ethics & compliance experts what they see as the biggest challenge in their line of work. In the run up to the 3rd Global Anti-Corruption Summit, ethics & compliance executives from a cross-section of sectors were asked what they think 'the biggest challenge currently facing ethics & compliance professionals is'. Also in the News: U.S. Drilling Regulators Hired by Oil Companies Study Reflects High Financial Malfeasance Rates in Largest U.S. Corporations More Than Three-Quarters of Professionals Are Concerned with Risk of Procurement Fraud at Their Organizations Business Leaders Urged to Counter U.S. 'Trust Deficit'  CPE Spotlight NEW CPE FROM FMN ONLINE: Fraud: The Consequences of Inattention to Ethics Course #FMN874-FM It is a story that is, unfortunately, all too common: the downfall of a young adult who seemingly "had it all," including a significant income from his career as an investment executive. In an exclusive interview, ex-con Justin Paperny reveals how a financial crime – and an inattention to ethics – led him to prison and to ruin what should have been a sterling reputation. Take this course    Book Pick Challenges in Implementing Corporate Governance: Whose Business is it Anyway? By John Zinkin This new book on Challenges in Implementing Corporate Governance is a welcome addition for board members and senior management on how to improve corporate governance in the post-crisis period. This timely book will interest those wanting to improve corporate governance and risk management. It should also appeal to anyone curious about what caused banks to fail in a number of markets in recent times, and the values which led to this failure. In considering principles which are essential to good governance, ACCA recognizes that corporate governance evolves and improves over time. Buy this book