From the Archive

Associated Banc-Corp has announced the retirement of Arthur Heise as chief risk officer, effective July 1. Randall Erickson will assume Heise’s responsibilities as chief risk officer on May 1, in addition to his current roles as general counsel and secretary.

Nikko Asset Management, a Tokyo-based asset management firm, has appointed Mark de Vries as chief risk management officer. He is responsible for the governance of risk and related opportunities, encompassing investment risk management and enterprise risk management.

The Western Union Company, a global payment services provider, has appointed Jacqueline Molnar as chief compliance officer. In this role, she will lead all of Western Union’s global anti-money laundering, sanctions, and consumer protection compliance programs.

Imagine this: You’re a large healthcare provider whose staff is having trouble accessing vital records in your hospital’s computer network. Your IT department begins an immediate investigation and determines the cause to be a malware attack. Worse yet, the attackers are demanding ransom to obtain the decryption key. How do you respond?

Hewlett Packard Enterprise recently announced the availability of HPE Investigative Analytics, a new hosted software solution that enables financial institutions and other highly regulated organizations to identify and analyze risk events, and take action to prevent them. To help identify and stop fraudulent and non-compliant behavior, HPE Investigative Analytics leverages HPE’s unique software assets in archiving, compliance, and machine learning to automatically detect patterns and anomalies in structured and unstructured data in order for an organization to shut down bad behavior before it becomes an issue.

NW Natural, a natural gas service company, has appointed Shawn Filippi as chief compliance officer, in addition to her current role as vice president and corporate secretary.

In our latest podcast we discuss due diligence and third party oversight in emerging markets with Kevin Braine, managing director and head of Kroll’s compliance practice in Europe, the Middle East, and Africa. Based in London, Braine is responsible for driving forward the expansion of Kroll’s compliance services throughout the region. We talk to Braine about pressing compliance risks in the EMEA region, how compliance officers can push responsibilities onto business managers in emerging markets, and how to tackle ongoing monitoring of third parties.

In our latest podcast we discuss due diligence and third party oversight in emerging markets with Kevin Braine, managing director and head of Kroll’s compliance practice in Europe, the Middle East, and Africa. Based in London, Braine is responsible for driving forward the expansion of Kroll’s compliance services throughout the region. We talk to Braine about pressing compliance risks in the EMEA region, how compliance officers can push responsibilities onto business managers in emerging markets, and how to tackle ongoing monitoring of third parties.

Image: FIFA isn’t the only major sporting organization with corruption problems. The United States Tennis Association has created a problem for itself by allowing an umpire, who was suspended for corruption, to continue to officiate at the 2015 U.S. Open. Inside, CW’s corruption blogger Tom Fox examines USTA’s reasoning behind such a move. Fault, indeed.

A recent article in the Financial Times by Simon Kuper, titled “How to buy a foreign election” reminded me that the FCPA specifically makes illegal more than simply bribing a foreign government official or some employed by a state owned enterprise to secure an improper advantage. The FCPA also makes illegal bribes paid to “any […]