Compliance

The Justice Department's probe into the generic pharmaceutical industry has resulted in three new settlements. Each arose from deferred prosecution agreements over violations of the False Claims Act anti-kickback statute. The healthcare industry faces cascading risks — one risk flows to another with compounding financial results. Three generic drug companies just experienced this cascading liability. As part of the Justice...

Menendez, Rubio and Merkley ask Universal Electronics to provide details of agreement with Xinjiang government to transfer 400 workers to company's Chinese factories A bipartisan trio of senators is asking for answers from U.S..-based electronics firm Universal Electronics after a report by the Reuters news agency said the company could be implicated in forced-labor practices targeting Uyghur Muslim workers in...

Many view Chinese and Western approaches to AI regulation as oil and water. While significant differences exist, there is more overlap than one might think. As the U.S. considers its own approach, we may see more agreement and less technological balkanization.

We frequently hear that CCOs must work to gain more business influence. We also hear that CCOs need to be not only technologically fluent, but must also champion analytics as well. While these singular solutions are helpful, they are far from comprehensive. And when reviewing the varied number of demands on the CCO’s office, it was never likely that one...

If you end up sitting across from the Department of Justice, defending the decisions you made about training, what are they going to ask you? What will they be looking for?

Environmental, social and governance reporting has come into its own as a discipline, with most companies now issuing sustainability reports. What’s the board’s and executive team’s role in ensuring that these reports are responsive to investor needs? An estimated 95 percent of the S&P 500 published detailed environmental, social and governance (ESG) sustainability reports in 2019. Most of these reports...

In a recent assessment, CFTC and FinCEN found the virtual currency exchange BitMEX lacked a number of licenses and had inadequate KYC, AML and CIP practices, among other infractions. The exchange incurred a $100 million penalty as a result. with contributing authors Jessica Hillier and Amanda Bonello On August 10, 2021, the Commodities Futures Trading Commission (CFTC) and Financial Crimes...

Even before the Pfizer COVID-19 vaccine received full FDA approval, legal challenges to employer or government vaccine mandates were unlikely to be successful. One judge has already ruled in favor of defendants, while others are pending. Governments and private employers continue to grapple with the best way to achieve a safe workplace for their employees in light of COVID-19 and...

When it comes to COVID-19 and HIPAA, many misunderstand the law’s scope and purview, especially in a professional setting. Privacy attorney K Royal dispels common misconceptions within.

Announced in April, the Australian financial regulator's CP 340 goes into effect in October. ASIC's breach reporting update is going to make life more difficult and potentially more confusing for compliance officers at financial institutions across the country. The Australian Securities and Investments Commission (ASIC) released its new breach-related obligations on April 2021 with CP (consultation paper) 340. The new...

Enforcement shifts are rumbling in Washington regarding a section of the Affordable Care Act. New actions could find your business exposed. Kyle Scott discusses four developments organizations should know regarding the ACA’s ESRP provision.

Recent history has revealed that traditional policies and systems aren’t enough to protect our organizations from significant disruption. Linedata’s Anup Kumar shares how companies can enhance enterprise capabilities across compliance, risk management, transparency and ethical decision-making by embracing the digital-first world.