Court Reinstates CTA, FinCEN Extends Filing Deadlines
Dec 24, 2024 · The U.S. Court of Appeals for the Fifth Circuit stayed a preliminary injunction that had temporarily blocked the law’s enforcement. Under the revised timeline, companies created or registered before Jan. 1, 2024, now have until Jan. 13, 2025, to file their initial beneficial ownership information (BOI) reports with FinCEN.
Top Stories of 2024 | Corporate Compliance Insights
Dec 11, 2024 · Jennifer L. Gaskin Jennifer L. Gaskin is editorial director of Corporate Compliance Insights. A newsroom-forged journalist, she began her career in community newspapers. Her first assignment was covering a county council meeting where the main agenda item was whether the clerk’s office needed a new printer (it did).
Home CCI | Corporate Compliance Insights | Compliance, Ethics, …
5 days ago · Seismic shifts are threatening to reshape the modern compliance landscape, from Supreme Court decisions tossing out decades of regulatory advantages to an electoral earthquake in Washington to a shocking crime in midtown Manhattan, as ongoing court cases leave some regulations and reporting requirements in limbo.
CTA & Tax-Exempt Entities | Corporate Compliance Insights
As of Jan. 1, 2024, many business entities are required to file reports with beneficial ownership information (BOI) to FinCEN under the Corporate Transparency Act (CTA).The stated purpose of the CTA is to assist law enforcement in combating money laundering, tax fraud, financing of terrorism and other illicit activity through anonymous shell companies.
What Is Ethical Culture, and Why Does It Matter?
Sep 16, 2019 · Jay Rosen Jay Rosen is Vice President, Business Development and Monitoring Specialist at Affiliated Monitors, Inc., the first company in the U.S. to focus on providing independent integrity monitoring and assessment services across a wide range of regulated industries and professions.Jay previously headed up Merrill Brink’s FCPA Investigations and Ethics and Compliance translation group.
Saifr Adds Financial Compliance AI Models to Microsoft Azure …
Nov 22, 2024 · Saifr, created by Fidelity Investments’ software incubator Fidelity Labs in 2020, developed the models using compliance-curated data reviewed by subject matter experts.The tools can be integrated into chatbots, large language models and other applications used in financial services. “Harnessing AI’s power in regulated fields requires careful oversight and domain expertise,” said Saifr ...
Royal Screw-Up Costs Raytheon $950M | Corporate Compliance …
Nov 11, 2024 · DOJ settlement. As to the RTX settlement with the DOJ, many of the usual expected cooperation and remediation efforts were present, such as making available current and former employees for interview and leveling up the third-party intermediary risk areas of the compliance program. However, according to DOJ’s news release on the matter, the following factors counted against the company:
Ultimate Buyers’ Guide to Corporate Compliance Software
About GAN Integrity. GAN Integrity gives compliance teams a better way to do their good work. Built on a flexible platform that unifies compliance, ethics and third-party risk management across the enterprise, coupled with deep domain expertise, GAN Integrity makes it easy for teams to see everything, adapt to anything, and get all the help they need.
8 Crucial Compliance KPIs - Corporate Compliance Insights
Dec 19, 2023 · In the modern data-centric world, ensuring that a company abides by all pertinent laws, guidelines and ethical standards — corporate compliance in a nutshell — is paramount. But how can compliance officers effectively gauge their company’s adherence to these standards?
Global Corporate Governance Trends for 2024
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