The Department of Justice has revised its policy regarding voluntary disclosures of export control and sanctions violations.
Regulatory Policy
Posted inRegulatory Policy
SEC’s Clayton: Talk of whistleblower cap ‘misguided’
Amid controversy surrounding proposed changes to the SEC’s whistleblower program, Chairman Jay Clayton continues to stress any adjustments won’t include a cap on awards.
Posted inFinancial Services
Former Fed Chair Paul Volcker passes away
Paul Volcker, former chairman of the Federal Reserve and eponym to the controversial Volcker rule of the Dodd–Frank Act, died Sunday. He was 92.
Posted inFinancial Services
Federal banking regulators ease hemp reporting requirements
New interagency guidance issued this week brings good news for compliance officers of banking institutions with hemp-related customers.
Posted inData Privacy
Republicans, Democrats spar over federal privacy bill
Republicans and Democrats have differing opinions on the rights and role of a federal privacy law, but both sides agreed at a Senate Commerce Committee hearing Wednesday the time to act is now.
Posted inTechnology
Technology at center of Clayton-moderated discussion at SEC
“Message received,” SEC Chairman Jay Clayton said as panelists at his discussion on global macroeconomic trends emphasized how technology is affecting markets and why regulators must lead rather than follow.
Posted inAccounting & Auditing
New auditor reporting standards: What has changed
A closer look at new standards issued in May by the Auditing Standards Board will aid auditors in conferring with clients before 2020 reports arrive.
Posted inEurope
ICO draft guidance helps U.K. firms clarify AI choices
The U.K. Information Commissioner’s Office has released guidance that lays out four principles—based on the GDPR—companies must consider when applying AI to their systems.
Posted inEurope
Vestager once again takes aim at digital giants
Margrethe Vestager, European commissioner for competition, once again rallied against Big Tech in a Nov. 29 speech. The politician has promised more oversight of search engines, online marketplaces, social media networks, and app sites to ensure fair markets.
Posted inData Privacy
Senate Dems propose ‘clear as a bell’ U.S. privacy law
Senate Democrats have proposed a new federal data privacy bill that seeks to empower consumers and support their civil rights in the digital economy.