All Compliance Week articles in Web Issue – Page 1480
-
News BriefReal estate firm JLL fined by Canada’s FINTRAC for AML, KYC failures
Canada’s anti-money laundering regulator fined Toronto-based real estate firm Jones Lang Lasalle $107,827 Canadian dollars (U.S. $77,632) for six violations of its anti-money laundering rules, after discovering gaps in recordkeeping and reporting requirements for know your customer rules.
-
WebcastCPE Webcast: Compliant First AI: Risk Management Best Practices for Financial Institutions in 2025
Attend this Compliance Week webinar to synthesize the current ”state-of-play” for current and proposed rules for the ethical and responsible use of AI in financial services settings.
-
PremiumUnderfunding of BSA/AML compliance made TD Bank an unwitting partner to cross-border crime
Law enforcement officials stumbled on TD Bank’s role in money laundering while investigating a Mexican drug cartel. They found that the bank’s corporate culture considered compliance, particularly BSA/AML compliance, a low priority. As they dug deeper, authorities discovered that multiple money laundering schemes had infiltrated the bank’s network.
-
Blog
Bitfarms appoints US general counsel
Bitfarms, vertically integrated Bitcoin data center operations firm, announced that it has appointed Rachel Silverstein as US general counsel.
-
Blog
BambooHR appoints legal chief
BambooHR announced the appointment of Jonathan Vaas as the company’s new chief legal officer.
-
Blog
Church Pension Group names legal chief
The Church Pension Group announced the appointment of Julian Chung as executive vice president, chief legal officer and corporate secretary.
-
Blog
Sonida announces new GC
Sonida Senior Living, an owner, operator and investor in senior living communities, announced that Tabitha Bailey will be appointed senior vice president and chief legal officer, effective Jan. 1.
-
ResourceWhite paper: Constructing a Cohesive Cybersecurity Foundation
The individual requirements for your security and risk operations are increasingly complex—and interconnected. Yet despite this increased interconnectivity, many organizations still manage their security operations (SecOps) and integrated risk management (IRM) functions in silos.
-
News BriefTexas health group pays $14.2M for alleged physician self-referral violations
A Texas health care organization agreed to pay $14.2 million to settle allegations it filed false claims related to violations of the “Stark” self-referral law, according to the Department of Justice.
-
News BriefFINRA fines Morgan Stanley $1M for alleged documentation failures
The Financial Industry Regulatory Authority fined broker-dealer Morgan Stanley $1 million over alleged documentation failures related to risk management controls and supervisory procedures involving violations of the Market Access Rule.
-
Blog
1inch appoints new compliance chief
Crypto trading firm 1inch announced the appointment of Hedi Navazan as the group’s new chief compliance officer.
-
Blog
World Bank Group appoints risk chief
The World Bank Group announced the appointment of Dennis McLaughlin as chief risk officer and vice president.
-
Blog
Antelope Enterprise announces compliance chief
Antelope Enterprise Holdings Limited, a provider of electricity through natural gas power generation, announced the appointment of Junjie Dong as the new corporate secretary and chief compliance officer.
-
Blog
Browne Jacobson announces first GC
Law firm Browne Jacobson announced the appointment of Oliver Sweeney as its first general counsel.
-
Blog
Discover adds interim legal chief, GC
Discover Financial Services added Kelly Welsh as the incoming interim chief legal officer, general counsel and head of corporate and public affairs.
-
Blog
FREYR Battery names interim legal chief
FREYR Battery announced that Peter del Vecchio will be joining as interim chief legal officer.
-
Blog
NetApp names diversity chief
NetApp, the intelligent data infrastructure company, announced the appointment of Pamela Hennard as the new chief diversity and inclusion officer.
-
News BriefFTC to monitor compliance at AI-enabled product review platform after misleading ratings
Artificial intelligence-enabled product review platform Sitejabber agreed to a 10-year compliance monitorship with the Federal Trade Commission following allegations that it inflated product ratings and misled the public.
-
News BriefU.K. sanctions 56 entities connected to Russia’s 'war machine'
The U.K. has issued 56 new sanctions against entities and individuals involved with Russia’s war effort, including several private mercenary groups operating in Africa that are connected to the Kremlin.
-
News BriefNavy Federal Credit Union to pay $95M in fines, redress over ‘surprise’ overdraft fees
Navy Federal Credit Union will pay a $15 million fine and return $80 million in “surprise” overdraft fees to its members to resolve an enforcement action from the Consumer Financial Protection Bureau.