Compliance

The Clifford Chance team covers OFAC’s recently published “Framework for OFAC Compliance Commitments,” with a particular focus on how the guidelines will impact companies based or operating in the Asia-Pacific region. with co-authors Ali Burney and Nick Turner Officials from the U.S. Office of Foreign Assets Control (OFAC) have been teasing for months that they would issue guidelines to help...

Roger Carson, Co-Founder and Global Financial Sales Director at encompass corporation, introduces the concept of digital know your customer (KYC) profiles. Created by intelligent automation, digital KYC profiles help financial institutions manage and retain valuable information, control complexity and reduce costs while improving compliance. The KYC Legacy KYC can prove difficult for financial institutions of all sizes; it is often...

Michael Volkov details the settlement between the U.S. OFAC and Haverly Systems, which was found to be in violation of federal sanctions.

Data security is a boardroom issue, a geographical issue and a local issue. The cost of noncompliance can be crippling, both financially and reputationally.

The Export Control Reform Act became law last August. Here, Wendy Wysong and Hena Schommer analyse what the regulation means for companies.

Brian McCalmon concludes his three-part series on antitrust risk in this installment on the potential risks of participating in a trade association.

Compliance has yet to adopt a proper management system to substantiate the critical role they play. SEI’s Kevin Byrne discusses how, rather than continuing to raise compliance issues as they occur, CCOs should graduate to consistent, ongoing management-level reporting.

Michael Volkov sheds light on recent False Claims Act cases brought against Duke University and MedStar Health – both with violations spanning multiple years.

To ensure the success of an E&C program, we must shift the organization’s perception of compliance. Jay Rosen explains that when compliance is seen as a hindrance to performance, it’ll never get the buy-in necessary to be maximally effective.

Fenergo’s Rachel Woolley discusses how the growing challenge of regulatory change management will impact functions beyond compliance.

As consumers increasingly rely on cashless spending, the PCI SSC has identified a process to secure cardholder data. Acceptto CEO Shahrokh Shahidzadeh discusses why it’s time to replace password-based credentials.

Donna Boehme defines compliance subject matter expertise, explains where it comes from and makes the case for why it’s invaluable.