Capital One Whacked on AML Failures

By Matt Kelly | January 17, 2021 |

Talk about mistakes that come back to haunt you: Capital One just agreed to pay a $390 million penalty for anti-money laundering compliance failures in a check-cashing unit the bank hasn’t even owned for seven years.  The settlement was announced by FinCEN last Friday. The 22-page statement of facts is a tale of poor risk…

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compliance jobs

Compliance Jobs Report: Jan. 15

By Matt Kelly | January 15, 2021 |

Another big and brisk Compliance Jobs Report. We have new hires at Sephora, BitGo, Torc Robotics, Facebook and several others; plus a bundle of promotions and a chief compliance officer joining a corporate board. (More of that, please.) Job openings in entertainment, industrial equipment, and underwear; and our Meme of the Week goes out to…

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Radical Compliance

Radical Compliance Turns 5

By Matt Kelly | January 14, 2021 |

We interrupt our usual stream of news and analysis about corporate compliance to note a milestone: Radical Compliance turned five years old the other day, and this post is our 1,000th piece of content for the community we love so much. Our very first post was published on Jan. 1, 2016, announcing Radical Compliance to…

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Trust

2021 Edelman Report: Businesses Have Trust

By Matt Kelly | January 13, 2021 |

The Edelman Trust Barometer for 2021 just dropped today, and it continues to be a thought-provoking document for ethics and compliance professionals. The bottom line: people around the world distrust just about every institution except their own employer. So corporate compliance officers should turn that point to your advantage. The Edelman report arrives every January,…

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About Us

Technically, Radical Compliance is the personal blog of Matt Kelly, long-time writer and observer of the corporate compliance and GRC scene. I was a writer, editor, and publisher at Compliance Week, 2003 through 2015; some of you may know me from my career there. I also speak frequently at compliance conferences and other events, and will pretty much shoot the breeze on any compliance topic with anyone who asks.

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