All Compliance Week articles in Web Issue – Page 206
-
Article
State Street to pay $115M for mutual fund overcharges
State Street will pay a $115 million criminal penalty and enter into a deferred prosecution agreement with the Department of Justice for mutual fund and expenses overcharges.
-
Article
German finance regulator orders N26 to improve AML controls
BaFin, Germany’s market regulator, has ordered mobile bank N26 to improve its anti-money laundering controls, taking the unusual move to appoint a “special commissioner” to monitor its progress.
-
Article
Updated DOJ guidance stresses need for data in compliance training
An expert panel at CW’s 2021 National Conference discussed the importance for companies to embrace behavioral analytics in their training programs to align with updates to the DOJ’s “Evaluation of Corporate Compliance Programs” guidance.
-
Article
Ericsson to pay Nokia $97M to settle FCPA-related damages claim
Swedish telecom giant Ericsson has reached a settlement of €80 million (U.S. $97 million) with Nokia relating to events that were the subject of a 2019 FCPA resolution with U.S. authorities.
-
Article
Combating terrorist financing: Coordination and the ‘human element’
Fundamental differences in ideology and motivation differentiate a terrorist from organized criminal groups. However, a debate rages over the connection between transnational organized crime and terrorist financing.
-
Article
SEC fines broker-dealer $1.5M for SARs filing failures
GWFS Equities will pay $1.5 million as part of a settlement with the SEC for lapses in the filing of suspicious activity reports related to the threat of cyber-breaches.
-
Article
Compliance Week 2021: Day 2 live blog
Check out some of the insights shared and key moments from Day 2 of our 16th annual National Conference.
-
Article
SEC awards $22M to two whistleblowers in contentious case
Two whistleblowers sought to undermine each other in vying for the majority of a $22 million award issued by the SEC regarding malfeasance reported at a financial services firm.
-
Video
EIC2021 CCO of the Year: Justin Ross
Justin Ross shares how FedEx handled PPE and vaccine distribution globally and more COVID-19 challenges upon being named CCO of the Year at CW’s 2021 Excellence in Compliance Awards.
-
Video
EIC2021 Compliance Program of the Year: Tenneco
Kim Yapchai shares insight into Tenneco’s core values and how the company promoted integrity during the COVID-19 pandemic upon accepting Compliance Program of the Year honors at CW’s 2021 Excellence in Compliance Awards.
-
Video
EIC2021 Lifetime Achievement in Compliance: Emmanuel Lulin
Emmanuel Lulin shares how he transformed L’Oréal’s E&C program as chief ethics officer and the hardest lesson he learned during his storied career upon being honored for Lifetime Achievement at CW’s 2021 Excellence in Compliance Awards.
-
Video
EIC2021 Rising Star in Compliance: Jennifer Newton
Jennifer Newton, founder of the National Association of Black Compliance & Risk Management Professionals, shares her advice for advancing social change and more upon being named Rising Star in Compliance at CW’s 2021 Excellence in Compliance Awards.
-
Video
EIC2021 Compliance Innovator of the Year: Sarah Partington
Sarah Partington shares how she keeps a fresh and positive approach to her job as senior compliance officer at The MetroHealth System upon being named Compliance Innovator of the Year at CW’s 2021 Excellence in Compliance Awards.
-
Video
EIC2021 Compliance Mentor of the Year: Ellen Hunt
Ellen Hunt, VP of compliance operations at LifePoint Health, explains her approach to advising others and what encouragement she would give to future compliance officers upon being named Compliance Mentor of the Year at CW’s 2021 Excellence in Compliance Awards.
-
Video
EIC2021 Compliance Consultant of the Year: VANTAGE
Zachary Rothstein of Control Risks explains how the company’s TPRM solution VANTAGE helped with clients’ due diligence efforts amid the COVID-19 pandemic upon accepting Compliance Consultant/Advisor of the Year honors at CW’s 2021 Excellence in Compliance Awards.
-
Article
Compliance Week 2021: Day 1 live blog
Check out some of the insights shared and key moments from Day 1 of our 16th annual National Conference.
-
Article
DOJ joins SFO in corruption probe of Bombardier
The U.S. Department of Justice has joined the U.K. Serious Fraud Office in an ongoing investigation into plane maker Bombardier over suspected bribery and corruption relating to contracts and orders from airline carrier Garuda Indonesia.
-
Article
EU Whistleblowing Directive a ‘potential minefield’ for compliance
An EU directive designed to harmonize whistleblower protections could produce complexity as lawyers warn there are likely to be wide variations in the level of security each country’s national law will offer.
-
Article
DOJ closes FCPA investigation into Pactiv Evergreen
Pactiv Evergreen said it will not face an enforcement action by the Department of Justice, following an internal investigation launched last year into potential violations of the Foreign Corrupt Practices Act.
-
Article
Michael Hsu named acting OCC head
Michael Hsu, a regulator at the Federal Reserve, has been named acting comptroller of the currency by U.S. Treasury Secretary Janet Yellen.