- 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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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.
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.
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.
A Bank of England report warned of private equity risk management deficiencies as interest rates remain stagnant, with international coordination important.
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Compliance has been “sleeping on” artificial intelligence, two panelists discussed at Compliance Week’s Women in Compliance Summit. The profession should be positioned to lead on AI governance at the business level.
