Virginia Commonwealth University

Make it real.


Summer 2017

Real World: Ethics and Compliance

The Compass is pleased to bring you ethics and compliance news from around the world. Here we will highlight ethics and compliance failures and successes that serve as reminders to make ethical decisions and to promote a civil and professional teaching, learning and working environment at VCU.

 

VA Becomes the First Federal Agency to Publicly Post All Major Disciplinary Actions

“The Veterans Affairs Department has begun publicly posting all major disciplinary actions taken against its employees. . .The postings are the first of its kind in the federal government, VA Secretary David Shulkin said . . . Shulkin has championed reforms aimed at hastening the disciplinary process throughout his tenure and the announcement comes just weeks after President Trump signed a law with bipartisan backing to ease the firing and suspensions of VA employees.”

Volkswagen CEO Says Enforcing Culture Change Poses Challenges

“Volkswagen’s top executive said some managers are resisting the German carmaker’s push for a new era of accountability after its emissions fraud, suggesting it could still take years to establish a new corporate culture.

The drive by the world’s largest automaker to become more transparent and decentralise power is seen by investors as a key part of its campaign to regain trust following its admission in September 2015 that it cheated on U.S. diesel emissions tests.”

At Wells Fargo, Crushing Pressure and Lax Oversight Produced a Scandal

“The red flags were all there, waiting for somebody to stitch them together. . .  In the end, what doomed Wells Fargo was a predictably toxic mix: A combination of aggressive sales goals and lax executive oversight “coalesced and failed dramatically,” the board concluded.”

Feds Accuse Private Michigan Jewish Institute College of Grant Fraud

“A private Jewish Michigan college committed fraud over the past decade, leading to millions of federal dollars being sent to the West Bloomfield school to pay for the education of students who weren’t enrolled there, according to the federal Department of Education.”

 


 

Please contact Ashley Green at  agreene@vcu.edu or 828-2801 with questions or comments about this article.