BNP Paribas, France’s largest bank, announced the appointment of Stéphanie Maarek as its new head of compliance. She succeeds Nathalie Hartmann, who held the role since 2017.
2022
Posted inUncategorized
Microsoft recruits sustainability chief from White House
Technology giant Microsoft announced the addition of Melanie Nakagawa as chief sustainability officer. Nakagawa most recently served as special assistant to the president and senior director for climate and energy on the National Security Council at the White House.
Posted inUncategorized
ASX appoints chief compliance officer
The Australian Securities Exchange announced the appointment of Daniel Moran as chief compliance officer, effective Jan. 1, 2023.
Posted inUncategorized
Cureatr adds chief compliance officer
Medication management platform Cureatr announced the hiring of Tracy Tracy as chief compliance officer.
Posted inBoards & Shareholders
Joining the dots between ESG and corruption
A report from Transparency International UK sets out the case for why business integrity and corruption should be considered as core issues in the context of impact environmental, social, and governance investing.
Posted inRisk Management
NYDFS issues guidance for banks interested in virtual currency
The New York State Department of Financial Services issued guidance outlining guidelines banks and financial institutions must follow to engage in virtual currency activities in the state.
Posted inAnti-Bribery
Honeywell to pay $203M over bribery claims in Brazil, Algeria
Honeywell International agreed to pay $202.7 million to settle charges it paid bribes to obtain contracts with government entities in Brazil and Algeria in violation of the Foreign Corrupt Practices Act.
Posted inData Privacy
Epic Games to pay $520M over COPPA, trick purchase charges
Epic Games, developer of the popular video game Fortnite, agreed to pay a record-breaking $520 million in penalties and restitution to settle allegations it violated online child privacy laws and employed illegal purchase patterns.
Posted inEurope
Abanca fined $3.3M for missing 2-hour breach reporting deadline
The European Central Bank fined Spanish bank Abanca €3.145 million (U.S. $3.3 million) after it “knowingly failed” to report a major cyber breach within the prescribed two-hour time limit.
Posted inFinancial Services
Fed rule sets SOFR as LIBOR replacement
The Federal Reserve Board adopted a rule that will officially set the Secured Overnight Financing Rate as the benchmark rate in financial contracts that reference the expiring London Interbank Offered Rate.
