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
The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) imposed a $1 million civil penalty against the former chief compliance officer for MoneyGram International Inc.
A new survey of general counsels and compliance officers found that 30% of companies in North America, Europe, and Asia stopped doing business with a partner because of corruption risks.
The front page of the New York Times featured a long article this week about the new middle class life you are creating in Guanajuato based on employment by multinationals and investment in education.… Continue Reading