Tag: CorporateCompliance

Do More Heads Need to Roll at Wells Fargo?

News
During the past decade, only a few top executives at many U.S. and European banks have lost their jobs due to numerous scandals going back to the financial crisis, CNN Money reports.

Download: Legal Hold and Data Preservation Benchmark Survey Report

Insight
Zapproved has made available for free download its Legal Hold and Data Preservation Benchmark Survey Report, the industry’s most extensive survey series focused on legal data preservation and collections practices.

To Really Improve Corporate Culture and Compliance Effectiveness, It Must Be Measurable

Insight
The evaluations of culture and compliance effectiveness are empirical issues, writes Jose Tabuena. The elements of a compliance program and vague indicators should not be taken on faith.

Compliance Training Best Practices: New Research

Insight
NAVEX Global’s 2016 Ethics & Compliance Training Benchmark Report shows compliance professionals struggling with small budgets, growing numbers of learners and limited time to train.

Mitratech Acquires Hitec Laboratories

News
Mitratech, a provider of legal, compliance, and operational risk solutions, announced it has acquired Hitec Laboratories, which develps Governance, Risk, and Compliance (GRC), and Information Governance software.

Disruptor Meets Regulator, and Regulator Wins: Lessons Learned from Theranos

Insight
Even in an environment that encourages innovation, health care organizations must understand the scope of regulatory oversight at the federal and state levels, and the range of remedies available to regulators for noncompliance, writes writes Robert E. Wanerman of Epstein Becker & Green.

On-Demand: Benchmarking Your FCPA Compliance Program

On-Demand
The webinar is the third of the year in Bryan Cave’s anti-corruption series. The topic will be of interest to in-house counsel and compliance professionals of companies that conduct business outside the United States.

Webcast: CFPB Trends in Enforcement and Investigations

On-Demand
The Gibson Dunn webinar covers challenges the CFPB raises for compliance professionals and in-house litigation counsel.

JPMorgan Said Near Settlement With U.S. Over Hiring in Asia

News
The deal could cost JPMorgan about $200 million in the settlements over its hiring practices, according to Bloomberg Law, citing information from one of two people familiar with the matter.

Prudential Fined for Authorizing Fraudulent Annuity Withdrawals

News
Financial sales assistant Travis Wetzel was convicted of wire fraud and money laundering in 2015 and sentenced to 42 months in prison for forging annuity withdrawal requests on his 82-year-old client’s account, according to a Reuters report.

Civil Fines Jump Across Agencies Under Inflation Adjustment Act

Insight
The Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 takes effect on August 1, 2016, when agencies will begin applying the new penalty levels to any penalties assessed on and after that date, according to Wilmer Cutler Pickering Hale and Dorr.

Benchmarking Your Compliance Program

Insight
Compliance professionals and auditors should monitor this promised guidance from the Justice Department’s Fraud Division on how it proposes to evaluate the existence and effectiveness of individual corporate compliance plans, writes Jose Tabuena.

Succeeding in the New Paradigm for Corporate Governance

Insight
Institutional investors are developing a new paradigm for corporate governance that prioritizes sustainable value over short-termism, writes Martin Lipton of Wachtell, Lipton, Rosen & Katz.

Governance Challenges 2016: M&A Oversight

White Paper
The NACD report addresses the importance of early board engagement in strategy, the need for proactive dialogue with all key stakeholders, and the imperative to balance short-term and long-term goals throughout the M&A process.

A Better D&O Questionnaire – Learn How

White Paper
The Center for Board Excellence is offering a free whitepaper that describes moving the directors and officers questionnaire process to a dynamic online system.

Did Disgruntled Partners Lead To The Dewey Prosecution?

News
A new filing in the re-trial of former Dewey & LeBoeuf chief financial officer Joel Sanders and former executive director Stephen DiCarmine alleges that two former Dewey partners put pressure upon the Manhattan District Attorney’s office to look into the financials of the failed firm, reports Kathryn Rubino in Above the Law.