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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-12-19T19:14:00
A package of seven legislative proposals put forward by the Biden administration would enhance the capabilities of the Department of Justice (DOJ) to bring money laundering and racketeering charges related to corruption, according to a senior agency official.
Deputy Assistant Attorney General Kevin Driscoll of the DOJ’s Criminal Division announced the proposals as part of a Dec. 12 speech. He said the rules would “strengthen anti-corruption law enforcement authorities” to better support their roles in combating instances of cross-border corruption.
“We know that international cooperation is essential to the work we do to expose cross-border grand corruption and bring cases to recover corruption proceeds and bring corrupt actors to justice,” Driscoll said. “Our collective ability to hold corrupt actors responsible, taking the profit out of these crimes, and returning stolen assets depends on sincere and dedicated cooperation formally and informally at every level of law enforcement.”
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-12-28T18:57:00Z By Aaron Nicodemus
French authorities are investigating alleged “aggravated money laundering” contained in transfers between a BNP Paribas affiliate and a Cypriot brokerage firm that might have benefitted a Russian warlord, according to media reports.
2023-12-14T21:08:00Z By Adrianne Appel
Freepoint Commodities agreed to pay nearly $99 million to settle allegations by the Department of Justice that it paid bribes to Brazilian government officials in return for business from state-owned oil company Petrobras.
2023-12-01T14:43:00Z By Kyle Brasseur
The Department of Justice will increase its efforts to build relationships and foster collaboration with its global counterparts to thwart bribery and corruption under a new strategy.
2024-11-25T19:18:00Z By Aaron Nicodemus
The Department of Justice has added antitrust compliance guidance in an update to its Evaluation of Corporate Compliance Programs.
2024-11-25T18:30:00Z By Aaron Nicodemus
Change is likely coming to the Securities and Exchange Commission’s enforcement priorities with the pending handover of the White House to Republican President-elect Donald Trump. Adjust your compliance priorities accordingly.
2024-11-22T14:17:00Z By Adrianne Appel
Dr. Mehmet Oz, President-elect Donald Trump’s pick to lead the Centers for Medicare and Medicaid Services, has a mandate from Trump to “take on the illness industrial complex” and to cut costs.
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