- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Software company ACL announced the acquisition of Rsam, a provider of IT, vendor, and security risk management solutions.
The combination is set to bring together ACL’s true SaaS platform with Rsam’s dynamic flexibility, universal IT systems integration capability, and industry content.
With the acquisition, Rsam’s co-founders Vivek Shivananda (CEO) and Kevin Day (CTO) join ACL’s leadership team reporting to ACL CEO Laurie Schultz.
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The Consumer Financial Protection Bureau continued its push to establish supervisory authority over more nonbank financial companies with the adoption of a procedural rule to streamline the process for such designations.
The Department of Justice launched a new pilot program that encourages voluntary self-disclosure by corporate executives who are themselves involved in financial misconduct, with the incentive of a nonprosecution agreement for those who help an agency investigation.
Sen. Tom Cotton (R-Ark.) is calling on the Biden administration to investigate and ban Chinese e-commerce company Temu over forced labor and data privacy violation concerns.
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