Compliance Communications Blog

 

"The Value of Unexpected Questions"

 

6/30/15: Sometimes hearing an unexpected observation or question provides more results than hearing an answer to a familiar question. Jeff Kaplan, who edits the Conflict of Interest blog, knows a lot about compliance, corruption, and conflicts of interest. So, when he writes about an observation - “In my nearly 25 years...

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"700 Miami Businesses Under Added FinCen Orders"

 

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...

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"Failure to Prevent"

 

4/14/15: An article on Out-Law.com provides companies with an important heads up about a new criminal offence in the UK for companies that “… fail to prevent employees or agents committing economic crime …” The article quotes Laura Dunseath of law firm Pinsent Masons (which hosts Out-Law.com) , who says...

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"FinCEN's Advisory Aims at Culture"


10/15/14:
The Financial Crimes Enforcement Network (FinCEN) is not amused by recent enforcement actions against financial institutions. According to a post by Michael Volkov on 
Corruption, Crime & Compliance,  FinCEN’s frustration is based on what the agency believes are the “paper compliance programs” used by many financial institutions...

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"Does a Trade Sanction Settlement Trump Monday-Laundering Charges?"


10/1/14:
A new investigation into allegations of money laundering could derail a settlement with Germany’s Commerzbank to resolve US trades sanction violations.  A post by Richard L. Cassin on the FCPA Blog reviews an article in the Wall Street Journal (a link is provided but access to the WSJ requires a subscription) about...

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