Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

Get updates on Compliance Week offerings, including new features, databases, research, and other resources, along with announcements of upcoming Webcasts, conferences, seminars, CPE/CLE opportunities and more.

Published every Thursday, Compliance Week Europe offers a condensed summary of risk, audit, and compliance news either originating in Europe, or of special interest to European compliance professionals. This newsletter will follow developments by the European Commission, as well as those of national governments across the region, or any U.S.-based news that might have consequence across the Atlantic. Frequency: weekly; Thursday a.m.

A fresh edition of Compliance Week delivered via e-mail and online every Tuesday morning, relentlessly focused on the disclosure, reporting and compliance requirements of our 25,000+ paying subscribers.

Published every Friday, Compliance Weekend was launched at the behest of subscribers, and offers a quick Plain English review of the week's key developments. We hope you enjoy this supplement to Compliance Week's Tuesday edition.

Will Allen Stanford Testify? Oh No He Won't

Bruce Carton | February 28, 2012

It now appears that we will never learn how a person who claims to presently have total amnesia could have testified in his own defense about complicated events from years ago. 

Allen Stanford's lawyers reportedly promised in their opening statements in his criminal trial that the jury would hear from Stanford, but the defense rested its case today without ever calling Stanford as a witness. Although Stanford supposedly wanted to testify, he was persuaded otherwise by his lawyers. A Reuters article today points out that testifying would have placed his "credibility with the jury on the line" and might also have put Stanford's "fiery temper to the test." This is no doubt true, but again I ask: what about the amnesia Stanford claimed to have in December 2011 concerning all "personal life events or business dealings that predated the head trauma he sustained" in September 2009???