All United States articles – Page 107
-
PremiumOCC’s Hsu: FIs wise to include risk, compliance in tech product development
As financial institutions mull potential growth opportunities with digital asset and artificial intelligence tools, Acting Comptroller of the Currency Michael Hsu warned against leaving risk and compliance teams out of the loop.
-
News BriefOFAC orders Swedbank Latvia to pay $3.4M over Crimea sanctions violations
Swedbank Latvia agreed to pay more than $3.4 million to resolve apparent U.S. sanctions violations in the Crimea region of Ukraine, the Office of Foreign Assets Control announced.
-
News BriefLawsuit: Ex-Grindr privacy chief alleges firing over red flags raised
The former chief privacy officer at Grindr is suing the company behind the LGBTQ dating app for wrongful termination regarding alleged privacy violations he raised that new management ignored.
-
News BriefPIMCO to pay $9M in SEC disclosure, policy failure settlements
Pacific Investment Management Company agreed to pay a combined $9 million to resolve two separate actions brought by the Securities and Exchange Commission regarding alleged violations of the Advisers Act.
-
News BriefS.C.-based St. Francis to pay $36.5M in false claims settlement
South Carolina-based healthcare system St. Francis agreed to pay $36.5 million as part of a settlement with the Department of Justice addressing alleged violations of the False Claims Act, Stark Law, and Anti-Kickback Statute.
-
News BriefFCC forms consumer data privacy task force
The Federal Communications Commission announced the launch of a new task force to coordinate privacy and data protection efforts at the agency, which oversees a telecommunications industry often targeted by cybercriminals.
-
News BriefOCC: Union Bank fined $15M for ‘deceptive’ account disclosure practices
The Office of the Comptroller of the Currency announced a $15 million civil penalty against MUFG Union Bank for “deceptive practices” caused by alleged weaknesses in execution of internal controls and procedures.
-
News BriefOCC to banks: Don’t get complacent on risk monitoring
Banks should still be on guard despite relative calm in the industry compared to where things were three months ago following the collapse of Silicon Valley Bank, the Office of the Comptroller of the Currency warned.
-
Blog
Inbenta recruits DoorDash privacy leader for chief legal officer role
Artificial intelligence and technology company Inbenta announced the appointment of Adam Rivera as chief legal officer.
-
Blog
Merchants & Marine Bancorp recruits FDIC examiner for chief risk post
Merchants & Marine Bancorp announced the appointment of Antonio Davis as chief risk officer.
-
Blog
DigitalBridge promotes investment management GC to chief legal officer
Financial services company DigitalBridge announced the promotion of Geoffrey Goldschein, investment management division managing director and general counsel, to chief legal officer and company secretary.
-
Blog
Centrus Energy promotes director of compliance to acting GC, CCO
Nuclear power company Centrus Energy Corp. announced the promotion of Senior Assistant General Counsel and Director of Legal Affairs and Corporate Compliance Shahram Ghasemian to acting general counsel, chief compliance officer, and corporate secretary.
-
Blog
Rite Aid names chief legal officer
Rite Aid announced the appointment of Thomas Sabatino as executive vice president and chief legal officer.
-
Blog
Carisma Therapeutics recruits Idorsia Pharmaceuticals CCO for GC post
Carisma Therapeutics announced the appointment of Eric Siegel as general counsel and corporate secretary.
-
Blog
Silverado Senior Living appoints VP of legal & risk, CCO
Silverado Senior Living announced the appointment of Kristina Hulsey as vice president of legal and risk and chief compliance officer.
-
News BriefSEC spring 2023 regulatory agenda: 37 rules in final stage
The rest of the year is shaping up to be busy at the Securities and Exchange Commission, where final rules regarding climate-related disclosures, enhanced cybersecurity risk governance, and more are all on the near-term agenda.
-
PremiumNutanix discloses remediation steps following costly software misuse
A lack of oversight of employees handling vendor software is one of several failings at cloud computing company Nutanix that led to misuse, $11 million in estimated costs, and two pending lawsuits.
-
News Brief
SEC charges Sabby Management over short sales
New Jersey-based investment adviser Sabby Management and its managing partner were charged by the Securities and Exchange Commission with engaging in a fraudulent short selling scheme involving the stocks of nearly a dozen public companies.
-
News BriefJPMorgan to pay $290M to settle Jeffrey Epstein class action
JPMorgan Chase announced it reached an agreement in principle to settle claims made in a class-action lawsuit regarding the bank’s ties to convicted sex offender Jeffrey Epstein.
-
PremiumMindset matters for governance and compliance success in the cloud
Shifting your organizational structure to align with a capability-based operating model can help you focus on delivering outcomes for customers, instead of concentrating on different departments and processes.