- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
U.K.-based global financial services company HSBC Holdings will pay a total of $101.5 million to resolve charges that it engaged in a scheme to defraud two bank clients through a multi-million dollar scheme commonly referred to as “front-running.”
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HSBC appointed Richard Blackburn as interim group chief risk and compliance officer. It was also announced that Julian Wentzel will be the interim group chief sustainability officer.
Now that the U.S. Department of Justice launched a new pilot whistleblower program, many questions remain. What types of companies might find themselves to be the subject of a criminal investigation stemming from a whistleblower tip? And what should they do to prepare for a whistleblower tip?
French defense and aviation contractor Thales Group is under investigation by authorities in the U.K. and France for allegedly participating in bribery and corruption.
