When top state or corporate leaders lay down goals, compliance may not always meet their intended aims. This is the case in China, where companies have been under increasing pressure from the central government to comply with rising standards in corporate social responsibility.… Continue Reading
Location: Atlanta, Georgia, United States
Design and execute an Enterprise-wide program to address anti-bribery and corruption (“ABC”) laws, specifically the Foreign Corrupt Practices Act (“FCPA”) in the US for SunTrust teammates.… Continue Reading
The job of the UK’s top financial regulator includes enforcing requirements to designate compliance officers with defined professional roles and duties.
A lot of the regulations the Financial Conduct Authority enforces are based on EU-wide rules.… Continue Reading
A former Department of Defense (DoD) senior contracting official pleaded guilty Thursday to taking bribes from Leonard Glenn Francis — also known as Fat Leonard — the owner of Singapore-based Glenn Defense Marine Asia.… Continue Reading
Our latest BELA Executive Ethics and Compliance forum was co-hosted by Dell. We gathered more than a dozen compliance executives from top-performing companies to talk about why culture, training and risk management should be part of an organization’s long-term sustainable business strategies.… Continue Reading
As reported by the FCPA Blog Tuesday, the SEC and DOJ entered into parallel resolutions with Analogic Corporation and Analogic’s wholly-owned Danish subsidiary BK Medical ApS in connection with violations of the books and records and accounting controls provisions of the FCPA.… Continue Reading
Employer: Orthofix Inc.
Location: Lewisville, Texas, United States
POSITION SUMMARY: The Corporate Compliance Manager will assist the Chief Compliance Officer (“CCO”) or the CCO’s designee in managing, developing and implementing various compliance initiatives for the BioStim strategic business unit (“SBU”) and other Orthofix SBUs.… Continue Reading
India’s new bankruptcy code is a promising development in a jurisdiction where it is difficult to start a business and a nightmare to shut it down.
Massachusetts-based medical technology company Analogic Corporation and a foreign subsidiary and that unit’s former CFO settled FCPA violations related to $20 million in improper payments in Russia and other countries.
Analogic’s Danish subsidiary, BK Medical ApS, entered into a non-prosecution agreement with the DOJ Tuesday.… Continue Reading
Brazil’s interim president Michele Temer has denied allegations that he received campaign donations tied to the Petrobras corruption scandal.
In a plea deal seen by Reuters, former Petrobras transportation chief Sergio Machado alleges that Temer requested and received a legal campaign contribution from Queiroz Galvao, a Brazil-based engineering group.… Continue Reading
Last week, the U.S. Interagency Suspension & Debarment Committee (ISDC) released its FY2015 report. The annual report to Congress describes the status of the U.S. suspension and debarment system.
While the full report is informative, I found one area to be particularly illuminating: its discussion of appropriate metrics and agencies’ expanding use of diverse suspension & debarment tools.… Continue Reading