In this edition of the Compliance Week podcast, we chat with Kevin McCollom of SAP SE, a market leader in enterprise application software. We discuss developing a risk-aware corporate culture amid an ever-evolving threat landscape, and the competitive advantages of compliance.
Joe Mont
Posted inUncategorized
FDA will publicly scold drug companies that try to derail generics
The FDA’s new tactic for driving down prescription drug costs: publicly shaming them by “shining a light on situations where drug makers may be pursuing gaming tactics to delay generic competition.” Drug companies that try to scuttle generic competition will be named on the FDA’s Website.
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Report: Wells Fargo employees may have altered customer documents
The latest catalyst for bad news at Wells Fargo: allegations that employees altered information on business customers’ forms and documents.
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Podcast: the risks and regulatory challenges of cryptocurrencies
Our latest podcast features Eric Sohn, a financial crime specialist and director of business product at Dow Jones Risk & Compliance, in a conversation about the fraud and money laundering risks raised by the fervor surrounding cryptocurrencies and Initial Coin Offerings.
Posted inRegulatory Enforcement
SEC: Forget ‘broken windows’ policy of the past
Moving away from a past focus on minor infractions, SEC Chairman Jay Clayton wants his enforcement division to buckle down on bigger matters.
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Dem Senators grill CEOs over payments to Trump attorney
A team of Senate Democrats is demanding answers and information from two companies that paid President Trump’s personal attorney Michael Cohen “substantial payments” through a shell company while both had business pending before the administration.
Posted inBoards & Shareholders
With proxy season under way, so is executive pay scrutiny
Although this year’s proxy season is just beginning, there are already some clues about how shareholders are voting on corporate pay packages.
Posted inUncategorized
Podcast: Improving customer due diligence
In our latest podcast we look at recently enacted customer due diligence demands from the Treasury Department’s Financial Crimes Enforcement Network, discuss the complexity of the rule, and how technology can automate processes and assist with compliance.
Posted inRegulatory Enforcement
Trump tweet hints at ZTE deal with China
Posting on Twitter, President Trump suggested that he might back down from a U.S. ban affecting ZTE, a Chinese-owned technology company that was caught selling American-made parts to Iran.
Posted inArtificial Intelligence, Technology
White House throwing support behind AI
At a day-long summit convened by the White House last week, tech industry leaders were promised support funding and outreach regarding the development and implementation of artificial intelligence.
