A legal nonprofit has alleged that U.S. Equal Employment Opportunity Commission (EEOC) Chief Andrea Lucas has refused to investigate harassment and discrimination claims by LGBTQ people.
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Posted inBest Practices
AI, finance and the new compliance mandate in APAC
A new report tells a story that compliance professionals should read carefully. While the report focuses on finance leaders across Asia Pacific, the real lesson for compliance is much broader: artificial intelligence is no longer a future-state technology discussion. It is now an operating model, risk management, governance, and controls issue. For CCOs, that means AI must move from the innovation agenda to the compliance agenda.
Posted inEthics & Culture
HQP Assessment: Top Strengths and Weaknesses of Ethics and Compliance Programs
Most companies have in place the foundational elements of an ethics and compliance program, but the more elusive elements that get to the heart of improving corporate culture provide key opportunities for improvement, according to the latest findings of the Ethics and Compliance Initiative’s High-Quality Program Assessment.
Posted inRegulatory Enforcement
Chocolate bars: Investigations into Ferrero are a lesson for compliance on EU antitrust commitments
Chocolate companies are in the sights of EU antitrust regulators. Ferrero, maker of Kinder, Ferrero Rocher, and Nutella, has revealed that it was the target of “dawn raids” by the European Commission in two EU member states.
Posted inCryptocurrency and Digital Assets
FCA joins police, HMRC to carry out first crackdown on illegal crypto trading
The U.K.’s financial services regulator has raided eight addresses in London as part of an operation working with police and tax authorities to disrupt illicit crypto activity and prevent possible financial crime risks.
Posted inArtificial Intelligence
U.K. joins global trend for AI-enabled regulatory supervision
The U.K. financial regulator is expanding its remit and planning to deploy AI to manage its increased workload. This is part of a global trend and has significant compliance implications.
Posted inRegulatory Policy
U.K. banking regulator focuses on accountability, governance and data while relaxing reporting cycles
The U.K. banking regulator is shifting its focus to rigorously monitoring outcomes, rather than adding rules, and this is driving investment in oversight functions.
Posted inRegulatory Policy
EU moves step closer to harmonizing anti-corruption laws
The European Union has moved a step closer in its plans to introduce new rules meant to harmonize how member states tackle corruption, as well as how EU institutions and agencies such as Europol, Eurojust, and the European Anti-Fraud Office work together to protect the bloc’s budget and combat corporate crime.
Posted inCompliance Week
Compliance Week and ECI name Maurice L. Crescenzi, Jr. President of Combined Business
Veteran chief ethics and compliance officer, big four consultant, and educator to lead the organization as risk and compliance leaders navigate an increasingly volatile and faster-changing era.
Posted inEurope
EU unveils customs overhaul to tackle e-commerce and geopolitical shifts
The EU Customs Union currently deals with trade worth €4.3 trillion a year. In 2024, 2,140 customs offices across the trading bloc collected almost €27 billion in customs duties and dealt with 1.37 billion items.
