report

Compliance professionals involved in corporate training, watch this development: President Trump has ordered federal agencies to review their training programs and cancel any diversity training that contains certain keywords or concepts the White House deems “un-American propaganda.”  The Office of Management & Budget, which acts as the managerial conduit between the White House and the…

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compliance jobs

What better way to begin Labor Day Weekend than reading the Compliance Jobs Report? This week we have news from the SEC, Robinhood, a bunch of healthcare systems, a few universities, some cryptocurrency startups, and more. Job openings to note from California to Switzerland, and our Meme of the Week goes out to return-to-work plans.…

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sox

SOX compliance professionals trying to find your place in the world may want to read the latest survey from the SOX Professionals Group. It’s full of benchmarking statistics about the challenges of Sarbanes-Oxley compliance this year and the technologies compliance teams are eyeing to get the job done.  The report, “2020 State of SOX &…

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herbalife

Herbalife, that multi-level marketing business selling dietary supplements that absolutely totally isn’t a pyramid scheme, has agreed to settle FCPA charges by paying $123 million in disgorgement and penalties and accepting a deferred-prosecution agreement for three years.  Federal prosecutors announced the settlement Friday. It includes a $55 million criminal penalty going to the Justice Department,…

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whistleblower

The Securities and Exchange Commission will vote next week on reforms to its whistleblower rewards program, more than two years after the reforms were first proposed, and which still have the potential to complicate your pursuit of a strong speak-up culture. The vote is scheduled for Wednesday, Sept. 2. In theory compliance professionals will be…

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compliance jobs

Another belly-buster of a Compliance Jobs Report, with more than two dozen new hires, promotions, and other personnel news of note. A new CCO at Baker Hughes, two hires at Assurant, even two items from New Zealand in one week! We have job openings in tech, healthcare, and healthcare tech; plus our Meme of the…

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falwell

The Lord works in mysterious ways, and compliance professionals witnessed that again this week. The Supreme Being sent us a flock of governance lessons to consider from the downfall of Jerry Falwell Jr., who just resigned as president of Liberty University amid a sex scandal. Falwell had been leader of the evangelical college since 2007.…

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due diligence

Banking regulators have published fresh guidance about how financial firms should perform due diligence on “politically exposed persons” — stressing that you don’t need to take extra steps simply because a customer is a PEP, although banks do need to understand the higher corruption risks PEPs can pose.  The guidance is a joint statement from…

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compliance jobs

The Compliance Jobs Report this week has a new compliance lead at YouTube; other new hires at Stryker, Biogen, and Seniorlink; plus a flock of risk officer hires at Wells Fargo. A few folks are going the consulting route, we have three job openings to note, and our Meme of the Week goes out to…

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fcpa

The Justice Department has published its first FCPA Opinion Release in six years, saying a U.S. investment adviser does not need to worry about paying a $237,500 fee to the banking subsidiary of a foreign government for services rendered. FCPA Opinion Releases are short Justice Department analyses of specific fact patterns that might leave a…

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