- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
What effect will the U.S. indictment of former Volkswagen CEO Martin Winterkorn have on German prosecutors? Will Germany have the desire to indict and try the former head of the world’s largest auto manufacturer and pride of Germany?
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Shareholders seeking damages worth €9.2 billion (U.S. $10.6 billion) have taken German car giant Volkswagen to court in Germany for failing to inform them fully of the financial impact that the emissions cheating scandal would have on the company’s share price.
At Compliance Week 2018 on Tuesday, Hiltrud Werner, head of integrity and legal affairs at Volkswagen Group, spoke of how VW is recovering from a recent scandal and trying to emerge a stronger, better company from lessons learned.
Matthew Axelrod, assistant secretary for export enforcement at the Bureau of Industry and Security, addressed efforts to reach financial services firms, working with the Financial Crimes Enforcement Network, and more during his fireside chat at CW’s Financial Crimes Summit.
