All Compliance Week articles in Web Issue – Page 84
-
Blog
Kaiser Permanente appoints chief compliance and privacy officer
Kaiser Permanente, the parent company of Kaiser Foundation Health Plan and Hospitals, announced the appointment of Jacqueline Baratian as senior vice president, chief compliance and privacy officer.
-
News Brief
Albemarle reserves $219M for FCPA settlements
Chemical company Albemarle Corp. disclosed it is set to pay $218.5 million as part of proposed settlements reached with the Department of Justice and Securities and Exchange Commission regarding apparent violations of the Foreign Corrupt Practices Act.
-
Premium
AA report: Inflation helps drive audit fees to all-time high
Average audit fees paid to external auditors by Securities and Exchange Commission registrants reached record totals in fiscal year 2022, according to the latest annual study.
-
Blog
Huntington National Bank lands Bank of America chief risk officer as GC
Huntington National Bank announced the appointment of Marcy Hingst as general counsel.
-
News Brief
Dubai financial regulator fines Mirabaud unit $3M for weak AML controls
A Middle Eastern unit of international banking group Mirabaud was ordered to pay a $3 million fine for inadequate anti-money laundering controls by the Dubai Financial Services Authority.
-
Blog
BellRock Brands recruits general counsel from FullSpeed Automotive
Cannabis consumer goods company BellRock Brands announced the appointment of Kerry Bilewski as general counsel and corporate secretary.
-
News Brief
Former NatWest compliance officer awarded $112K in unfair dismissal case
A former risk and compliance officer at National Westminster Bank was awarded nearly £88,000 (U.S. $112,000) after a U.K. employment tribunal found she was unfairly dismissed and discriminated against during her sick leave for colon cancer.
-
Premium
Risks, opportunities under SEC’s cyber incident disclosure rule
The clock is ticking for public companies to put in place policies and practices to meet the requirements of the Securities and Exchange Commission’s newly approved cybersecurity incident disclosure rule.
-
Blog
Citi Trends CCO to retire
Retail clothing chain Citi Trends announced in a public filing Vice President of Human Resources and Chief Compliance Officer Ivy Council plans to retire.
-
News Brief
CPPA sets sights on connected vehicles in first review
The California Privacy Protection Agency is probing the data privacy practices of connected vehicle manufacturers and their technologies as part of its first enforcement review.
-
News Brief
SEC risk alert flags staffing, policy weaknesses in AML compliance exams
Broker-dealers complying with anti-money laundering/countering the financing of terrorism requirements put forward by the SEC must be mindful of the resources they are providing for their programs during the current heightened risk environment.
-
Article
Financial crime investigations: Leveling up
The drive toward upskilling in the field of investigations is not exclusive to the law enforcement and intelligence communities. Investigations knowledge and expertise among those working within industry will also become an increasingly valued commodity.
-
Blog
TechnipFMC promotes CCO to chief legal officer
French-American oil and gas company TechnipFMC promoted Chief Compliance Officer Cristina Aalders to executive vice president, chief legal officer and secretary.
-
Premium
Pressure on DPAs to ensure success of GDPR cross-border proposal
Plans to speed up General Data Protection Regulation cases against the likes of Big Tech firms by improving cooperation among the European Union’s data regulators have been largely welcomed by experts.
-
News Brief
Martin’s Point Health Care to pay $22.5M to settle false claims case
Martin’s Point Health Care will pay nearly $22.5 million to settle allegations it violated the False Claims Act by knowingly submitting inaccurate diagnosis codes for Medicare enrollees to increase reimbursements.
-
News Brief
Senator pushes for probe into Microsoft’s ‘negligent cybersecurity practices’
Sen. Ron Wyden (D-Ore.) is calling on federal agencies to hold Microsoft accountable for “negligent cybersecurity practices” that played part in a Chinese hacking campaign that targeted U.S. government email addresses.
-
News Brief
UAE approves plan to establish AML prosecutor
The United Arab Emirates has moved forward with plans to establish federal prosecution entities specializing in economic crimes and money laundering.
-
Premium
Common sanctions compliance trip points from 2023 enforcement cases
Penalties against companies including British American Tobacco, Wells Fargo, and Microsoft demonstrate the multiple ways in which businesses can run afoul of U.S. sanctions—an area receiving increased scrutiny by regulators.
-
News Brief
PCAOB fines five in audit committee communications sweep
The Public Company Accounting Oversight Board announced penalties ranging from $30,000-$50,000 against five firms for violations regarding communications with audit committees as part of its latest enforcement sweep.
-
Premium
Need to know: New York City AI bias law
Companies that use automated tools to screen candidates for jobs based in New York City must check those systems for bias or potentially run afoul of a first-in-the-nation law.