Regulatory & Compliance
More Regulatory & Compliance Articles
Banking | Finance
Investment Advisors Facing Treatment as Financial Institutions: Added filing and reporting responsibilities on the horizon
The Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, has issued a notice whereby it intends to require certain investment advisors to establish anti-money laundering programs (“AML”) and reporting of suspicious activity pursuant to the Bank Secrecy Act...
Read MoreAnti-Bribery
Make that Thirteen Labors: FCPA requirements present Herculean labor for compliance officers
It is well reported that Foreign Corrupt Practices Act (FCPA) enforcement sanctions have increased significantly in recent years. Headlines focus on monumental monetary penalties, such as Alstom S.A.’s $772 million settlement.[1] Alstom’s record-setting fine was due, in...
Read MoreBoard of Directors
Oversight Overload: Be prepared with a comprehensive corporate governance framework
In November 2014, the National Association of Insurance Commissioners (NAIC) formally adopted the Corporate Governance Annual Disclosure Model Act and Corporate Governance Annual Disclosure Model Regulation. Collectively, these acts require a company to file a Corporate Governance Annual...
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