All Compliance Week articles in Web Issue – Page 1466
-
News BriefNordea Bank to pay $35M to resolve NYDFS probe into AML shortcomings
Finland-based Nordea Bank will pay $35 million to resolve an investigation by the New York Department of Financial Services into “significant compliance failures” in its anti-money laundering and Bank Secrecy Act program.
-
News BriefCFTC orders BNY to pay $5M over reporting failures
BNY, formerly BNY Mellon, will pay a $5 million fine to the Commodity Futures Trading Commission for “significant reporting failures” related to its swap dealer business.
-
Blog
Nashville General Hospital welcomes new CCO
Nashville General Hospital welcomed Kristi Faulkner Lewis as its new chief compliance officer.
-
News BriefPham cries CFTC overreach against compliance officer in $48M fine of TOTSA
The Commodities Futures Trading Commission fined TOTSA TotalEnergies Trading $48 million for allegedly engaging in price manipulation, with Commissioner Carolyn Pham defending a compliance officer at the Swiss energy company accused of making false statements.
-
Blog
Kinderhook Industries hires GC, compliance chief
Private investment firm Kinderhook Industries announced that Michael Iuliano has joined the firm as general counsel and chief compliance officer.
-
Blog
Simplex Trading appoints GC
Simplex Trading announced the appointment of Nancy Laethem Stern as managing director, general counsel.
-
Blog
Pyxus International appoints new CCO
Agricultural company Pyxus International announced the appointment of David Singer as senior vice president, chief legal officer, and secretary.
-
Blog
Vanguard announces general counsel
Investment management firm Vanguard announced that Tonya Robinson will join as general counsel and managing director of its legal division, effective Oct. 1.
-
Blog
Clarivate names chief administrative, legal officer
Clarivate appointed Melanie Margolin to the expanded role of chief administrative and legal officer.
-
Blog
Helvetia Insurance appoints group risk chief
Helvetia Insurance announced the appointment of Bernhard Kaufmann as group chief risk officer, effective Nov. 1.
-
Blog
Equity Trustees names risk chief
Equity Trustees announced the appointment of Nevein Versace as chief risk officer, effective Sep. 23.
-
Blog
N26 promotes risk head to chief regulatory officer
Digital bank N26 announced that Chief Risk Officer Carina Kozole has been named as its chief regulatory officer.
-
Blog
NN Group names new CRO
International financial services company NN Group announced that Wilbert Ouburg will be appointed chief risk officer and member of the management board, effective Oct. 1.
-
Blog
Bitget welcomes new legal chief
Cryptocurrency exchange and Web3 company Bitget announced the appointment of Hon Ng as its chief legal officer.
-
News BriefNasdaq unit reaches $22M settlement with CFTC over supervision failures
The Commodity Futures Trading Commission fined a Nasdaq subsidiary $22 million over allegedly misleading the public, regulators, and its own compliance staff about the details of a trader incentive program.
-
News BriefBCG avoids criminal prosecution for FCPA violations related to bribes in Angola
The Department of Justice declined to prosecute Boston Consulting Group for allegedly bribing Angolan officials in violation of the Foreign Corrupt Practices Act, citing the firm’s prompt self-disclosure and timely remediation.
-
News BriefBank of America unit reaches $3M settlement with FINRA over surveillance lapses
A subsidiary of Bank of America agreed to pay $3 million and take remedial measures to resolve allegations that its surveillance system didn’t detect manipulative trading, the Financial Industry Regulatory Authority said.
-
Blog
Golden State Clean Energy announces GC
Golden State Clean Energy announced the hiring of Erica von Pechmann as general counsel.
-
Blog
Konami Gaming names CCO
Konami Gaming announced that Lori Olk has been appointed senior vice president, regulatory compliance and chief compliance officer.
-
Blog
Patriot Battery Metals names Pilbara Minerals’ GC as executive vice president
Patriot Battery Metals announced that Alex Eastwood, one of the founding senior executives at Pilbara Minerals in the roles of general counsel, chief commercial and legal officer, and company secretary, will join as executive vice president–commercial.