Fraud Section’s 2022: A Year of Individual Accountability, Cooperation With Foreign Authorities & Pushing Compliance Programs
The DOJ’s Fraud Section had a banner year in 2022, posting its highest number of convictions in a single year ...
Tag: Yates Memo/Personal Liability
Recent SEC Charges Suggest CCOs Have Target on Their Backs
The SEC’s prosecution of chief compliance officers remains a fraught and controversial topic. A recent announcement of an enforced settlement ...
Survey Results: Compliance Officers May Experience Mental Health Issues In Part Because They Feel They Have ‘No Permission to Fail.’
No one has surveyed the mental health and working conditions of compliance officers for 10 years. We decided that was ...
Yates and Outsourcing Government Investigations
Following the Department of Justice's recent Yates memorandum, we can fully expect individuals under prosecution to challenge their companies' internal ...
The Biden Administration’s New Attack on Corruption: What Businesses Need to Know
Though broad in scope, the Biden Administration's plan to counter domestic and international corruption follows four primary lines of effort. ...
Thomson Reuters Annual Cost of Compliance Survey Shows More Than Half of Compliance Officers Expect Personal Liability to Increase in 2014
Thomson Reuters has announced the findings of its annual Cost of Compliance survey, which revealed that 53 percent of compliance ...
Thomson Reuters Survey Reveals Conduct Risk Regulatory Focus Expected to Increase Along with Personal Liability Concerns for Senior Managers
Thomson Reuters has announced the findings of a new study, revealing that managing and mitigating conduct risk continues to be ...
Thomson Reuters Personal Liability Report Shows Increased Pressure on Companies’ Compliance Officers
Increased focus on personal liability places more emphasis on senior individuals’ ability to manage and mitigate their own regulatory risk, ...
Chief Compliance Officers are at Risk
CCI’s Publisher and CEO, Maurice Gilbert interviews Thomson Reuters’ Head of Regulatory Intelligence to explore the impact of growing personal ...
Jail Time for Not Knowing: Strict Liability for Executives Under the Park Doctrine
There is a case pending at the Eighth Circuit that should have the attention of every corporate executive. Two executives ...
Due Diligence Questions to Ask During a Chief Compliance OfficerJob Interview
In today’s regulatory climate, the Chief Compliance Officer faces increased personal liability. Asking due diligence question in a job interview ...
Haider Settlement
The ex-compliance chief of MoneyGram International Inc. (MoneyGram) is found personally liable for MoneyGram’s AML failures. The lawsuit is unprecedented ...
