Compliance

Chief Compliance Officers come up against some formidable challenges. Without robust attorney-client privilege, unearthing compliance violations in the course of internal investigations could be one of them. Herein lies the perfect opportunity for a CCO/Chief Legal Officer partnership.

Real estate is one of most attractive sectors for criminals to launder dirty money due to the ease of entering and exiting the market, as well as weak regulations in the industry. This article highlights the most common schemes criminals use to launder ill-gotten money.

In the past six months, Japan has made a concerted effort to prioritize anti-bribery efforts. Wendy Wysong, Michelle Mizutani and Shunsuke Nagae of Clifford Chance outline what’s been done so far and explain the implications for Japanese businesses and other foreign companies with exposure to the Unfair Competition Prevention Act.

AML expert Ahmed Taimour regularly shares updates on developments in compliance from around the world. This month, we take a look back at some of the most significant news in the last 12 months.

A recent Washington state Supreme Court adopted a rarely affirmed position and held that attorney-client privilege does not extend to postemployment communications between former employees and counsel representing the former employer. This ruling would impact counsel responsible for conducting internal investigations and could restrict their ability to interview their clients’ former employees.

We’ve seen many corporate scandals this year, and time and again, misconduct is trickling down from the top of the org chart. Risks can come in many forms, but when the chief culprit is in the C-Suite, the organization can be in real trouble. Michael Volkov explains why Chief Compliance Officers should pay special attention to executives and the board.

In the wake of the Wells Fargo scandal related to the creation of millions of unauthorized accounts, government records revealed that former employees-turned-whistleblowers contacted the federal agency tasked with investigating whistleblower complaints as early as 2009, once again raising questions of how federal agencies can better protect whistleblowers.

In October, the SEC announced amendments to certain rules exempting intrastate offerings and other limited offerings from federal registration requirements. The changes are consistent with recent efforts by the SEC to assist smaller companies in accessing capital while maintaining its public policy objective of investor protection. Here’s why.

The County of Los Angeles has been brought to task in the past for allegations that it has repeatedly violated the Clean Water Act, continuously exceeding its permitted limits for polluted stormwater. The Court of Appeals has held that a claim under the Act could be dismissed only if it were “absolutely clear” that violations would not reoccur. Read on...

How will Trump impact compliance? This download offers insights from top compliance professionals: Tom Fox, Michael Volkov, Jay Rosen, Jonathan Armstrong and Matt Kelly. From the "Everything Compliance" podcast.

News recently broke that the SEC’s Office of Compliance Inspections and Examinations (OCIE) is examining registrants’ compliance with the whistleblower provisions of the Dodd-Frank Act. This only highlights the need for companies to review policies, procedures, employment/separation agreements, etc. to ensure they are compliant.

Many Americans are concerned about potential changes to trade and economic sanctions following Donald Trump’s election as President. Significant and strategic foreign investments must be cleared through the Committee on Foreign Investment in the United States – an important check to maintain national security and prevent foreign entities from gaining control over critical assets and infrastructure.