All compliance officers have special skills that set them apart from everyone else. They’re “subject matter experts” in ethics and compliance. That makes them unique. But within the ranks of compliance officers, who are the generalists and specialists?… Continue Reading
In December 2013, when I returned home after spending nearly 14 months in federal prison, I was naturally exuberant to have my freedom back. But soon after my release, my Probation Officer, Kimberly Gorton, slammed the brakes on my enthusiasm.… Continue Reading
Travel is a critical component of a good, strong compliance program. It can also be a differentiator clients find worthwhile. One unexpected result at Black & Veatch is that our business development people now champion the compliance program and actually request the compliance team to come to the field.… Continue Reading
In the aftermath of Airbus’ $4 billion global settlement, one can’t help but wonder: What preemptive action can a company take to avoid similar entanglements? Here are the five biggest takeaways every company in any industry can benefit from.… Continue Reading
Most big companies publish their ethics and compliance programs online. Anyone can read them and know what goals the company has set and how it hopes to achieve them.
That sounds like the right approach.… Continue Reading
The media has been busy reporting on investigation and enforcement news surrounding the elections across several states in India. These reports have a clear impact on actions compliance officers can and should take.… Continue Reading
Undoubtedly, one of the most valuable assets to a company in managing the ever-changing and complex regulatory landscape, and responding to these identified trends and risks, is having the very best compliance officers equipped with the tools to enhance their skills and influence. … Continue Reading
The Financial Conduct Authority penalized a compliance officer Friday for allowing customers of the wealth management firms he worked for to receive wrong advice about their pensions.
David Watters was fined £75,000 ($98,000) for failing to “exercise due skill, care and diligence in his role as compliance oversight officer” at two firms.… Continue Reading
A former Goldman Sachs Group Inc. compliance employee settled an SEC complaint Wednesday that accused him of using confidential data from emails for trades in at least four takeover targets.
Yeu Han, a Chinese citizen also known as John Han, disgorged about $903,000 in trading profits.… Continue Reading