Daily Compliance News: October 29, 2024 – The Olympus Chief Fired Edition
Riskology by Infortal: Episode 35 – Riskology in London with BABL AI
Corruption, Crime & Compliance: How to Conduct an Internal Compliance Site Visit and Review
Compliance Tip of the Day: Compliance Lessons from Boris Karloff’s Frankenstein
Adventures in Compliance: The Casebook of Sherlock Holmes – Investigative Lessons from The Adventure of The Mazarin Stone
FCPA Compliance Report: Navigating Global Compliance and Risk – Lessons from The Pager Attacks
Daily Compliance News: October 28, 2024 – The Lights on in South Africa Edition
Episode 342 -- How to Conduct an Internal Compliance Site Visit and Review
Sunday Book Review: October 27, 2024 The New Business Books Edition
Deep Space 9: Episode 15 – Trials and Tribble – ations: Homage, Innovation, and Time Travel Intrigue
10 For 10: Top Compliance Stories For The Week Ending October 26, 2024
Compliance Tip of the Day: TD Bank Lessons Learned – The Penalty of Growth Restrictions
12 O’Clock High, a podcast on business leadership – Finding Your Voice – How Caroline Biesalski Transformed Your Life and Profession
Regulatory Ramblings: Episode 56 - The Intersection of Financial Crime and Cryptocurrencies with Chengyi Ong
Daily Compliance News: October 25, 2024 – The 80 Hour Work Week Edition
Business Integrity Innovations: Promoting Transparency: Bridging the Trust Deficit in Business – Odeh Friday
Consumer Finance Monitor Podcast Episode: How the CFPB Is Using Interpretive Rules to Expand Regulatory Requirements for Innovative Consumer Financial Products; Part Two: Earned Wage Access
Navigating Hot Topics in Consumer Finance: Litigation Trends, Regulatory Changes, and Medical Debt Collection – The Consumer Finance Podcast
Daily Compliance News: October 24, 2024 – The Quid Pro Quo Edition
Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen to the Daily Compliance News. All...more
BACKGROUND - On October 16, 2024, the New York State Department of Financial Services (DFS) issued an industry letter, Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks,...more
Crypto Integration Initiatives Continue, Crypto Exchange Data Published - According to a recent report, a major U.S. fintech company intends to purchase a stablecoin infrastructure provider. While the fintech company...more
The European Commission’s adoption on 23 October 2024 of the two regulations (Regulations) supplementing the [the Regulation on digital operational resilience for the financial sector Publications Office (europa.eu)] (DORA)...more
On October 16, 2024, the New York Department of Financial Services (“NYDFS”) issued guidance and strategies (“Guidance”) concerning cybersecurity risks that arise in response to the advancements in artificial intelligence...more
Is there a law to protect whistleblowers? If so, which law? Yes. Spanish Law 2/2023, of February 20, regulates the protection of persons who report regulatory infringements and the fight against corruption, which implements...more
Ihave a college degree and two law de- grees (I’m not bragging), so I have three alma maters. I attended Stony Brook University, American University Washing- ton College of Law, and Boston University. Out of the three, my...more
As we approach the final months of 2024, many companies are looking toward 2025 for initial public offerings and other public financing transactions. Among the most commonly asked questions during capital markets transactions...more
Following a review of the Irish funds industry and wide engagement with industry participants, discussed in our earlier blog here, the Department of Finance has issued its Final Report on the Funds Sector 2030. The report...more
We have a Pooled Employer Plan (PEP) for so many things, so a Pot PEP seems OK. The North American Companies Council (NACC), a 501(c)(6) not-for-profit in the cannabis industry started offering a 401(k) Pooled Employer...more
Enforcement agencies urge investment in compliance programs. On October 10, 2024, the Department of Justice (DOJ) announced plea agreements with TD Bank N.A. (TDBNA) and its parent company, TD Bank US Holding Company...more
On 18 September 2024, the General Court of the European Union (General Court) largely upheld the fine imposed by the European Commission (Commission) finding that a global tech company had engaged in predatory pricing of its...more
On October 16, 2024, the Ontario government filed various regulations under the Pension Benefits Act to implement a permanent target benefit pension plan (Target Benefit Plan) framework. Target Benefit Plans seek to...more
The Financial Crimes Enforcement Network (“FinCEN”) has entered into a Consent Order with the Sahara Dunes Casino, doing business as the Lake Elsinore Hotel and Casino (“Lake Elsinore”). The Consent Order describes Lake...more
HM Treasury has published a draft new chapter for the Special Resolution Regime Code of Practice that reflects reforms introduced by the Bank Resolution (Recapitalisation) Bill....more
On October 22, the California DFPI announced that beginning in February 15, 2025, it will register and regulate debt settlement services, education financing, income-based advances and student debt relief providers. The final...more
On October 7, 2024, the US Securities and Exchange Commission approved Nasdaq's proposed modification to Nasdaq Listing Rule 5810(c)(3)(A), which limits the ability of a company whose shares are trading under Nasdaq’s $1.00...more
The U.K. Prudential Regulation Authority has published a consultation paper on the restatement of the remaining provisions of the U.K. Capital Requirements Regulation. The consultation paper sets out the PRA's proposals to...more
On October 22, the CFPB announced the finalization of its Personal Financial Data Rights Rule under Section 1033 of the Dodd-Frank Act. The rule aims to bring the U.S. closer to an “open banking” framework by making it easier...more
The Bank of England has published a consultation paper on amendments to its statement of policy on setting the minimum requirement for own funds and eligible liabilities. The proposals are designed to ensure that the U.K.'s...more
As we have previously reported, there are several CFPB enforcement lawsuits pending in which the defendants have filed motions to dismiss based in whole or in part on the argument that subsequent to September 2022, all...more
After a recent slower period of activity in the initial public offering (IPO) markets, there has been speculation in accounting and finance markets that there might be an increase in activity over the course of the 2025...more
FINRA’s Office of Financial Innovation published a report on “The Metaverse and the Implications for the Securities Industry” to raise awareness among its member firms and the broader securities industry and seek industry...more
Next week, several amendments from NYDFS’s cybersecurity regulations on financial services will go into effect on November 1. As previously covered by InfoBytes, in June 2023, NYDFS published an updated amendment to 23 NYCRR...more
On October 18, a fintech trade group filed a complaint in a D.C. federal court challenging the CFPB’s interpretive rule on Buy Now, Pay Later (BNPL) products. The rule, released last May, treats BNPL providers as credit card...more