Appointment Blogs | Compliance Week – Page 106
-
Blog
DoJ creates Prescription Interdiction & Litigation Task Force
The Department of Justice has established a Prescription Interdiction & Litigation Task Force to deploy and coordinate criminal and civil law enforcement tools to tackle the opioid epidemic, with a particular focus on opioid manufacturers and distributors.
-
Blog
DoJ to file ‘Statement of Interest’ in cases against opioid makers, distributors
The Department of Justice this week announced it will be filing a Statement of Interest in a multi-district action regarding hundreds of lawsuits against opioid manufacturers and distributors.
-
Blog
Democrats seek insider trading evidence at Education Department
Suspicious stock trades may have been timed to Education Department announcements, a letter from Senate and House DEmocrats allege in a letter to Secretary of Education Betsy DeVos.
-
Blog
Ethics lapse forces NLRB Board to vacate joint employee standards
The National Labor Relations Board, recently abating the longstanding confusion over who is designated as a joint employer and why, is right back at the drawing board with an administrative move that puts the old Browning-Ferris standard for joint employment back into effect.
-
Blog
PayPal settles FTC charges against Venmo's privacy violations
The FTC has reached a settlement with PayPal over allegations related to its Venmo peer-to-peer payment service, claimed privacy protections, and violations of violations of Gramm-Leach-Bliley Act rules.
-
Blog
Newest IIA study will focus on transformation of internal audit
The newest internal audit will suggest chief audit executives need to focus on developing talent to meet a mandate regarding fast-paced changes in business risks.
-
Blog
Fresenius Medical Care reserves €200 million in FCPA case
Germany-based Fresenius Medical Care, a provider of dialysis products and services, has set aside €200 million concerning its ongoing settlement negotiations with the U.S. government regarding potential violations of the Foreign Corrupt Practices Act.
-
Blog
FCA publishes new credit card rules
The Financial Conduct Authority has published its final policy statement on new rules for the credit card market, which will come into force on 1 March 2018. Firms have until 1 September to comply.
-
Blog
Financial Conduct Authority fines Vanquis £2 million
The U.K. Financial Conduct Authority has imposed a fine of £2 million on credit card lender, Vanquis, for failing to disclose the full price of an add-on product, called Repayment Option Plan. It must also pay nearly £170 million in compensation to customers.
-
Blog
New poll shows strains as companies prepare for lease rules
A survey on lease accounting shows some stress in the system as companies wrap up one huge accounting standard adoption and dig into the next one.
-
Blog
What has Latvia wrought?
U.S. banking regulators have long understood the connection between bribery, corruption, money laundering. and security. It will be interesting to see if the ECB and European countries are willing to become as aggressive as their U.S. counter-parts in fighting the global scourge of money laundering.
-
Blog
Loss of trust and internal investigations
If your stakeholders do not trust you, they will not confide in you in a meaningful manner. Many commentators talk about business ethics, but it may all start with business trust.
-
Blog
Board’s prudent discharge of compliance obligations
A look at how board members might want to enhance their prudent discharge to shareholders in regard to the FCPA, as the SEC and Justice Department could be giving it their full attention.
-
Blog
OIG guidance for boards on compliance
It turns out that 2015 guidance from the OIG provides an excellent roadmap in today’s world for how companies can structure a compliance committee for their board and for the board’s obligations.
-
Blog
Teradata FCPA probe ends without enforcement action
IT service management company Teradata will not be facing any enforcement action following an investigation into questionable gifts and travel expenses by one of its international subsidiaries doing business in Turkey.
-
Blog
TDS appoints new chief accounting officer
Telephone and Data Systems has appointed Douglas Chambers as senior vice president – finance and chief accounting officer. Chambers will assume this role, effective May 18, from Douglas Shuma, who is retiring after eleven years with the company.
-
Blog
New SAP solution reduces risks in financial transactions
SAP SE has introduced SAP Business Integrity Screening, an application that helps reduce financial risk within business transactions.
-
Blog
IHS Markit adds new screening capabilities to vendor due diligence service
IHS Markit, a critical information, analytics and solutions provider, announced that its vendor risk management service, KY3P, added financial crimes screening to its comprehensive due diligence tools.
-
Blog
ABLV Bank chief compliance officer quits amid money laundering probe
ABLV Bank announced the resignation of its chief compliance officer, Aleksandrs Paže, at a time when the bank finds itself in hot water for alleged money laundering practices.
-
Blog
SEC modifies deadline for open-end fund liquidity classification
The Securities and Exchange Commission has agreed to a six-month extension to the deadline by which open-end funds must comply with certain elements of the Commission's liquidity risk management program rule.