- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2024-04-17T16:32:00
A lawmaker is calling on the Biden administration to investigate and ban Chinese e-commerce company Temu over forced labor and data privacy violation concerns.
In a letter to President Joe Biden on Monday, Sen. Tom Cotton (R-Ark.) described Temu as a “pipeline of dumped, counterfeit, and slave labor products from China that is also gathering massive quantities of Americans’ personal data.”
Temu packages have avoided Customs and Border Protection scrutiny by claiming the de minimis exemption, a loophole for shipments valued at $800 or less that can help those imports avoid being flagged for potential Uyghur Forced Labor Prevention Act (UFLPA) violations, according to Cotton.
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2024-04-26T17:40:00Z By Jeff Dale
TikTok is suspending new features amid an inquiry by the European Commission into its compliance with the Digital Services Act, all while responding to a U.S. ban just signed into law.
2024-04-08T17:05:00Z By Kyle Brasseur
The Department of Homeland Security announced a new strategy set to help close a loophole that allows certain textile-related shipments from China to enter the United States without scrutiny under the Uyghur Forced Labor Prevention Act.
2024-04-01T13:33:00Z By Aaron Nicodemus and Adrianne Appel
It’s been nearly two years since the Uyghur Forced Labor Prevention Act took effect, and as enforcement statistics and recent reports demonstrate, many businesses are still not adequately vetting their supply chains.
2025-03-10T20:56:00Z By Adrianne Appel
The public reported a 25 percent increase in losses–totaling more than $12.5 billion in 2024–to investment scams, tech rip-offs, and general fraud, according to an analysis by the Federal Trade Commission.
2025-01-08T17:13:00Z By Jeff Dale
Portuguese bank Novo Banco, S.A., fired Chief Risk Officer Carlos Jorge Ferreira Brandão “with just cause” after an internal probe discovered “suspicious financial transactions” in his sphere.
2024-12-30T14:57:00Z By Aaron Nicodemus
A prominent risk management firm has issued its predictions for the top five risks for business in 2025, along with guidance for how organizations should prepare and respond.
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