All Compliance Week articles in Web Issue – Page 441
-
Blog
Ciena discloses FCPA probe
Telecommunications company Ciena disclosed in its latest annual report that it has initiated an internal investigation into potential violations of the Foreign Corrupt Practices Act and voluntarily notified U.S. authorities.
-
Blog
Australian Federal Police: New guidance for self-reporting foreign bribery
The Australian Federal Police and the Commonwealth Director of Public Prosecutions this month released new joint guidance to assist companies in self-reporting foreign bribery.
-
Blog
Italian judge: Shell and Eni must face trial on corruption charges
An Italian judge ruled last week that oil companies Royal Dutch Shell and Eni must face trial on corruption charges concerning a widespread bribery scheme to acquire oil exploration rights in Nigeria.
-
Blog
Associate director of SEC Enforcement Division leaving the agency
Gerald Hodgkins, an Associate Director of the Division of Enforcement at the Securities and Exchange Commission, will leave the agency at the end of this year for private practice, the agency announced.
-
Blog
SEC charges operators of $1.2B Ponzi Scheme
The Securities and Exchange Commission announced charges and an asset freeze against a group of unregistered funds and their owner who allegedly bilked thousands of retail investors in a $1.2 billion Ponzi scheme.
-
Blog
Transparency International launches anti-corruption principles for state-owned enterprises
Transparency International has published a new guide to encourage and help state-owned enterprises to implement best-practice anti-corruption programs based on the highest standards of integrity and transparency.
-
Blog
OXIAL GDPR EXPRESS brings compliance for financial services firms
Mid-market financial services firms can now benefit from a fast, intelligent, and effective solution to achieving GDPR compliance, thanks to the new GDPR EXPRESS from new generation GRC solution provider OXIAL.
-
Blog
AuditBoard and Lucidchart announce partnership
AuditBoard, an internal audit automation platform (formerly known as SOXHUB), and Lucidchart, a visual productivity platform, kicked off a partnership this month with the launch of a direct integration that enables AuditBoard users to easily view and update Lucidchart flowcharts within the AuditBoard application.
-
Blog
Anomali, Global Resilience Federation partnership brings actionable threat intelligence
Anomali, a threat intelligence solutions provider, has partnered with the Global Resilience Federation (GRF), an intelligence hub that enables global cyber and physical threat sharing. The partnership will enable real-time threat monitoring and analysis across multiple sectors.
-
Blog
D2 Legal Technology launches GDPR impact assessment service
D2 Legal Technology, a legal data consultancy, has launched a new solution and remediation service to help U.K. businesses achieve compliance with the EU General Data Protection Regulation and put in place data governance best practices.
-
Blog
Former Embraer sales executive pleads guilty to foreign bribery
A former sales executive of Brazilian-based aircraft manufacturer Embraer pleaded guilty last week in connection with a scheme to pay bribes to a high-level foreign government official in exchange for assistance in securing Embraer’s sale of aircraft to Saudi Arabia’s national oil company.
-
Blog
Swiss regulator: J.P. Morgan seriously breached AML regulations
The Swiss Financial Market Supervisory Authority, FINMA, concluded its enforcement proceedings against J.P. Morgan Chase, saying the bank "seriously breached" anti-money laundering regulations by failing to screen adequately transactions and business relationships booked in Switzerland associated with the Malaysian sovereign wealth fund 1MDB.
-
Blog
FINRA fines Raymond James $2M for flawed e-mail monitoring system
The Financial Industry Regulatory Authority has fined Raymond James Financial Services $2 million for failing to maintain reasonably designed supervisory systems and procedures for reviewing e-mail communications, serving as a warning to compliance officers to review FINRA's guidance concerning the review and supervision of electronic communications.
-
Blog
Keppel Offshore to pay $422M to resolve bribery case
Singapore-based Keppel Offshore & Marine and its wholly owned U.S. subsidiary will pay a combined $422 million criminal penalty to resolve charges with authorities in the United States, Brazil, and Singapore arising from a decade-long to pay millions of dollars in bribes to officials in Brazil.
-
Article
Senate approves SEC commissioners after one last look at their views
Robert Jackson, a Democrat, and Hester Peirce, a Republican, will fill two seats on the SEC that have remained vacant since 2015.
-
Article
Cyber-threats require rapid escalation from operations to executives
Everybody suffers a data breach, eventually. Here are some helpful tips to prepare an emergency response plan in advance.
-
Blog
Safeguarding HSBC against Zupta
HSBC’s new anti-money laundering (AML) and sanctions policies are due to be in place by the end of the year, but what form of compliance or enforcement will they take?
-
Article
A shot in the arm for franchises
The NLRB is turning back the clock when it comes to joint-employer status, overruling its 2015 decision related to Browning-Ferris Industries, which could make joint-employer rules less onerous.
-
Article
How board members can prepare for a #MeToo moment
The PwC 2017 Annual Corporate Directors Survey highlights some key risks and opportunities for how boards might survive their own Weinstein moment, should one ever arise.
-
Blog
SEC relieves year-end tax reform reporting crisis
With tax reform signed into law, the SEC has issued guidance explaining its expectations with respect to the related financial reporting requirements.