A recent enforcement action by the U.S. Department of Health and Human Services is sending a clear signal to corporate compliance teams: HIPAA obligations don’t stop at hospitals and insurers. In a newly reported case, the agency’s Office for Civil Rights pursued enforcement against a self-funded employer health plan—marking a Read More
T he crackdown on off-channel communications at financial firms isn’t over—it has simply taken a quieter, more targeted turn. While the U.S. Securities and Exchange Commission drew headlines over the past several years with multibillion-dollar penalties for financial firms where employees communicated with undocumented texts and messages, recent developments suggest Read More
T he Consumer Financial Protection Bureau (CFPB) has finalized a rule that narrows how fair lending laws are enforced, marking a notable shift for compliance programs across the financial services industry. The rule amends Regulation B, which implements the Equal Credit Opportunity Act (ECOA). Its most significant change is the Read More
T he Commissioner for Competition at the European Commission, Teresa Ribera, warned that political influences are in danger of corrupting competition enforcement decisions. Ribera argues that antitrust must stay strong against politics and its pressures to ensure impartial and evidence-based enforcement policies. In a statement, she emphasized independence from political Read More
T he FTC chairman, Andrew Ferguson, has instructed the FTC staff to create a special health care task force intended to better protect patients, healthcare workers, and taxpayers. The FTC said, in a statement, that the task force will create a coordinated, competitive, and innovative approach to how the agency Read More
E arlier this month, the Department of Justice announced a new “department-wide” corporate criminal enforcement policy that it says will promote uniformity, predictability, and fairness in how it pursues corporate wrongdoing. The policy, which it labeled the Corporate Enforcement and Voluntary Self-Disclosure policy, is intended to incentivize companies to self-disclose Read More
T he Securities and Exchange Commission and the Commodity Futures Trading Commission announced that they have agreed to work more closely and collaborate more on regulatory issues and enforcement. The agencies say the agreement, documented in a “memorandum of understanding,” will allow the agencies to better support lawful innovations, uphold Read More
T he Securities and Exchange Commission’s director of the Enforcement Division, Margaret Ryan, stepped down this week after only a little more than half a year on the job. Sam Waldon, who served as head of enforcement before Ryan, will return to the role as acting director. During her time Read More
T he U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) released an online voluntary self-disclosure (VSD) portal for disclosure of potential violations of U.S sanctions earlier this month. The VSD portal will replace the current system, where organizations voluntarily disclose potential violations over email. The VSD portal Read More
I n today’s fast-paced business environment, regulatory compliance has become both more critical and more complex. Organizations are expected to maintain rigorous internal controls, ensure transparency, and respond swiftly to audits all while managing sprawling IT ecosystems and evolving risk landscapes. Regulations like the Sarbanes-Oxley Act (SOX) demand companies adhere Read More
