OK, the inevitable has happened. President Trump has issued an executive order directing the Justice Department to halt all enforcement of the Foreign Corrupt Practices Act and devise new enforcement guidelines for future prosecution. Let’s all take a deep breath, and then move on to consider the implications for corporate compliance programs. Is Trump’s anti-anti-corruption…
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I didn’t expect to write another post so soon on the deregulatory shenanigans of the Trump Administration and the implications for compliance officers, but already we have an example too perfect to ignore: the Consumer Financial Protection Bureau, and the deep freeze that agency entered this weekend. In case you missed it, on Saturday night…
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We now have more clarity on attorney general Pam Bondi’s plan to overhaul Justice Department enforcement priorities — and yes, it’s going to be a big retreat from holding corporations accountable for certain types of misconduct, while the department spends more time prosecuting drug cartels, illegal aliens, and organizations with DEI programs. Bondi first announced…
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Another brisk Compliance Jobs Report! We have new hires at ZenDesk, University of Arizona, Acuity Brands, FlagStar Bank, and many more. Promotions to report at Aramco, AT&T, Bon Secours, Saab, and elsewhere; and job leads are in artificial intelligence, mortgages, and equipment manufacturing. Meme of the Week goes out to AI too! Always remember that…
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Well that didn’t take long: on the same day that Pam Bondi was sworn in as the next U.S. attorney general, Bondi issued a flurry of policy memos that will have the practical effect of taking several big steps back from enforcement of corporate misconduct laws. Bondi arrived at the Justice Department on Wednesday afternoon…
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Most compliance officers will at some point in their careers find themselves needing to turn around an under-performing corporate compliance program. So today we have another Radical Compliance podcast interview, this time with a compliance officer who styles himself as a “turn-around specialist.” He had plenty to say about how to get under-performing programs back…
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Don’t look now, compliance professionals, but remember the DOGE commission’s promises to streamline federal regulation and improve efficiency? That’s all falling apart. Now it’s just another Elon Musk slash-and-burn campaign to break everything and let others clean up the mess. At least some of those others will likely be you. It seems like just weeks…
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FINRA, the regulator for broker-dealer firms, published its annual report on regulatory oversight issues this week — and to little surprise, the report included a section on third-party risk and the internal controls that your firm should consider to keep those risks in check. The advice is useful to anyone in any business sector, so…
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The Compliance Jobs Report this week has new hires to note at Avanos Medical, TD Bank, Palo Alto Networks, Honeywell, and many more. We also have promotions at BNY, Cash App, and elsewhere; plus job leads in banking, defense contracting, and the best engineering school in the world. Meme of the Week goes out to…
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Good news for compliance officers who believe our great and noble profession should be running the country: An ethics and compliance professional at Medtronic won a special election on Tuesday for state senate in Minnesota! Doron Clark, senior director of ethics, training, and communications at Medtronic, cruised to victory, winning roughly 90 percent of the…
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