A decision by the Securities and Exchange Commission to close an investigation into the cash sweep program at Morgan Stanley may affect decision-making at other financial institutions under similar scrutiny.
Aaron Nicodemus
Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass.
Email: aaron.nicodemus@complianceweek.com
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Posted inRegulatory Policy
Big Tech left to wonder why supporting Trump has not eased their legal woes
In a world where it seems like it’s Donald Trump against the rest of the world, antitrust lawsuits against tech titans may be the only area where regulators around the world agree: it’s time to break up Big Tech.
Posted inEurope
UBS to pay $511 million fine over Credit Suisse tax case, exposing compliance gaps
A significant settlement in a U.S. tax fraud case against Credit Suisse contains numerous compliance lessons related to beneficial ownership and due diligence in mergers and acquisitions.
Posted inRegulatory Policy
Trump uses federal powers to defang state environmental laws
In support of President Donald Trump’s deregulation agenda, U.S. Department of Justice sued four states in its ongoing attempt to derail state efforts to force energy companies to pay for damage they caused to the environment.
Posted inAnti-Bribery
DOJ ends Albemarle FCPA non-prosecution agreement a year early, part of a growing trend
The Department of Justice has ended another FCPA-related compliance action more than a year early. This scaling back of regulatory enforcement by the federal government has been a growing trend since the start of the Trump administration.
Posted inTechnology
For addressing the risks and rewards of AI, Adam Ennamli is Innovator of the Year
When he was hired two years ago by General Bank of Canada (GBC), Adam Ennamli was tasked with shaking up the bank’s compliance function.
For too long, the small ($3.5 billion Canadian dollars in assets) but fast-growing bank based in Edmonton had spread its compliance functions across different departments. Many compliance functions were conducted manually.
Posted inData Privacy
CW National Notebook: Don’t try to boil the ocean with data analytics. Do what you know, build up from there
Compliance has long been reluctant to tap the power of its organization’s data. Some of that hesitancy is institutional, either through inertia or outright hostility. Data is often kept in siloes, overseen by different administrators, stored in different systems.
Posted inEthics & Culture
2025 Compliance Week Mentor of the Year, Lisa Fine, is a hub of the community
Compliance professionals may not typically pick their careers as children or straight out of school. For many people who do find their way into the profession, they quickly learn that education, a strong community, and mutual support are keys to success. Lisa Fine, Senior Director, Global Ethics & Compliance at Pearson, has developed into a key member of the compliance community. She’s sought-after by colleagues and fellow compliance officers seeking guidance and advice at different stages in their careers. That’s why we’ve named her Mentor of the Year for our 2025 Excellence in Compliance Awards.
Posted inAnti-Bribery
CW National Notebook: Under intense pressure, former DOJ Polite says it’s compliance’s time to shine
Like never before in modern American history, ethics and compliance are under attack.
Posted inAccounting & Auditing
A lot of us are misusing AI at work, and it’s putting our companies’ data, reputations at risk
Almost half of employees in a new global survey admitted to improperly using AI at work, underscoring the risks companies face by the fast-growing technology. And that’s despite many of their efforts to slow its use.
