fcpa

The corporate compliance community had a surprise moment of mainstream media attention on Friday, when Trump Administration chief economic adviser Larry Kudlow told reporters the Administration is “taking a look at” the Foreign Corrupt Practices Act and is considering potential reforms. This led to a wave of speculation on Twitter and the press that the…

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deregulation

Cool your jets, all you compliance professionals who might be giddy at President Trump’s latest broadside over government regulation — most of the regulatory guidance you encounter on a daily basis is not covered by what Trump announced this week. For those who missed it, Trump issued two executive orders Wednesday meant to curb the…

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trump

Allegations of misconduct by the CEO are the most difficult issue an audit or compliance professional will ever face. That’s why we should study the latest scandal in Washington, that President Trump implored his counterpart in Ukraine to investigate former vice president Joe Biden. It’s a fascinating glimpse into just how difficult investigations of CEO…

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We return today to leadership lessons from President Trump, who has given us another example of how not to lead large organizations. Compliance professionals who care about developing a speakup culture should take note, since Trump’s behavior illuminates several important points about the relationship between CEO and employees. The incident in question is, of all…

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Trump

Setting corporate strategy and regulatory compliance has never easy during the Trump Administration, and an article from the New York Times earlier this week demonstrates why that’s so. The article is worth a compliance officer’s time, since it’s quite possible we’re about to enter a period of even greater regulatory and political mess. The piece…

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law

We rarely report personnel news outside the Compliance Jobs Report on Fridays, but this one is worth it: President Trump has nominated Walmart’s head of anti-corruption compliance to serve as a federal judge in Arkansas.  The nominee is Lee Rudofsky, who has been Walmart’s head of anti-corruption compliance for one year. Rudofsky also served as…

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deregulation

The Trump Administration launched a new plan Thursday to bring federal rulemaking under more direct White House control, where all proposed rules — including those from independent agencies such as the SEC, which historically have had more rulemaking freedom — will be subject to review from White House officials. The Office of Management and Budget…

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compliance

All right, corporate compliance officers: the midterm congressional elections are over. We can now start dissecting what the results mean for corporate conduct and risk issues for the next two years. That the Democrats took back the House by a margin smaller than they wanted, but large enough to win — well, that’s not news.…

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interior

Chalk up another victory for independent audit and oversight: a Trump Administration political appointee poised to take over as inspector general of the Interior Department quit on Friday, amid outcry that she was only getting the job to undermine investigations into Interior Secretary Ryan Zinke’s doings. The inspector who never was, Suzanne Israel Tufts, fled…

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deregulation

Fresh news on the regulatory compliance front: banking regulators published a bulletin on Tuesday clarifying the role of the supervisory guidance they issue, to remind everyone that violating points raised in guidance documents is not an automatic compliance failure unto itself. This is in step with the Trump Administration’s larger effort to defang “sub-regulatory guidance”…

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