I recently spoke with David M. Stuart, one of the attorneys who represented Telia Company AB, a Sweden-based telecommunications provider that settled violations in September for a grand total of $965 million in financial sanctions.… Continue Reading
All posts by Julie DiMauro
Last week I spoke with Philip Urofsky, a partner at Shearman and Sterling, and a former federal prosecutor, responsible for investigating and advising on matters involving potential violations of the Foreign Corrupt Practices Act.… Continue Reading
I spoke last Thursday with Adam S. Lee, the Special Agent in charge of the U.S. Federal Bureau of Investigation’s Richmond Division.
I’ve been looking at the role women now play in compliance in the United States and overseas. The good news is that more women have come into the ranks in top level compliance positions.… Continue Reading
In the prior post, I looked at the presence of women in compliance roles in the United States and abroad. In this post, I’m looking at how women in compliance can be a catalyst for more diversity in organizations.… Continue Reading
Women may or may not be better-suited to risk management roles as compared to men as being fully equipped for the role might have more to do with skills sets, ethical judgment and plain-vanilla experience than with anything related to gender.… Continue Reading
Just as the 2016 FCPA enforcement year left us plenty of topics to discuss, the new year brings many uncertainties, and the direction of the law’s enforcement is a matter of some debate.… Continue Reading
I live in a NYC co-op, and our co-op board does business with a community bank. I’m the treasurer, so I go there a lot, and I find their lack of bells and whistles a bit refreshing when I visit in person and they remember my name and that I’m the treasurer who hates math.… Continue Reading
I became a runner for the first time in my life in late 2003. I had run the Corporate Challenge while working at Fidelity Investments in Boston, and I became hooked.… Continue Reading
Compliance officers are experiencing regulatory fatigue and overload in the face of ever-changing and growing regulations. How they deal with the onslaught depends upon their resources and risk profile, among other considerations.… Continue Reading
Let’s start this discussion with: Know the business.
In addition to knowing their regulatory-reporting obligations, compliance officers should understand what their managers do, what products and services their company offers and the systems that sustain these products and services.… Continue Reading
The compliance profession has seen a significant transformation in responsibility, accountability and technology since the financial crisis erupted in 2008.
Along with that transformation has come greater pay and status, and as well as the challenge compliance officers face of adapting their firms to these transformations and keeping leadership involved.… Continue Reading