Menu5/23/18: In a major FCPA settlement, Panasonic Avionics agreed to pay a criminal fine of $137 million, pay $143 million in disgorgement and retain a compliance monitor for two years.
That might be a lesson to Panasonic Avionics, but the lessons from the case may be far more important to other organizations.
Compliance Communications Blog
Compliance Wave
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May 23, 2018 •
May 23, 2018 •
5/23/18: The recently released 15th EY Global Fraud Survey produced some discouraging findings. According to the Survey, 38% of the approximately 2500 executives across 55 countries reported that corruption occurs widely in business. That’s not the most discouraging finding.
May 16, 2018 •
5/16/18: Today’s world of supply chain risk is transformed. Thanks to the rise of internet technology and “the cloud,” companies now source services in their supply chains, as well as goods. That means more companies now have more suppliers, fulfilling a wider assortment of needs — each one, a potential source of risk.
May 08, 2018 •
5/8/18: In a Client Memorandum published on April 13 on its website, law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP provides a review of FCPA enforcement and anti-corruption developments. The authors note a decline in enforcement actions consistent with Deputy Attorney General Rod J. Rosenstein’s statements
May 08, 2018 •
5/8/18: Is your company ready for the General Data Privacy Regulation (GDPR), which goes into effect on May 25? Maybe not. According to a recent survey, some 60% of organizations subject to GDPR are not confident that they will be compliant with the new regulation by that time.
