A proposal by the FTC to ban noncompete agreements in employment has been widely criticized by business groups, with the U.S. Chamber of Commerce threatening a lawsuit if it goes into effect. But, as Seyfarth Shaw’s Robert Milligan discusses, the potential noncompete ban is just the latest in the agency’s self-described crackdown over what it views as unfair labor practices,...
The FTC has a plan it says would empower workers with an additional $300 billion in wages per year. While the proposal remains in the public-comments phase, corporate America has already begun chiming in, with most business leaders criticizing the proposal. It remains to be seen whether the new rule will survive, but as Steve Carey, Sarah Hutchins and Tory...
A handful of ESG-related regulations are in the works or go into effect in 2023 targeting global supply chains. Despite that welcome bit of clarity, companies still must act with dexterity as they seek to meet internal and external demands. Aravo’s Dean Alms shares his insights about how companies can avoid taking two steps back on human rights as they...
The Russian invasion of Ukraine continues with no signs of a resolution, and along with the protracted conflict, the U.S. has continued to issue fresh sanctions against Russian interests. For firms and organizations, compliance could mean embracing perpetual KYC procedures, writes Fenergo’s Rory Doyle. Since unforeseen and devastating events last February, the West has responded by waging a war of...
The DOJ's updated corporate enforcement policy continues to push companies to self-disclose potential criminal issues "at the earliest possible time" and introduces new potential rewards for doing so, especially for companies with prior criminal histories. The policy also gives prosecutors more discretion to reward degrees of corporate cooperation and remediation. However, as Miller & Chevalier’s John E. Davis and Surur...
The Family and Medical Leave Act turned 30 years old this month, and while the law protects (some) workers’ jobs, it also comes with a host of hoops to jump through, both for businesses and for workers. Compliance and legal experts weigh in on what works about FMLA — and what should change. “The need for this legislation is clear....
Podcaster and compliance expert Tom Fox digs into the details of a recent Delaware Chancery Court decision and how it could change everything for chief compliance officers.
Annual changes to merger and acquisition notification thresholds are mandated by the Hart-Scott-Rodino Act (HSR), which ties the threshold to the gross national product. As such, HSR notification thresholds are rising in 2023 as expected, but bipartisan legislation passed late last year means that starting in 2024, HSR-mandated filing fees will also be tied to an economic index. Katherine I....
American antitrust authorities are using novel (and controversial) legal theories to further the Biden Administration’s aggressive antitrust posture. As Michael Peregrine and Justin P. Murphy of McDermott Will & Emery assert, this expansive view of corporate antitrust must also be reflected in compliance programs. Increasing criminal antitrust enforcement focus and activity argues strongly for companies to expand the antitrust-specific elements...
About two-thirds of American employees work remotely at least part of the time. Ensuring compliance means more than just making sure they log on at the right time. Tax expert Jennifer Stein talks about the importance of aligning all your organization’s stakeholders to reduce risk. As companies pivot to address a shifting workforce, aligning key stakeholders is more important than...
Ever-evolving regulatory requirements, consumer demand and investor expectations are all forcing manufacturers to increase the transparency of their supply chain, but few organizations have arrived at that destination, according to a new survey by SaaS supply chain provider Assent. The survey of 152 organizations, conducted in conjunction with Endeavor Business Media, found that 76% of complex manufacturers are still in...
Too few organizations are embracing compliance culture, according to a survey by FTI Consulting and Ethico, which found that while executive pressure to show compliance programs’ value is increasing, their resources — financial and otherwise — aren’t. The findings reveal the extent of dysfunction within organizations when it comes to the importance of compliance and ethics programs, said Angie Gorman,...
Founded in 2010, CCI is the web’s premier global independent news source for compliance, ethics, risk and information security.
Got a news tip? Get in touch. Want a weekly round-up in your inbox? Sign up for free. No subscription fees, no paywalls.
© 2022 Corporate Compliance Insights
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |