Folks, we need to have a conversation about all these legal bulletins, marketing emails, and conference agendas declaring that enforcement of the Foreign Corrupt Practices is now somehow “back,” simply because the Justice Department released guidelines the other week explaining how it will consider FCPA enforcement from here forward. Snap out of it. FCPA enforcement…
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Today we return to Boeing and the various steps it’s been taking to improve its safety and compliance culture. The company discussed those steps in an “aerospace safety report” Boeing released a few weeks ago, with lots of material on how Boeing is trying to improve its speakup culture. Let’s take a look. Boeing has…
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This week the Compliance Jobs Report has new hires at T-Mobile, United Airlines, Solventum, Ericsson, Citibank, and many more. We also have promotions at Fannie Mae, Walmart, iRobot, and elsewhere; plus job leads in electric vehicles, nuclear power, and industrial equipment. Meme of the Week goes out to AI productivity gains! Always remember that we…
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Corporate compliance officers are always interested in regulatory enforcement actions against one of their own, so today let’s take a close look at an enforcement action against two compliance officers handed down earlier this week for poor oversight of their firm’s compliance program. The enforcement action came from FINRA, the regulator for broker-dealer firms. The…
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Every organization says it wants to get better at managing risk, even though lots of organizations struggle to achieve that goal in practice. Now a new report has flagged some of the possible obstacles to strong risk management, which in turn raises some interesting questions about how risk management teams might overcome said obstacles. The…
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A private equity firm in Texas has avoided prosecution for egregious sanctions violations committed by one of its portfolio companies, in a case that offers all sorts of lessons about corporate compliance in the Trump 2.0 Administration. Let’s take a look. The PE firm in question is White Deer Management, which in 2020 acquired a…
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Another big Compliance Jobs Report this week. We have an update on the former CCO at Ferrari, two compliance folks leaving Victoria’s Secret, new hires at RealPage, Intuitive, Loews, Moneycorp, and Revolut; and a slew of promotions. Job leads are in banking, economic development, and utility poles; and Meme of the Week goes out to…
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Well, the Justice Department has published its much-anticipated guidelines for future enforcement of the Foreign Corrupt Practices Act — and honestly, they’re a bit anticlimactic. Nothing in the new policies should surprise anyone who’s been paying attention, and nothing in them should change your compliance program all that much. The policy changes came in two…
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By now you may have seen one of numerous media reports recently that artificial intelligence is poised to decimate the white-collar job market in coming years. I’m not sure I agree with those dire reports, but clearly AI is going to transform how white-collar workers — such as compliance and audit professionals — arc through…
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This week we have a few compliance hires at Tyson Foods, plus other hires at Unisys, Fanatics, American Express, Eaton, and many more. We also have promotions to note at TYLin, SwissRe, TeraCloud, Nokia, and elsewhere. Albemarle is recruiting for a new CCO, and other job leads are in real estate and healthcare. Meme of…
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