All Compliance Week articles in Web Issue – Page 194
-
Article
Experts: Gary Gensler and the SEC are coming after cryptocurrencies
Many in the cryptocurrency space would prefer Gary Gensler and the SEC leave the sector to function without much regulation, but experts predict he’ll take a heavy-handed approach.
-
Article
Benchmark report explores roadblocks for leadership commitment to compliance
Most risk and compliance professionals feel their senior leaders and managers demonstrate a commitment to their programs overall, but only on a conditional basis, according to the latest NAVEX Global benchmark report.
-
Article
David Last named permanent head of DOJ’s FCPA Unit
The Department of Justice has named David Last to be the permanent chief of its Foreign Corrupt Practices Act Unit, following his being appointed acting head in April.
-
Article
Resource demand to enforce GDPR weighing heavy on EU authorities
A new report from the European Data Protection Board has found an overwhelming majority of data protection authorities believe they are under-resourced to deal with the demands of the General Data Protection Regulation.
-
Article
ICA roundtable: Five tips for filing more effective SARs
A recent roundtable explored the anxieties compliance officers face in filing suspicious activity reports and offered advice for overcoming such difficulties.
-
Article
Citgo appoints new general counsel
Citgo Petroleum Corp. announced the appointment of Mark Holstein as general counsel.
-
Article
Frost Bank adds general counsel
Texas-based Frost Bank has added C.E. Rhodes to its executive team as group executive vice president, general counsel and corporate secretary.
-
Article
Compensation report shows CCOs rewarded for pandemic work
Public-sector chief compliance officers in healthcare and life sciences made more than half a million dollars in total compensation in 2020, part of a wave of annual salary increases across the board represented in the latest compensation survey by BarkerGilmore.
-
Resource
White paper: AML Compliance Guide
Read this AML Compliance Guide to learn the five ways you can modernize your AML program to meet regulatory requirements and protect your institution and its customers from financial crime.
-
Sponsored
Women in Enterprise Risk Webinar: Register Now
How is life for women in risk, and have they been disproportionately impacted by the global pandemic? Hear from this panel of female risk leaders as they share their most poignant risk management experiences and discuss some of the emerging risks facing global organisations.
-
Article
Marathon Asset Management CCO assumes chief legal officer duties
Global investment management firm Marathon Asset Management announced several changes in leadership, including the addition of chief legal officer duties to the responsibilities of its chief compliance officer.
-
Article
Employee monitoring proving hot target for GDPR enforcement
Recent fines in Italy against two food delivery companies for violating the privacy of their drivers should act as a warning that employee surveillance can prove to be a major breach of the General Data Protection Regulation.
-
Article
Westpac warned over continued AML failings
The Reserve Bank of New Zealand issued a formal warning to Westpac’s New Zealand branch for failing to report certain transactions as required under local anti-money laundering regulations.
-
Article
Crypto platform BitMEX to pay $100M for registration, AML violations
Cryptocurrency platform BitMEX has agreed to pay $100 million as part of a settlement with the CFTC and FinCEN for multiple violations of the Bank Secrecy Act and other anti-money laundering laws.
-
Article
LRN survey: E&C programs thrive when boards are engaged
The more boards are engaged in measures of ethics and compliance, the more positive an impact on corporate culture, leadership, and business decisions, a new report from LRN finds.
-
Article
Pactiv Evergreen nearing clearance from SEC in FCPA probe
Pactiv Evergreen said it has received indication from the SEC it will not face enforcement following an internal investigation launched last year into potential violations of the Foreign Corrupt Practices Act.
-
Article
SEC approval of Nasdaq board diversity proposal adds to nationwide momentum
The SEC approved rule changes proposed by Nasdaq that will put in place a new board diversity mandate and further require companies listed on Nasdaq’s U.S. exchange to make public disclosures regarding the composition of their boards.
-
Article
What factors are driving change in your corporate investigations process?
A recent survey from Compliance Week and OpenText reveals while investigations and data volumes are on the rise, machine learning combined with external expertise may give companies the upper hand in accelerating response and results.
-
Article
FinTech firm Plaid settles privacy lawsuit at $58M
Plaid has reached a $58 million settlement with a group of customers who claimed the FinTech company sold their bank transaction histories to third parties without their consent.
-
Article
Ex-Domino’s accountant settles insider trading charges
A former accountant at pizza chain Domino’s has agreed to pay $68,360 to settle charges of insider trading brought by the Securities and Exchange Commission.