Internet-enabled scams are drawing national attention, with authorities treating them as organized transnational crimes. The FBI says confidence schemes now make up a significant share of online fraud, prompting questions about how the private sector is responding.
Risk Management
Posted inAnti-Bribery
Texas gas company found that its merger acquisition paid a cartel-connected entity
A Texas-based gas company has disclosed that a Mexican affiliate made payments to local government officials that may have benefited a cartel designated as a terrorist group by the U.S. government. Entanglement with cartels is an increasing risk for companies doing business in Mexico.
Posted inEthics & Culture
When stability fails: Why over-optimization creates organizational brittleness
Most organizations would say they value stability. Predictable operations, consistent output, and well-defined processes are generally considered marks of maturity. The assumption is simple: if a system can be made reliable, it becomes resilient.
Posted inRegulatory Enforcement
Q&A with former FCPA Unit chief Charles Duross on the DOJ’s monitorship policy
Compliance Week recently interviewed Charles Duross, former Chief of the DOJ’s Fraud Section’s FCPA Unit, to talk about the Department of Justice’s recently revised monitorship policy.
Posted inRisk Management
Compliance should protect firms from AI-washing investigations and insurance claims
Insurance firms are warning that AI-washing could trigger a slew of cases against directors, and are adjusting their directors’ and officers’ liability premiums accordingly. With regulators cracking down on AI-washing, compliance could be a crucial line of defense and save companies on their insurance costs.
Posted inRisk Management
Compliance survey shows clawback policies and cooperation tools largely unused
Many companies have strong compliance policies to encourage cooperation with regulators and hold staff accountable, but these policies are rarely used, and cooperation often depends on cost and business benefit, according to a new survey of compliance professionals.
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Corporate Compliance in Conflict Zones
What happens when business survival and corporate ambition collide with conflict and compliance obligations? This webcast takes a closer look at Compliance Week’s new case study, Inside a Dark Pact: A Case Study of Lafarge’s Terrorist Funding and Compliance Fallout in Syria.
Posted inEurope
Complying with the EU Data Act – What companies should know
Companies could face significant compliance challenges in trying to meet new EU legal requirements about how companies share data with third parties.
Posted inRisk Management
The CFO, AI, and the New Compliance Frontier
As CFOs use AI to streamline operations, they face new compliance risks tied to accountability and algorithmic governance. CCOs must work with them to ensure transparency and oversight throughout adoption.
Posted inEurope
Extra-territorial rules: How to navigate global compliance complexity
Sanctions, tariffs, economic crime, big tech, data privacy, and environmental laws are expanding global compliance risks. Tougher penalties now reach deep into supply chains, making even small suppliers accountable to customers or regulators.
