All Compliance Week articles in Web Issue – Page 1325
-
ArticleRaymond James unit fined $500K for supervisory failures
A broker-dealer unit of Raymond James Financial agreed to pay $500,000 as part of a settlement with the Securities and Exchange Commission for alleged supervisory failures that included the input of a misinformed compliance officer.
-
Article
JBS names global chief sustainability officer
JBS, the world’s largest meat processing company, announced the appointment of Jason Weller as its first global chief sustainability officer.
-
Article
PwC appoints global ESG leader
Big Four audit firm PwC announced the appointment of Will Jackson-Moore as global environmental, social, and governance (ESG) leader.
-
Article
Standard Chartered recruits chief risk officer from Societe Generale
U.K. bank Standard Chartered announced the appointment of Sadia Ricke as group chief risk officer, effective Feb. 1, 2023.
-
ArticleBoeing fined $200M for material misstatements on fatal plane crashes
Boeing agreed to pay $200 million to settle charges laid by the Securities and Exchange Commission that it misled investors regarding what caused two crashes of 737 MAX airplanes in 2018 and 2019 that killed 346 people.
-
ArticleSurvey: Performance incentives drive general counsel compensation rise
Compensation among general counsel at some of the nation’s top corporations increased about 8.1 percent in 2021, compared to 2020 levels, according to the latest annual benchmarking report from Equilar.
-
Article
Snap recruits chief compliance officer from Peloton
Social media company Snap filled its vacant chief compliance officer post last month by hiring former Peloton Head of Compliance and Risk Lance Lanciault, a Snap spokesperson confirmed.
-
Article
Binance recruits head of compliance from Kraken
Cryptocurrency exchange Binance bolstered its compliance team by adding Kraken’s Steven Christie as senior vice president of compliance, a Binance spokeswoman confirmed.
-
PremiumESG experts see shades of conflict minerals for SEC climate disclosure rule
The climate-related disclosure rule proposed by the Securities and Exchange Commission will eventually pass but not before undergoing some changes, practitioners speaking at CW’s virtual ESG Summit predicted.
-
ArticleFormer EY director to pay $24K for insider trading
Michael Weiss, a former Ernst & Young business development director, agreed to pay $23,900 to settle charges levied by the Securities and Exchange Commission he engaged in insider trading.
-
Article
Ryan Specialty adds first chief risk officer
International insurance firm Ryan Specialty Holdings announced the addition of Waleed Husain as its first chief risk officer.
-
Article
CoinSmart names chief compliance officer
Canada-based crypto asset trading platform CoinSmart Financial announced the appointment of Sheereen Khan as chief compliance officer.
-
Article
Kettering Health appoints chief compliance officer
Nonprofit medical center network Kettering Health announced the appointment of Audrey Adams Mondock as chief compliance officer and vice president of corporate integrity and ethics.
-
Article
Brite Payments tabs director of compliance
Sweden-based fintech Brite Payments announced the appointment of Lisa Edström as director of compliance.
-
Article
Lighthouse Guild adds chief compliance officer
Lighthouse Guild, a provider of medical assistance and social support to people who are blind or visually impaired, announced the appointment of Nicole Hart as general counsel and chief compliance officer.
-
ArticleTikTok facing $29M fine over U.K. children’s privacy violations
The Information Commissioner’s Office warned social media platform TikTok it could be fined £27 million (U.S. $29 million) for failing to protect children’s data in line with the U.K.’s version of the General Data Protection Regulation.
-
ArticleFriedman to pay $1.5M for missed red flags in 2 audits
Accounting firm Friedman will pay more than $1.5 million to settle charges it failed to comply with the standards of the Public Company Accounting Oversight Board while auditing two companies.
-
ArticleCompass Minerals fined $12M for disclosure control lapses
Compass Minerals International, a Kansas-based mining company, agreed to pay a $12 million fine to the Securities and Exchange Commission to resolve allegations deficiencies in its disclosure controls led to failures at facilities it operates in Canada and Brazil.
-
ArticleDeutsche Bank agrees to settle Jeffrey Epstein-related class action for $26.3M
Deutsche Bank agreed to pay $26.25 million to settle a class-action lawsuit filed by a group of the bank’s investors over anti-money laundering compliance failures and deficiencies related to certain clients, including Jeffrey Epstein and Danske Bank’s Estonia branch.
-
ArticleFlorida business settles landmark FCA whistleblower case involving PPP loan
A Florida-based investment fund will pay approximately $22,000 as part of a settlement resolving the first False Claims Act whistleblower case involving a Paycheck Protection Program loan in which the United States intervened.