Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
As many businesses worldwide have shifted towards a hybrid working model, authorities have been adapting traditional dawn raids in the last decade as server and device data have become more important than hard copy files in most investigations.… Continue Reading
Credit Suisse Group AG agreed Tuesday to pay the SEC $99 million to resolve violations of the internal controls and books and records provisions of the Foreign Corrupt Practices Act, as well as other securities laws.… Continue Reading
At the start of the New Year, the UK’s tax authority, HM Revenue and Customs (HMRC), issued a series of punitive fines – including its largest-ever punitive sum – against businesses that had breached strict anti-money laundering regulations.… Continue Reading
Corruption has long been recognized as one of the most significant barriers to socio-economic growth worldwide, with the developing world being particularly hard hit. The situation has only become worse as a result of the coronavirus crisis.… Continue Reading
Until now, compliance officers have stayed mostly under the government radar. They aren’t regulated or licensed, tested or monitored. Will that change? And if so, what might the next stage of life look like for the compliance profession?… Continue Reading
As we approach the anniversary of the Financial Conduct Authority’s first published set of aggregated results, it’s a good time to review what that means for risk managers across the UK and Europe.… Continue Reading
The number of dawn raids conducted by the Financial Conduct Authority (FCA) has almost doubled over the past year, from 13 in 2017 to 25 in 2018. Admittedly, 25 is not a huge number but the increase is certainly a significant one.… Continue Reading
The Financial Conduct Authority’s (FCA) chief executive Andrew Baily has said that Brexit will place “considerable demands” on his organization over the next year. According to him, the complex challenge of successfully extricating the UK’s financial services industry from the European Union will place a strain on the FCA’s resources for the third year in succession.… Continue Reading
More than 15 million people in the UK routinely miss out on refunds, replacement products, and getting other problems sorted because they don’t know how to complain with confidence.
A study for the Financial Conduct Authority (FCA) found that 28 percent of Brits put up with queue jumpers, bad meals at restaurants, and poor service “because they lack the confidence and know-how to speak out.”… Continue Reading
I have commented on several occasions about whistleblowing, so my thoughts on the subject are already well documented. I am a strong advocate of whistleblowing as a means of policing rogue companies or the individuals they employ.… Continue Reading
It has long been recognized that a critical principle of good governance and compliance is the implementation, promotion and communication of the right tone at the top. It is the fundamental groundwork in setting a company’s culture and is arguably the most important principle in the prevention and detection of bribery and unethical conduct.… Continue Reading
The UK Financial Conduct Authority fined India’s Canara Bank about $1.2 million Wednesday for a series of AML failures and barred it from accepting deposits from new customers for nearly five months.… Continue Reading
