Speaking at CW’s Third-Party Risk Management and Oversight Summit, former FCPA Unit chief Kara Brockmeyer called attention to recent enforcement actions against Walmart and Ericsson as a way to highlight seven steps to third-party compliance.
One of sports’ key enforcement agencies handed out a penalty this week that sent a message no regulator wants to send: Punitive action may only come after the guilty party has already reaped the rewards.
Compliance Week quoted everyone’s original compliance officer (mom, of course) in running down 15 reasons why you should attend CW’s 15th annual National Conference.
The 2020 Anti-Bribery and Corruption Benchmarking report will strive to give compliance practitioners valuable insights into bribery and corruption challenges facing them in today’s corporate world and, specifically, their compliance programs.
Nominations are due by Jan. 31, 2020. The CW team will sort through the nominees in all 13 categories and determine 3-5 finalists for each award. Finalists will be announced in March, and winners will be unveiled at the ceremony at our national conference May 18.
More from Compliance Week
A German federal privacy watchdog has fined 1 & 1 Telecom €9.55 million (U.S. $10.6 million) for violations of the EU’s General Data Protection Regulation, but the company says it won’t accept the penalty.
The Office of Foreign Assets Control has added 18 individuals across six geographies to its Specially Designated Nationals list for their roles in serious human rights abuse. Six entities have also been added to the list.
Swedbank CEO Jens Henriksson announced the financial institution is making some major organizational changes “to create simpler and clearer decision-making structures to facilitate the realization of the bank’s strategy.”
Broker-dealer Jefferies will pay $4 million to settle charges for the improper handling of “pre-released” American Depositary Receipts (ADRs), the Securities and Exchange Commission announced.