compliance jobs

Compliance Jobs Report: March 15

By Matt Kelly | March 15, 2024

This week the Compliance Jobs Report has new hires at Lowe’s, Renishaw, Cox Enterprises, and more; plus a notable retirement from NRG Energy and a slew of promotions to report. We have job leads engineering, banking, and microchips, and Meme of the Week goes out to compliance officers handling ESG. Always remember that we need…

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risk

A Convergence of Risk Disclosure

By Matt Kelly | March 14, 2024

Like many other people, last week I read the SEC’s new requirements for disclosure of climate change risks with a sense of trepidation. The more I studied them, however, the more I felt something else: a sense of déjà vu.  Like, has anybody else noticed how similar these disclosure requirements are to those that the…

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AI

Justice Department Eyes AI Risks

By Matt Kelly | March 13, 2024

Last week the Justice Department announced that it will cast a more critical eye at abuses of artificial intelligence. Today let’s unpack what that news means for compliance officers in practice, and how you might need to adjust your compliance program to accommodate this brave new AI world. The pledge about increased scrutiny of AI…

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gunvor

Gunvor, Part II: Monitor Questions

By Matt Kelly | March 11, 2024

Today let’s return to that mammoth FCPA settlement the other week against Swiss trading giant Gunvor, because one detail about the case seems quite puzzling. How does a recidivist offender with egregious FCPA violations avoid a compliance monitor? We didn’t get to explore that issue in our original post about Gunvor, but I’ve been reading…

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compliance jobs

Compliance Jobs Report: March 8

By Matt Kelly | March 8, 2024

The Compliance Jobs Report this week has updates from Ericsson, Cisco Systems, Northeastern University, Takeda, Revlon, Broadcom, and many more. Our job leads are in food, pharma, and medical devices, and Meme of the Week goes out to Victoria Beckham! Always remember that we need your help to make the Report work, so send me…

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whistleblower

Justice Dept. Launches Whistleblower Program

By Matt Kelly | March 7, 2024

The Justice Department is climbing aboard the whistleblower awards bandwagon, with a new program it plans to launch later this year offering monetary awards to whistleblowers akin to what numerous other federal agencies already do. Deputy attorney general Lisa Monaco made the announcement Thursday while speaking to the American Bar Association’s white-collar crime conference in…

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AI

ChatBots, Compliance, and Risk

By Matt Kelly | March 7, 2024

Today I want to return to everyone’s favorite technology of the moment, artificial intelligence. To what extent could compliance officers incorporate AI chatbots into their Code of Conduct or internal reporting hotlines?  This has been on my mind lately because Air Canada recently gave us a fascinating example of the consequences of AI gone wrong.…

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climate

SEC Adopts Climate Disclosure Rule

By Matt Kelly | March 6, 2024

The Securities and Exchange Commission has finally adopted its rule for disclosure of greenhouse gas emissions and climate risks, voting Wednesday to impose the rule but dropping its original (and most controversial) proposal that companies would need to calculate and report greenhouse gasses caused by their supply chains. The vote fell along the SEC’s usual…

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gunvor

Swiss Trader Gunvor Pays $661M on FCPA Fails

By Matt Kelly | March 3, 2024

Our latest FCPA enforcement action is a $661 million monster against Swiss trading firm Gunvor, which has pleaded guilty to bribing Ecuadorian government officials through the 2010s in exchange for intelligence about upcoming business contracts with the state-owned oil company of Ecuador. The Justice Department announced the settlement last Friday, along with a companion settlement…

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Compliance jobs

Compliance Jobs Report: March 1

By Matt Kelly | March 1, 2024

The Compliance Jobs Report is back after a week off, so we have lots of news today. That includes updates from the former CCO of Twitter; news from Warner Bros. Discovery, Parsons Corp., SAP, Honeywell, and more. Job leads this week are in higher education, payments, and entertainment, and Meme of the Week goes out…

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