Protiviti: Demand for added attention to high-risk processes, growing costs and the increasing role of IT controls and testing reports are some of the key changes and challenges companies faced over the last year as they worked to meet SOX requirements…
Corporate Compliance, Ethics and Audit News
Ranbaxy Pleads Guilty; Will $500 Million to Resolve False Claims Allegationsand False Statements to the FDA
In the largest drug safety settlement to date with a generic drug manufacturer, Ranbaxy USA Inc. pleaded guilty to felony charges relating to the manufacture and distribution of certain adulterated drugs made at two of Ranbaxy’s manufacturing facilities in India.
Southern Illinois University’s Mike Koehler argued against deferred and non prosecution agreements at a recent Corporate Crime Reporter conference…
Commentators have speculated since the appointment of Mary Jo White as SEC Chair that there would be a new emphasis on enforcement.
Germany’s largest steelmaker by output said it has introduced an amnesty program, guaranteeing workers exemption from punishment if they help expose and clear up legal infringements and compliance violations.
Conselium, an executive search firm, has completed a search on behalf of Syngenta Crop Protection AG. Mr. Dominic Sheils began his role of Compliance Officer on May 1, 2013 in their office in Basel, Switzerland.
The government’s complaint seeks damages and civil penalties under the False Claims Act
Company resolves allegations that it violated the FCPA Act by bribing government officials in Argentina to obtain improper customs clearance of merchandise.
Seventy two percent of companies are hindering peak performance with outdated and overly restrictive approaches to information security, according to recent survey by CEB.