- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2025-02-13T15:50:00
With a six-month ban on enforcement of the Foreign Corrupt Practices Act (FCPA), compliance should retreat from fear-based messaging and instead focus on why ethical practices make good business sense, experts say.
President Donald Trump has ordered the Department of Justice (DOJ) to place a six-month pause on enforcement of the FCPA, saying the law has been “stretched beyond proper bounds” and “abused” under Democratic leadership.
In an executive order issued Monday, Trump said that “overexpansive and unpredictable FCPA enforcement” of what he called “routine business practices in other nations”–namely, practices involving bribery–“actively harms American economic competitiveness and, therefore, national security.”
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2025-02-10T15:27:00Z By Rezaul Karim, CW guest columnist
The dark web has been depicted as a long-standing hub for crimes, where illegal activities such as drug dealing, financial fraud, weapon sales, murder for hire, stolen credit cards, and ransomware gags are easily accessible to the public.
2025-02-06T20:05:00Z By Aaron Nicodemus
The U.S. Department of Justice under new Attorney General Pam Bondi will de-emphasize white collar misconduct linked to bribes and foreign corruption, instead prioritizing corruption cases linked to human smuggling and the trafficking of narcotics and firearms.
2024-12-24T13:45:00Z By Jeff Dale
It’s been a long “integrity journey” for Ericsson, according to the company’s Head of Compliance Global Affairs Alison Howell. Since settling with the DOJ over FCPA violations in 2019, the company has gone through a "business critical transformation," resulting in the end of its compliance monitorship.
2025-05-13T18:42:00Z By Ian Sherr
The head of the Securities and Exchange Commission promised new sets of rules around cryptocurrency assets, saying his team intends to lay out regulatory frameworks around custody and “qualified custodians,” as well as guidelines around issuing and trading. The expected move marks the latest step in the U.S. government’s embrace ...
2025-05-13T14:33:00Z By Adrianne Appel
Businesses under consent decrees for violating federal anti-discrimination laws, including fairness in lending and hiring laws, may be off the hook under a sweeping executive order (EO) issued by President Donald Trump last month. The EO, aimed at furthering his agenda of dismantling protections against discrimination, says all agencies “shall ...
2025-05-09T20:08:00Z By Aaron Nicodemus
The Securities and Exchange Commission has offered to settle its long-running lawsuit against cryptocurrency firm Ripple Labs for $50 million, the latest in a series of pullbacks by the agency on ongoing crypto lawsuits.
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