Menu6/25/18: In the first coordinated resolution of an anti-corruption case with French authorities, Societe Generale entered into an agreement with the US DOJ and the Parquet national Financier to settle criminal charges into the company’s role in paying bribes to Libyan officials and manipulating London InterBank Offered Rates (LIBOR).
Compliance Communications Blog
Jun 25, 2018 •
6/25/18: In May 2018, the EU Parliament and member stated agreed to rules that strengthen the European Union’s efforts to counter money laundering. A post by Lindsay Columbo on The FCPA Blog highlights the three main measures contained in the new rule.
Jun 12, 2018 •
6/12/18: More than 40 million people are victims of modern slavery. The Global Business Coalition Against Human Trafficking (GBCAT) is committed to doing something about modern slavery. An article on the GBCAT website by Peter Nestor explains an initiative by GBCAT and its partners the UN Global Compact and the RESPECT Initiative, to assist other organizations in addressing the issue.
Jun 12, 2018 •
6/12/18: PwC’s 2018 Global Economic Crime and Fraud Survey has its usual share of revelations. First, 49% of the organizations it surveyed around the world reported that they had been the victims of fraud and economic crime. Perhaps even more alarming: 52% of all frauds are committed by people inside the organization.
Jun 12, 2018 •
6/12/18: We’ve all been confronted by those pesky HIPAA notices that seem to pop up with every visit to every medical professional. By now, we know that HIPAA is just part of the medical experience – but it isn’t just the healthcare industry that is subject to HIPAA compliance. An article posted on JDSUPRA carries the ominous title, “Beware: HIPAA Applies to the Health Plans You Never Knew You Had.”
