5/13/2015: “Due diligence screening of existing or new third parties is just an initial step – it is not an end unto itself. Assuming that the third-party passes the due diligence review, there are a number of continuing obligations needed to manage risk.” That’s the central point of Michael Volkov’s recent post on the...
5/13/2015: Speaking before the Garrett Institute at Northwestern University’s School of Law, SEC Chair Mary Jo White focused on the past four years of the Commission’s whistleblower award program. Okay, so the topic might not rank high on the list of exciting subject matter, but White’s speech was definitely worth the price of...
5/13/15: There are new sentencing guidelines for fraud cases, becoming effective in November 2015. An article by Randall Eliason published on the Sidebars website explains some of the amendments that will come into play. According to Eliason, several of the amendments focus specifically on the guideline for economic crimes...
4/29/15: The Financial Crimes Enforcement Network (FinCen), part of the US Treasury, has imposed more stringent requirements on some 700 Miami-area electronics exporters located in Miami, Florida. The action was taken, according to FinCen, to “… shed light on cash transactions that may be tied to...
4/29/15: An article posted on the CEB blog by Will Poats aims an important spotlight on middle managers and costly decisions in areas including corruption, global fraud, anti-trust and data privacy compliance failures. According to Poats post, CEB research of US federal settlements show an average cost...
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