All Compliance Week articles in Web Issue – Page 83
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PremiumPublic consultation on GDPR opens door for changes
Feedback from a European Commission consultation on the six years of enforcement of the General Data Protection Regulation could result in tweaks to the rules and potential changes to the way data protection authorities enforce them.
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EventVirtual Roundtable: What to make of new DOJ corporate enforcement priorities
Compliance Week is hosting a virtual roundtable during which experts will break down recent policy changes at the Department of Justice and what they mean for corporate compliance programs.
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News Brief
TIAA unit to pay $2.2M for Reg BI lapses
A subsidiary of the Teachers Insurance and Annuity Association of America agreed to pay more than $2.2 million as part of a settlement with the Securities and Exchange Commission for not acting in the best interest of its retail customers regarding their retirement accounts.
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News BriefVanEck fined $1.8M over influencer promo nondisclosure
Van Eck Associates agreed to pay $1.75 million as part of a settlement with the Securities and Exchange Commission regarding its alleged failure to properly disclose the planned involvement of a social media influencer in the launch of an exchange-traded fund.
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PremiumQ&A: ManpowerGroup compliance director on CSRD prep efforts
James Levey, compliance director at global recruitment agency ManpowerGroup, discusses with Compliance Week his focus on preparing the group’s European operations to gather the data required for compliance with the EU’s Corporate Sustainability Reporting Directive.
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PremiumLRN survey: Compliance programs shifting focus from bribery, corruption
Many ethics and compliance programs have refocused their efforts away from bribery and corruption and onto data security and privacy, complex government regulations, artificial intelligence security, and other contemporary challenges, a survey from LRN found.
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Blog
Deepwatch names first general counsel
Managed security platform Deepwatch announced Shane McGee joined its executive team as general counsel and chief privacy officer.
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Blog
Revlon announces general counsel
Cosmetics and hair care company Revlon Group Holdings announced David Schwartz was appointed general counsel.
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Blog
Hispanic National Bar Foundation appoints Velocity legal chief as president
The Hispanic National Bar Foundation appointed Justin Carlson, Velocity Solutions’ chief legal officer and general counsel, as its president.
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Blog
Garrett Motion names Trane Technologies sustainability chief to board
Automotive technology provider Garrett Motion announced the appointment of Paul Camuti, executive vice president, chief technology and sustainability officer of Trane Technologies, to its board of directors.
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News BriefLincare to pay $26M over Medicare billing violations
Lincare, a supplier of durable medical equipment, agreed to pay $25.5 million to settle allegations it billed federal health programs for the rental of ventilator machines after patients no longer needed to use them.
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News BriefMorgan Stanley fined $1.6M by FINRA over municipal securities closeouts
Morgan Stanley will pay a $1.6 million fine levied by the Financial Industry Regulatory Authority for failing to close out certain municipal securities transactions over a five-year period.
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News BriefCFTC appoints new head of whistleblower office
The Commodity Futures Trading Commission appointed Brian Young as director of its whistleblower office.
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PremiumFinCEN head: Agency seeking to educate, not punish, BOI reporters
The Financial Crimes Enforcement Network will focus its attention regarding compliance with its new beneficial ownership reporting requirements on education and outreach during the first year of implementation, although “willful violations” will still merit punishment.
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News BriefEx-Sterling Bank GC cited by OCC over BSA-related failures
The Office of the Comptroller of the Currency issued a cease-and-desist order against the former general counsel at Sterling Bank and Trust for not ensuring the institution’s Bank Secrecy Act compliance and failing to timely file suspicious activity reports.
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PremiumDAG Monaco: AI to be top DOJ enforcement priority
The Department of Justice will seek stiffer penalties in cases where the threat of misconduct was greater because of misuse of artificial intelligence, according to Deputy Attorney General Lisa Monaco.
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Blog
AADR adds JG Wentworth CCO to executive board
The American Association for Debt Resolution added Lori Lasher, JG Wentworth’s executive vice president, chief legal officer, chief compliance officer, and general counsel, to its executive board of directors.
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Blog
Kafene appoints general counsel
Kafene, a point-of-sale leasing platform, announced the appointment of Vin Thomas as general counsel and corporate secretary.
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Blog
GoDaddy adds legal chief
Web hosting company GoDaddy will welcome Jared Sine as its chief strategy and legal officer.
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Blog
Bank of Sydney names risk chief
Australia-based Bank of Sydney announced the appointment of Kieran McKenna as chief risk officer.