Articles | Compliance Week – Page 118
-
Article
London Stock Exchange adds ex-Deutsche exec as risk chief
The London Stock Exchange Group announced the addition of former Deutsche Bank executive Balbir Bakhshi as chief risk officer.
-
Article
Cox tabs general counsel
Cox Communications has promoted Joiava Philpott to senior vice president of law and policy and general counsel.
-
Article
VEON promotes group chief compliance officer
Netherlands-based communications provider VEON announced the promotion of Joop Brakenhoff to the newly established position of group chief internal audit & compliance officer.
-
Article
Santander Consumer USA appoints chief risk officer
Santander Consumer USA Holdings has named Ramamurthy Lakshmana Prasad as chief risk officer, succeeding Joshua Baer, who will serve as head of pricing and strategy.
-
Article
International Money Express adds CCO, general counsel
International Money Express, a money remittance services company, announced the appointment of Ernesto Luciano as the company’s new general counsel and chief compliance officer.
-
Article
Bombardier appoints general counsel
Canadian transportation manufacturer Bombardier announced the appointment of Annie Torkia Lagacé as senior vice president, general counsel and corporate secretary.
-
Article
COFCO International names chief risk officer
COFCO International, a global agriculture supply chain, has appointed Khaja Qureshi as chief risk officer.
-
ArticleCongress approves enhanced protections for antitrust whistleblowers
After four tries, Congress has finally passed a bill prohibiting employers from retaliating against whistleblowers who report violations of antitrust laws to the Department of Justice.
-
ArticleIntercontinental Exchange subsidiary fined $8M for inaccurate securities quotes
A New York-based subsidiary of the Intercontinental Exchange has agreed to pay $8 million as part of a settlement with the SEC for compliance deficiencies related to its provision of securities quotes to subscribers.
-
ArticleTen things I’d like to see happen in 2021 (2020 in review)
Many of the things I’d like to see in 2021 are directly related to regulatory changes we anticipate are coming under a Biden administration, but they’re mixed with a few lessons from the pandemic we hope carry into a post-COVID world.
-
ArticleCompanies should create ‘Ombuds’ function to meet EU whistleblower rules
The creation of an independent, competent “Ombuds” function could be used by companies to respond to certain key requirements in the EU’s Whistleblower Protection Directive.
-
Article
U.K. firm BlueCrest fined $170M for violating U.S. securities laws
U.K.-based investment fund BlueCrest Capital Management has agreed to pay $170 million as part of a settlement with the SEC for allegedly violating anti-fraud provisions of U.S. securities laws.
-
ArticlePaul Sarbanes, co-author of SOX accounting law, dies at 87
Paul Sarbanes, the five-term U.S. Senator whose landmark law, the 2002 Sarbanes-Oxley Act, required more transparency in corporate financial reporting, died Sunday at age 87.
-
ArticlePreparation, monitoring key to combating third-party cyber-security risk
A spate of recent cyber-security breaches occurring via third parties is a reminder of the importance for companies to stay on top of risk management. Regulators have shown to not take kindly to finger-pointing.
-
ArticleNorway’s DNB facing potential $45M AML fine
DNB ASA, Norway’s largest financial services group, is facing a potential fine of NOK 400 million (U.S. $45.4 million) for inadequate compliance with the Norwegian Anti-Money Laundering Act.
-
ArticleZoom & me: Silver linings of 2020
Turning the lens on Zoom reveals one possible highlight of 2020: a standout company that helped corporate America transition to remote work.
-
ArticleFive compliance triumphs from 2020
CW reveals its list of five compliance wins from the year, including Samsung for its honesty, Volkswagen for successfully wrapping up its monitorship, 3M for stellar ethics, and more.
-
ArticleEnergy trader Vitol to pay $164M in FCPA case
The U.S. affiliate of global energy and commodity trading company Vitol will pay approximately $164 million to settle charges of bribery, corruption, and manipulative and deceptive conduct levied by multiple regulators, including historic involvement by the CFTC.
-
ArticleBiden’s SEC set to require disclosure of ESG, climate change risk
The SEC under President-elect Joe Biden will push ESG and climate change-related risk alerts, guidance, and rulemaking that will likely require companies to disclose how these risks affect their bottom line.
-
Article
Ex-KPMG exec avoids prison in final cheating scandal sentencing
Former KPMG inspections leader Thomas Whittle was sentenced to two years of supervised release for his role in the Big Four firm’s cheating scandal that saw three of his colleagues and co-conspirators receive time behind bars.