All Regulatory Enforcement articles – Page 175
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Blog
For FCPA Compliance, Don’t Forget the Internal Controls
They have been there all along, hiding in plain sight: the Foreign Corrupt Practices Act requirements for internal controls.The problem is that most compliance practitioners have not been reading them too carefully. What are internal controls in a FCPA compliance program? Aaron Murphy, a partner at Akin Gump and author ...
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Blog
Report: Fed Knew About, Failed to Stop JPMorgan's London Whale Trades
Oct. 21—The Federal Reserve failed to act on knowledge of high-risk trading activities at JPMorgan Chase’s London investment office and should shoulder blame for a $6 billion loss the bank suffered from its ill-fated “London Whale” derivatives trades in 2012. That criticism is leveled by the Fed’s Office of Inspector ...