Compliance

Russia cranked up its gold production to offset previous international sanctions; now, the U.S. and a group of international allies are cutting off that particular revenue stream in an effort to hamstring Russia’s continued invasion of Ukraine. The U.S. Treasury Department has issued additional sanctions against Russia, targeting almost 100 entities and individuals, and prohibited import of Russian gold. The...

In our hot housing market, the only concern for the typical real estate professional is getting the highest dollar they can for a property. But possible new rules targeting illegal cash could remake the regulatory landscape in real estate, changing things for buyers, sellers and agents. In a recent Instagram post, Ryan Serhant, celebrity real estate agent and star of...

The SEC’s prosecution of chief compliance officers remains a fraught and controversial topic. A recent announcement of an enforced settlement with a financial advising firm and its CCO could raise even more questions about the role of CCOs and what standards the SEC uses in sanctioning them. Two Eversheds Sutherland partners give us a close read of the SEC’s order...

The Association of Certified Fraud Examiners (ACFE), a membership association of more than 90,000 anti-fraud professionals globally, and Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has released a comprehensive guide titled “Managing Fraud Risks in an Evolving ESG Environment.” Environmental, social and governance initiatives are some of the most important topics discussed in boardrooms today....

The struggles financial institutions face when it comes to compliance are nothing new. And while technology is often billed as a clarifying force, that magic bullet remains elusive. Napier’s Aidan Houlihan discusses how the Russian invasion of Ukraine casts a spotlight on the stopgap solutions firms have relied on for far too long. For many years, banks have been struggling...

Cell and gene therapy is revolutionizing healthcare. But its efficacy relies on good old-fashioned supply chain management. Good luck with that. Take a seat, Joe. We’re going to draw a vial of your blood and ship it to the lab for gene splicing. We expect to have it back here in the office in exactly seven days and we'll re-inject...

Companies are eager to establish their ESG programs, and it’s not hard to understand why. But as a trio of experts from FTI Consulting detail, there are many reasons why it’s wise to take some measured steps before diving into the deep end. FTI Consulting’s Beth Junell, Brian Ong and Edith Wong co-authored this article. Hardly a day goes by...

A Gartner analysis found that compliance reporting has plummeted since the pandemic, but that doesn't necessarily mean less misconduct is actually occurring. The rate of compliance reporting has dropped by 30 percent from before the pandemic, according to Gartner. Research indicates employees are both less likely to observe misconduct — and less likely to report it when they see it....

A review by LRN, an ethics and compliance training provider, indicates that many of the top public companies around the world appear to fall short when it comes to providing something as foundational as an effective code of conduct. LRN’s analysis, released last week, revealed deep disparities in the codes of conduct for top publicly traded companies, suggesting the majority...

The DOJ indicates that it will increase the use of monitors in corporate criminal enforcement; what does that mean for organizations?

Organizations admit failing to prioritize annual security risk analysis, according to small survey

DOJ has sharpened focus on individual accountability — and on health care. This signals an uptick in internal investigations involving outside counsel, who must traverse the potential pitfalls.