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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aly McDevitt2020-09-14T13:00:00
While managing the coronavirus outbreak on Diamond Princess in Asia, Carnival received more bad news: The virus had infected Grand Princess off the West Coast of the United States.
Grand Princess set sail on a round-trip itinerary to Mexico on Feb. 11 and to Hawaii on Feb. 21, with many of the same crew and 68 of the same passengers aboard both voyages. On March 4, California health officials reported the COVID-19-related death of a passenger from the former voyage. Princess confirmed an outbreak aboard the subsequent trip 48 hours later. The ship remained about 50 miles off the coast of San Francisco for three days, and disembarkation began in the port of Oakland on March 9.
In the span of two weeks from Compliance Week’s visit to Carnival headquarters, the number of COVID-19 cases outside of China had increased 13-fold. The number of infected countries had tripled.
On March 11, the World Health Organization (WHO) declared a pandemic.
The cruise industry changed quickly after that.
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Membership $599
One-year only, no auto-renewal.
2024-12-10T18:35:00Z By Adrianne Appel
A lack of supervision and internal controls at Morgan Stanley Smith Barney allowed four of its investment advisers to steal millions from customers before the behavior was detected, the SEC said in charging the firm.
2024-12-10T14:00:00Z Provided by BlackLine Systems
Discover the vital role company culture plays in not only embracing new technologies and processes but also driving continuous improvement through a commitment to learning and a growth mindset.
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A defamation lawsuit filed by a whistleblower against USAA, which a Florida judge recently dismissed on a technicality, revealed in public court records an estimated 400,000 violations of the Military Lending Act by USAA Federal Savings Bank (USAA Bank), an indirect wholly owned subsidiary of USAA.
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Both JPMorgan Chase and Deutsche Bank retained their respective Jeffrey Epstein relationships for too long. Yet, there is a case to be made for why exiting a high-risk relationship too soon can become an inverse form of recklessness.
2024-03-20T16:00:00Z By Aly McDevitt
Why did JPMorgan Chase retain Jeffrey Epstein for more than a dozen years? How did the relationship persist despite glaring red flags? The “why” is straightforward; the “how” is more complicated.
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Jeffrey Epstein’s designation as a high-risk client should have subjected him to enhanced due diligence that never appeared to occur, most notably at Deutsche Bank. Instead, Epstein was allowed to continue his misconduct despite numerous red flags.
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