Posts by Matt Kelly
Wynn Resorts Monitor Releases Report
Compliance officers looking for something good to read, look no further! Massachusetts regulators have released a preliminary report from the compliance monitor overseeing troubled casino business Wynn Resorts, with glimpses into everything from tone at the top, to policies and procedures, third-party oversight, internal controls, and more. The 118-page report became public as part of…
Read MoreCFTC Stresses Compliance Programs
The Commodity Futures Trading Commission updated its enforcement manual last week for the first time in 26 years, with a heap of attention paid to the importance of corporate compliance programs when firms are looking to reduce potential monetary penalties. The update, published as a four-page memo from the CFTC Enforcement Division on May 20,…
Read MoreCompliance Jobs Report: May 22
The Compliance Jobs Report this week has the new CCO at Boeing, layoffs in compliance staff at Uber, a new risk and compliance boss at Moderna Therapeutics, and a bunch more promotions and new hires. Notable job openings this week include a CCO role for a disaster relief group, and our Meme of the Week…
Read MoreNew COSO Risk Appetite Guidance
News for all you guidance enthusiasts: COSO just released a 40-page primer on how to define your organization’s risk appetite, and then weave that risk appetite into corporate strategy and decision-making. The booklet is available for free on the COSO website, and is the latest in a series of smaller, focused pieces of guidance that…
Read MoreMassachusetts’ Covid-19 Attestation
The state of Massachusetts has unveiled its plans to resume business activity after 10 weeks of Covid-19 lockdown, complete with a step that compliance professionals may see more often: a compliance attestation poster that every business will need to display publicly and prominently. The poster certifies that the business in question has taken four steps…
Read MoreCompliance Jobs Report: May 15
Another busy Compliance Jobs Report this week. News from Wirecard, Wedbush Securities, Getinge, Sandoz, Allianz, Nike, and many more. We also have a few work anniversaries to note, a job opening of particular interest to moms, and our Meme of the Week goes out to policy management mavens. A special thanks this week to all…
Read MorePodcast: The Compliance Jobs Market
Last week we published the largest Compliance Jobs Report ever, with two dozen compliance professionals moving into new companies or new roles across a range of industries and geographic locations. That was great news, but also surreal — falling on the same day that we saw unemployment jump to 14.7 percent in the United States,…
Read MoreReport Flags Higher Ed, Deemed-Export Issues
Government auditors released a report Tuesday flagging several weaknesses in “deemed export” compliance at colleges and universities, although the report also chided the Defense Department, FBI, and other security agencies for not doing enough to help higher education understand its deemed-export duties. The Government Accountability Office released a review of the export compliance programs at…
Read MoreWalmart Ex-Compliance Officer Sues Over FCPA Case
A Walmart compliance officer who helped to uncover the company’s FCPA scandal nine years ago has filed a lawsuit against the retailer, accusing executives there of firing him on trumped up charges because he refused to water down his report about the corruption he found. Shane Perry, who worked for Walmart from 2002 until he…
Read MoreCompliance Jobs Report: May 8
The Compliance Jobs Report has deep sympathy for everyone suffering unemployment today. As surreal as it may seem, however, we’re happy to present our largest jobs report ever — dozens of compliance professionals promoted or landing new jobs, across a range of industries and countries. Our Meme of the Week goes out to everyone performing…
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