José Carlos Grubisich pleaded guilty to two counts of conspiring to violate U.S. antibribery law, which carry a possible sentence of 10 years.
Walmart is searching for a new chief ethics and compliance officer as Daniel Trujillo—who for the past two years led the retail giant’s global compliance program—prepares to leave the company.
Trillium Asset Management is again pushing Google parent Alphabet to assess the effectiveness of its internal whistleblowing program, saying recent incidents suggest the company may have potential cultural or ethics problems.
The White House will nominate Kenneth Polite, who served as U.S. attorney in New Orleans under President Obama, to serve as the assistant attorney general in charge of the Justice Department’s criminal division.
Closing loopholes that undermine corporate accountability was one of several priorities for the Treasury Department outlined in President Biden’s budget request.
Jane Norberg will depart this month after nine years with the unit, the SEC said. Emily Pasquinelli, the whistleblower office’s deputy chief, will take over as the unit’s acting chief.
Elizabeth Corbett, who has held senior roles at the Consumer Financial Protection Bureau, joins the fintech company as it looks for help navigating regulatory issues in Washington.
Raymond Kohut pleaded guilty to one count of conspiracy to commit money laundering in a case involving Ecuador’s state-controlled oil company.
Corporate ethics hotlines received fewer reports overall from employees in 2020 despite a surge in Covid-19-related health and safety reports, data shows.
Michael Mosier, a counselor to the Treasury’s deputy secretary, will take over as acting director as Kenneth Blanco departs the Financial Crimes Enforcement Network.
Compliance officers at major financial institutions are questioning whether a new corporate ownership registry will prove useful to the industry.
Swiss regulators said they are lifting an acquisition ban imposed on Julius Baer Group last year in connection with alleged money-laundering failures involving the FIFA soccer federation and Venezuela’s national oil company.
The move comes as chief risk officer Stuart Lewis prepares to leave the bank.
Nadia Zakir, deputy general counsel for Pacific Investment Management Co., will take over following the retirement of Jennifer Durham, the investment firm’s current chief compliance officer.
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The move for revocation follows a December filing by the office of William Galvin, the secretary of the commonwealth, that accused the brokerage of aggressively marketing to inexperienced investors.
In addition to imposing financial penalties, the U.S. expels 10 diplomats from the Russian embassy in Washington.