Posts by Matt Kelly

Compliance Jobs Report: Nov. 30

Compliance jobs

The Compliance Jobs Report this week has promotions at Simplot and Teva Pharmaceuticals; plus new hires at several healthcare systems; and a spate of compliance professionals leaving the field — including one CCO taking over a symphony! Plus our usual rumors about new jobs, the Meme of the Week, and more! I gather these bits…

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More DOJ! New Cooperation Policy

cooperation

More news from the Justice Department on corporations cooperating with criminal investigations: from now on, prosecutors will only insist that companies identify individuals “substantially” involved with the misconduct in question, rather than everyone involved. So says deputy attorney general Rod Rosenstein, who announced the new policy on Thursday at the annual FCPA Conference happening in…

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DOJ Plugs Cooperation, Compliance

compliance

All eyes in the compliance community might be the annual FCPA Conference happening in Washington right now, but compliance professionals might also want to note a different speech given across town Wednesday by John Cronan, deputy assistant attorney general. Cronan popped up at a Practising Law Institute event to talk about companies cooperating with law…

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Thoughts on Compliance, AI, and AML

AI

Accenture published a report Tuesday speculating on the future of financial markets for the next few years, with some thought-provoking points for compliance officers mired in anti-money laundering compliance. First, Accenture estimates the overall cost of risk and compliance for the financial sector at roughly $96 billion annually, and the cost of AML compliance specifically…

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Amazing: A Family Dog and Its CCO

Sometimes corporate compliance officers need to cheer on one of their own, and this is one of those times: the touching (and amazing) story of Lesmore Willis, chief compliance officer at Westchester Cerebral Palsy in New York. Willis and his family were reunited this past weekend with their dog Sinatra, which had disappeared 18 months…

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Compliance Jobs Report: Nov. 23

compliance jobs

We have an abbreviated Compliance Jobs Report this Thanksgiving week but still plenty of news! Several audit and compliance hires in the insurance world, promotions at Halvorson, the Casino Group, and Axalta Coatings; and has anyone noticed that Uber is hiring for, like, a zillion compliance, privacy, and legal roles? I gather these bits of…

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SEC Lists Rules for Review

SEC

The Securities and Exchange Commission quietly proposed Wednesday afternoon to review whether dozens of corporate governance and proxy rules should apply to small filers: everything from executive compensation disclosure, to posting proxy materials online, to shareholders’ ability to nominate board directors, and more. The timing of the notice — posted just a few hours before…

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Compliance Thanks in 2018

thankful

The day before Thanksgiving is all about slow-rolling your way to early dismissal, so let’s pass the time listing all that we’re thankful for in corporate ethics and compliance this year. I’ll start. I’m thankful for compliance professionals who update your LinkedIn profiles promptly. You are what makes the Compliance Jobs Report a success. I’m…

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SEC Dings Vantage $5M on FCPA Issues

fcpa

Texas-based Vantage Drilling International has agreed to pay $5 million in disgorgement to the Securities and Exchange Commission for sloppy FCPA accounting controls that let the company’s largest outside director and various third parties pay bribes to Brazilian government officials in the 2000s. The SEC’s settlement order recounting the failures reads like a long, torturous…

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Homecoming: Best New Show Starring Compliance

Carrasco

Compliance and audit professionals can rejoice at yet another pop TV show that captures what you do so brilliantly: Homecoming, a stripped-down, fast-paced drama on Amazon where the action rests on the shoulders of a Defense Department compliance officer. The stars of the show are Julia Roberts, who plays troubled social worker Heidi; and Bobby…

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