All Compliance Week articles in Web Issue – Page 6
-
News Brief
DOL orders Tuff Torq to pay $1.8M over child labor violations
The Department of Labor ordered Tennessee-based Tuff Torq Corp. to pay nearly $1.8 million over alleged child labor violations.
-
News Brief
FINRA orders Stifel units to pay $2.3M for repeat compliance failures
Two subsidiaries of Stifel Financial Corp. agreed to pay a collective total of about $2.3 million over alleged violations of Financial Industry Regulatory Authority rules regarding nontraditional exchange-traded products.
-
Premium
NAVEX whistleblower report finds third parties lead on business integrity
A new report on corporate whistleblowing and hotline trends in 2023 found reporting volume at an all-time high, with key disparities uncovered between reports filed by third parties and those filed by employees.
-
Premium
Big Tech practices draw early scrutiny under DSA, DMA
TikTok and X are under investigation related to their respective compliance with the European Union’s Digital Services Act, while the first three companies probed under the Digital Markets Act include Apple, Alphabet, and Meta.
-
Blog
Abnormal Security appoints chief legal officer
Email security platform Abnormal Security announced Jeff True joined as chief legal officer.
-
Blog
DiamondRock Hospitality Company general counsel to retire
Real estate investment trust DiamondRock Hospitality Company announced Bill Tennis, its longtime executive vice president and general counsel, will retire.
-
Blog
TradeXBank AG appoints chief risk officer
Switzerland-based TradeXBank AG announced the appointment of Viviane Gabard as chief risk officer.
-
Blog
University of Washington restructures offices under CCO
The University of Washington promoted Jane Yung, who served as executive compliance and risk officer, to vice president and chief compliance and risk officer.
-
Blog
John Deere adds chief legal officer
Deere & Company, a manufacturer of agricultural, construction, and forestry equipment, announced Kellye Walker will join its leadership team as senior vice president, chief legal officer and worldwide public affairs.
-
Premium
OCC’s Hsu: ‘Sense of fairness’ key to bank compliance initiatives
Acting Comptroller of the Currency Michael Hsu argued banks should adopt a “strong sense of fairness” to bolster the effectiveness of their compliance programs, particularly regarding lending decisions guided by AI and machine learning tools.
-
News Brief
U.S. BOI efforts earn it upgraded rating from FATF
The United States’s progress on implementing the beneficial ownership information reporting requirements contained within the Corporate Transparency Act earned it praise from the intergovernmental Financial Action Task Force.
-
Premium
EU regs for energy-efficient buildings raise questions for commercial property
Organizations with property in the European Union should be asking more questions about their sustainability and emissions in light of revised plans to decarbonize buildings across the region.
-
News Brief
Advisor Resource Council to pay $300K over compliance lapses
Advisor Resource Council agreed to pay a $300,000 penalty to resolve charges levied by the Securities and Exchange Commission of compliance failures exacerbated by staffing woes.
-
News Brief
Equinix probing short seller accusations amid DOJ scrutiny
Data center owner Equinix disclosed it launched an independent investigation to review matters referenced in a recent short seller report that also caught the attention of the Department of Justice.
-
Premium
ICO primed for enforcement increase behind new fining guidance?
The Information Commissioner’s Office updated its data protection fining guidance to provide companies with greater transparency and clarity about how and why it would issue penalties for a breach of the U.K. General Data Protection Regulation or Data Protection Act 2018.
-
News Brief
SEC charges attorney over independence violations post-compliance engagement
The Securities and Exchange Commission charged a New York-based attorney for allegedly engaging in improper conduct by violating her obligations to remain independent after preparing an independent compliance report for a company.
-
Blog
Fifth Third appoints chief sustainability officer
Fifth Third Bank announced Pratik Raval as chief sustainability officer.
-
Blog
Dynex Capital adds ex-DTCC risk chief to board
Financial services company Dynex Capital announced its board of directors appointed Andrew Gray, who most recently served as group chief risk officer for Depository Trust and Clearing Corp., as an independent director.
-
Blog
Cirba Solutions announces legal chief
Battery recycling and battery materials company Cirba Solutions announced the appointment of Jake Wilson as chief legal officer.
-
Blog
ATI names general counsel, chief compliance officer
ATI, a producer of materials and solutions for the global aerospace and defense markets, named Vaishali Bhatia as senior vice president, general counsel and chief compliance officer.