The U.S. Department of Health and Human Services announced a $100,000 settlement with Doctors’ Management Services for failures to determine the potential risks and vulnerabilities to electronic protected health information after a cyberattack exposed the information of more than 200,000 patients. It is notable in that it is the first Read More
The effectiveness of sanctions screening and anti-money laundering (AML) programs have recently faced extraordinary challenges. The increasing reliance on digital technology, the war in Ukraine, a record surge in sanctions, heightened regulatory scrutiny, and the current economic environment have placed tremendous strain on already stretched compliance teams. Rapidly changing elements Read More
California legislators have passed one of the most sweeping greenhouse gas emissions bills in the nation this week and Governor Gavin Newsom has announced his intention to sign it into law. If passed, the law would require companies with more than $1 billion in revenue and that operate in California Read More
Ethics investigations can be challenging for just about any organization. If done right, an ethics investigation can help you identify wrongdoing and unethical behavior and put a stop to it before your organization pays the price for not maintaining a conducive and compliant work environment. A poorly executed ethics investigation, Read More
Data is one of the most important driving forces of a great compliance program. Compliance leaders often rely on data-driven metrics to find and correct any flaws within their organization’s compliance processes. With so many possibilities, though, what metrics should you include in your compliance report? Which ones offer the Read More
The Securities and Exchange Commission has issued its largest-ever award, a staggering $279 million, to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions, the regulatory agency said Friday in a statement. This is the highest award in the SEC’s whistleblower program’s history, Read More
The Department of Justice on Feb. 22 issued its much-anticipated Voluntary Self-Disclosure Policy. The policy, which was developed in response to an agency memo published in September 2022 by Deputy Attorney General Lisa Monaco (the Monaco Memo), was prepared by a Corporate Criminal Enforcement Policy Working Group, comprised of U.S. Read More
Sam Bankman-Fried, the former chief executive and founder of cryptocurrency trading platform FTX Trading, was hit with a wave of civil and criminal enforcement charges brought by numerous agencies this week for orchestrating a scheme that some are calling a simple, but massive case of embezzlement. On Dec. 11, Bankman-Fried Read More
The National Labor Relations Board (NLRB) this month signed separate memorandums of understanding (MOUs) with the Federal Trade Commission and the Department of Justice, which create formal partnerships between the agencies in the name of protecting worker rights. On July 26, the NLRB signed an MOU with the Justice Department’s Read More
During two recent speeches, U.S. Department of Justice officials outlined broad policy changes on such topics as voluntary self-disclosure, the use of personal communication devices by executives, compensation clawback policies, chief compliance officer certifications, and others. Last week, Deputy Attorney General Lisa Monaco announced several policy changes intended to clarify Read More
