All Compliance Week articles in Web Issue – Page 36
-
Premium
FCA calls attention to continued trade manipulation tactics
Financial firms continue to flout rules designed to protect investors from being misled about the true value of financial products, according to a recent bulletin from the U.K.’s Financial Conduct Authority.
-
Premium
Grewal: Investors care about ESG claims—so do SEC enforcers
Environmental, social, and governance issues are increasingly material to investors, and the Securities and Exchange Commission is checking to ensure businesses’ ESG statements are above board, according to the agency’s enforcement director.
-
Premium
FinCEN head touts compliance through enforcement approach
Andrea Gacki, head of the Financial Crimes Enforcement Network, said recent enforcement actions by the agency have addressed significant gaps in the U.S. anti-money laundering/countering the financing of terrorism regime and exposed specific risk factors, trends, and typologies.
-
Webcast
CPE Webcast: Orchestrating operational resilience in financial services
Join us for an in-depth discussion on proven strategies, advanced technologies, and industry best practices that form the bedrock of operational resilience.
-
News Brief
New European AML agency to be based in Germany
The European Union’s recently approved Anti-Money Laundering Authority will be based in Frankfurt, Germany, and begin operations in 2025.
-
News Brief
Walmart shares successes behind supplier emissions reduction initiative
Retail giant Walmart announced the completion of an initiative to reduce emissions in its supply chain six years earlier than its intended target.
-
News Brief
CFPB exercises power to supervise installment lender World Acceptance
Installment lender World Acceptance Corp. was the subject of the Consumer Financial Protection Bureau’s first use of a dormant legal provision allowing it to establish supervisory authority over more nonbank financial companies.
-
News Brief
FATF adds Kenya, Namibia to AML/CFT watchlist; UAE, Uganda removed
Kenya was one of two African countries included in the Financial Action Task Force’s latest update to its list of jurisdictions under increased monitoring for money laundering and terrorist financing, while the United Arab Emirates was among four countries removed.
-
Premium
Compliance’s role in managing challenges related to employee side hustles
Employees engaging in side businesses—part-time jobs or new company creations—can introduce a myriad of risks for a company.
-
Article
CW National 2024 preview: Diana Kelley on AI implications for compliance
Artificial intelligence expert Diana Kelley will discuss what AI means for organizations and explore the technology’s implications for compliance and enterprise risk as part of a keynote address at Compliance Week’s National Conference in Washington, D.C.
-
Blog
Nuveen Churchill Direct Lending appoints new compliance chief
Specialty finance company Nuveen Churchill Direct Lending announced the appointment of Charmagne Kukulka as chief compliance officer.
-
Blog
RE/MAX ups chief compliance officer to EVP
RE/MAX Holdings, a franchisor in the real estate industry, announced the promotion of Susie Winders from senior vice president, general counsel, chief compliance officer, and secretary to executive vice president, general counsel, chief compliance officer, and secretary.
-
Premium
DOJ official: Expect more cybersecurity false claim enforcements
The announcement of a record year in several areas of False Claims Act enforcement at the Department of Justice was accompanied by a warning that more significant cases are coming, particularly regarding cybersecurity-related claims.
-
Premium
Experts: No easy fix for U.K. senior manager accountability shortcomings
Legal experts generally agree the U.K.’s record for prosecuting board-level executives for financial and economic crime could be better. But some believe there is a problem criticizing poor enforcement when the legislation in place has its own shortcomings.
-
News Brief
Lloyds discloses FCA probe into AML controls
Lloyds is the latest U.K. financial institution being probed by the Financial Conduct Authority regarding its anti-money laundering control framework.
-
Blog
JetBlue names Icahn general counsel to board
JetBlue announced Jesse Lynn, general counsel of Icahn Enterprises, will join the airline’s board of directors.
-
Blog
HCA Healthcare promotes chief legal officer
HCA Healthcare announced Michael McAlevey, senior vice president and chief legal officer, will be promoted to executive vice president, chief legal and administrative officer.
-
Blog
Vail Resorts appoints general counsel
Ski resort Vail Resorts announced Julie DeCecco, its deputy general counsel and vice president, was appointed general counsel and executive vice president.
-
News Brief
Avast to pay $16.5M in FTC case over deceptive data selling
The Federal Trade Commission proposed Avast pay $16.5 million and be prohibited from selling any browser data to settle charges the software provider sold consumer information to third parties after promising it would not.
-
News Brief
DOJ appoints first chief AI officer
On the heels of a warning by the deputy attorney general that the agency will seek stiffer penalties in cases involving the misuse of artificial intelligence, the Department of Justice announced Jonathan Mayer as its first chief AI officer.