Random thoughts about corporate compliance and ethics while waiting for Russian operatives to set up a meeting with me rather than Donald Trump Jr… A compliance officer in financial services recently suggested to me that AML compliance functions should be merged with cybersecurity. After all, he said, both groups seek to identify the true intentions…
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The good news for compliance officers, as you may have already heard, is that we have another FCPA enforcement action under the Trump Administration— and yet again it’s a decision not to prosecute, because the company in question met all the criteria of the FCPA Pilot Program. The company is CDM Smith, a privately held…
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This week’s Compliance Jobs Report starts with the resignation of the government’s top ethics officer. We also have compliance officer appointments at Shire and SNC-Lavalin, and internal control news at the Haier Group and at Melco— plus a slew of moves among the vendors and service providers catering to GRC customers. Read on! I gather…
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Nothing says “America!” these days like righteous indignation at a fellow American doing something we don’t like. So as we return from our Fourth of July holiday, let’s all give thanks to one American who cultivates that spirit and gives chief compliance officers a great example to cite next time you’re talking with the CEO…
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Another busy Compliance Jobs Report this week! New compliance and risk officers at Humana, Bank of the West, and Funding Circle; promotions at Tata Motors, Teva Pharmaceuticals, and Standard Chartered; and lots of other move around the industry. This week’s jobs report was delayed one day to make room for our outstanding interview with Hui…
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The Hui Chen hit parade continues! Today the corporate compliance community can, finally, hear her thoughts on the one subject Chen hasn’t yet discussed publicly: the actual love and care of corporate compliance programs. I spoke with Chen earlier this week, and you may already know her backstory. She was hired in October 2015 as…
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Two weeks ago we had our first FCPA enforcement action under the Trump Administration: a decision not to prosecute Linde Corp., a German chemical company that confessed sketchy transactions a subsidiary made with officials from the Republic of Georgia nearly 10 years ago. As the first FCPA action we’ve seen in the Age of Trump,…
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Hui Chen, the Justice Department’s now-former compliance counsel who raised eyebrows with her social media jabs at the Trump Administration, finally spoke over the weekend, saying she left her job because “holding companies to standards that our current administration is not living up to was creating a cognitive dissonance that I could not overcome.” Chen…
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We have another doozy of a Compliance Jobs Report this week. Lots of personnel turnover in the Fraud Section in the Justice Department (farewell, Hui Chen); plus compliance officer news at JBS, Crane Co., Fresenius Medical, Allergan, and elsewhere. And don’t forget, SCCE wants some lucky compliance officer to be its next CEO. I gather…
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Good news for all you compliance professionals secretly intrigued by those stoners from Pineapple Express: compliance in the cannabis industry is shaping up to be a fascinating, and possibly lucrative, career niche. Earlier this week I caught up with Amy McDougal, a compliance consultant at CLEAResources who recently gave a presentation to members of the…
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