\You may have heard by now that earlier this week, regulators filed a lawsuit against cryptocurrency trading platform Binance. I just read the complaint, and have good news: however whacko your own company’s bad habits might be, the allegations against Binance are way more crazy. The regulator responsible for this bombshell of bizarreness is the…Read More
Compliance officers have a lot to ponder in the Justice Department’s recent updates to its guidance for corporate compliance programs. The most demanding issue, however, might be how the department wants companies to handle employees’ use of messaging apps. It’s going to be quite the challenge. Clearly messaging apps are a priority for the Justice…Read More
This week the Compliance Jobs Report notes new compliance leaders at Mastercard and Danske Bank; chief audit executive moves at CVS Health and University of Utah; and other promotions and personnel moves elsewhere. Job leads this week are in medical devices, cash, and consumer goods. Meme of the Week goes out to defective compliance programs!…Read More
Still wondering what the Justice Department means when it says it wants “immediate” self-disclosure of corporate misconduct and “extraordinary” cooperation and remediation for severe FCPA cases? Good news: we now have a bit more understanding of those terms, straight from the Justice Department official who coined them. Assistant attorney general Kenneth Polite, who has been…Read More
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.