All articles by Jaclyn Jaeger – Page 68
-
Article
Due diligence best practices for corporate sponsors
With the Olympics underway, now is a good time for compliance officers to review how they ensure their corporate spokespeople and their own codes of conduct are in sync.
-
Article
The evolving role of the financial function in India
A combination of new laws in India to address corruption and other risks is drastically changing how financial services firms operate—especially in regard to accounting—within the country.
-
Blog
Department of Justice creates Cybersecurity Task Force
A new Cyber-Digital Task Force will assess how the Department of Justice is combatting the global cyber-threat and how federal law enforcement can more effectively accomplish its mission in this evolving area.
-
Blog
Albemarle names new chief compliance officer
Albemarle Corporation, a specialty chemical company, has appointed Andrew McBride as chief compliance officer.
-
Blog
Social media companies lag on compliance with EU consumer rules
Social media companies—Facebook, Twitter, and Google+—need to do more to respond to requests made last March by the European Commission and member states' consumer authorities to comply with EU consumer protection rules.
-
Blog
FCA seeks input on using technology to achieve smarter regulatory reporting
The U.K. Financial Conduct Authority is seeking comment on how technology can make it easier for firms to meet their regulatory reporting requirements and improve the quality of the information they provide.
-
Blog
Swiss regulator publishes ICO guidelines
The Swiss Financial Market Supervisory Authority, FINMA, has published guidelines setting out how it intends to apply financial market legislation in handling enquiries from initial coin offering organisers. The guidelines also define the information FINMA requires to deal with such enquiries and the principles upon which it will base its ...
-
Blog
U.K. and U.S. to collaborate on FinTech initiatives
The U.K. Financial Conduct Authority and the U.S. Commodity Futures Trading Commission have signed a first-of-its-kind arrangement with one another to collaborate and support innovative firms through each other’s FinTech initiatives.
-
Blog
U.S. Bancorp to pay $613M for AML compliance failures
U.S. Bancorp, the parent company of U.S. Bank, announced today that it will pay a total of $613 million in total penalties for willfully failing to have an adequate anti-money laundering compliance program and willfully failing to file a suspicious activity report in violation of the Bank Secrecy Act.
-
Blog
Credit Suisse discloses FCPA investigation
Credit Suisse Group said it has been responding to requests from “certain governmental and regulatory authorities” concerning potential violation of the FCPA regarding its hiring practices in the Asia Pacific region.
-
Blog
Singapore proposes e-payment standards for financial institutions
The Monetary Authority of Singapore has launched a public consultation on proposed guidelines to protect users of electronic payments, which would set standards on the responsibilities of financial institutions.
-
Article
China amends, clarifies law addressing commercial bribery
For the first time in two decades, Chinese regulators have amended the Anti-Unfair Competition Law, giving companies more clarity on what constitutes commercial bribery.
-
Blog
European Parliament to send fact-finding mission to Amsterdam
The European Parliament’s president and political group leaders have decided to send a fact-finding mission to Amsterdam, where the European Medicines Agency is to be relocated after Brexit.
-
Article
Keeping your harassment policies fresh and inspiring
In any industry, having policies and procedures that address sexual harassment is a good start, but more telling will be how the code is enforced in the weeks and months to come.
-
Blog
SFO: More charges in Barclays Qatar capital raising case
The U.K. Serious Fraud Office has charged Barclays Bank with unlawful financial assistance contrary to the Companies Act in connection with an investigation it began in 2012.
-
Blog
Airbus to pay €81.25 million to end German corruption probe
German prosecutors have ordered Airbus to pay a fine of € 81.25 million to end a five-year bribery investigation concerning the sale of Eurofighter aircraft to the Republic of Austria in 2003.
-
Blog
Novartis responds to ongoing corruption investigations
Novartis has issued a response concerning ongoing corruption investigations by both Greek and U.S. authorities.
-
Blog
Rabobank to pay $368.7M for laundering Mexico drug money
The U.S. subsidiary of Rabobank pleaded guilty this week to a felony conspiracy charge for impairing, impeding, and obstructing a government investigation by concealing deficiencies in its anti-money laundering program.
-
Blog
GlaxoSmithKline: An update on SFO investigation
GlaxoSmithKline isn’t out of the weeds yet. The pharmaceutical company this week said the U.K. Serious Fraud Office has requested new information relating to an ongoing investigation, this time concerning third-party advisers engaged by the company.
-
Article
Lax AML controls plague Mexico's financial services sector
Politically exposed persons, beneficial ownership, and suspicious transactions all continue to bedevil Mexican banking efforts to combat money laundering and terrorism financing.