Author at The ALI Adviser

Principles of the Law, Compliance and Enforcement for Organizations Is Approved

by Claire A. Hill | May 18, 2021 | Compliance and Enforcement for Organizations

At the 2021 Annual Meeting, members of The American Law Institute voted to approve Tentative Draft No. 2 of Principles of the Law, Compliance and Enforcement for Organizations. The vote marks the completion of this project.

The Nature of Compliance Risk and Compliance Risk Management

by Claire A. Hill | May 6, 2021 | Compliance and Enforcement for Organizations

Principles of the Law, Compliance and Enforcement for Organizations, Tentative Draft No. 2 (TD2) will be presented to ALI membership at the 2021 ALI virtual Annual Meeting. The below Introductory Note and black letter is excerpted from this draft, which contains § 4.01. Nature of Compliance Risk and Compliance Risk Management.

The Role of the Board of Directors and Executive Management in Promoting an Organizational Culture of Compliance and Risk Management

by Claire A. Hill | Apr 24, 2019 | Compliance and Enforcement for Organizations

The following entry is excerpted from the Black Letter of Tentative Draft No. 1, § 3.07 The Role of the Board of Directors and Executive Management in Promoting an Organizational Culture of Compliance and Risk Management.

Qualifications of Primary Governance Actors for Compliance and Risk Management

by Claire A. Hill | Apr 10, 2019 | Compliance and Enforcement for Organizations

The following entry is excerpted from the Black Letter and Comments of Tentative Draft No. 1; Section 3.06 Qualifications of Primary Governance Actors for Compliance and Risk Management.

A Personality Theory of Sophisticated Investor Decision-Making (In the 2008 Financial Crisis), with Some Policy Implications

by Claire A. Hill | Jul 27, 2017 | Compliance and Enforcement for Organizations

This paper argues that a nuanced view of sophisticated investors, as well as sellers and structurers of financial instruments, articulated within a rationality paradigm, has implications for financial regulation.