- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2023-11-06T23:09:00
A wave of enforcement actions from the Department of Justice (DOJ) related to national security concerns is imminent, according to experts.
Russia’s war in Ukraine, Israel’s war with Hamas, and other geopolitical events are causing a spike in sanctions levied by the United States, the United Kingdom, the European Union, and other countries. As a result, there are new sanctions nearly every month that firms must incorporate into their sanctions screening compliance programs.
Other areas of compliance feeling pressure include anti-money laundering (AML) and anti-bribery.
Christian Nauvel, deputy chief counsel for corporate enforcement in the DOJ’s National Security Division, said the agency’s focus on national security is “top of mind at the highest levels.”
2024-10-30T14:17:00Z By Aaron Nicodemus
The U.S. Treasury Department has issued a final rule–and created a new division to oversee it–that will attempt to limit outbound investments to China related to sensitive technologies with military applications.
2024-03-04T18:21:00Z By Aaron Nicodemus
Aerospace giant Boeing will pay a $51 million civil penalty to the State Department to resolve alleged export control violations related to unauthorized transfers and retransfers of technical data to foreign-person employees and contractors.
2024-02-02T18:27:00Z By Jeff Dale
The Financial Crimes Enforcement Network issued an alert addressing the financing of Israeli extremist settler violence against Palestinians in the West Bank.
2025-06-25T16:29:00Z By Oscar Gonzalez
In May, three commissioners for the Consumer Product Safety Commission were abruptly fired by President Donald Trump and sued for their jobs shortly after. A federal judge has ruled that the commissioners should be reinstated, although it’s unclear whether that ruling may itself be reversed.
2025-06-19T19:28:00Z By Ruth Prickett
Fraud now accounts for around 40% of all crime in the U.K., posing a major problem for banks and consumers. Ted Datta, head of industry practice for financial crime compliance at Moody’s, warns that the risk is growing fast.
2025-06-16T18:04:00Z By Neil Hodge
Trying to put rules in place to oversee an industry that has grown largely outside of regulation is not without serious challenges. But the UK’s Financial Conduct Authority’s (FCA) latest consultation aims to attract industry views about how some key aspects of crypto trading should be regulated ahead of planned ...
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