This week I’ve been using my head to smash through some myths about compliance professionals and the jobs they do. I’m a bit bloodied by the exercise, but encouraged by so many generous comments from readers.… Continue Reading
The Financial Conduct Authority Tuesday fined two Bank of New York Mellon units a total of £126 million ($185 million) for failing to comply with the FCA custody rules for the safe-keeping of client money.… Continue Reading
BOTA was the first foundation ever established as a result of an FCPA case, and the question explored in this post is how it was set up.
There are two important facts to keep in mind as background: Kazakhstan was in a disadvantaged position in the negotiations (it needed BOTA to solve a political problem discussed in Part Three); and, the U.S.… Continue Reading
The State Integrity Project found that Virginia’s ethics laws are among the least effective of the states for deterring corruption. The analysis cited Virginia’s weak conflict of interest laws, and found that those laws essentially have no bite.… Continue Reading