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Daily Compliance News

March 24, 2023 – A Cluster at Treasury 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 from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition of Daily Compliance News:

· CA to try and clean up cannabis regulatory corruption. (LA Times)

· UBS and Credit Suisse: a clash of cultures. (FT)

· Could FinCEN have fouled up the corporate registry any worse? (WSJ)

· IKEA in the UK told to protect staff from sexual harassment. (BBC)

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Daily Compliance News

January 27, 2023 – The 4th Estate 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 from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition of Daily Compliance News:

  • Ukrainian journalists are leading the unmasking of gov officials’ corruption. (WaPo)
  • Hindenburg strikes again. (NYT)
  • Morgan Stanley levels internal fines for employees using ephemeral messaging. (FT)
  • Banks were told to watch out for Russian oligarch real estate deals. (WSJ)
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Daily Compliance News

November 30, 2022 the Unleash the Kraken Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you four compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen to the Daily Compliance News. All from the Compliance Podcast Network. Stories we are following in today’s edition of Daily Compliance News:

  • More missed red flags by KPMG? (WSJ)
  • Law firms and ESG. (Reuters)
  • Kraken settles trade sanctions violations with DOT. (WSJ)
  • Juventus Board resigns. (CNN)

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Daily Compliance News

November 23, 2022 the Return the Money Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance brings to you four compliance related stories to start your day. Sit back, enjoy a cup of morning coffee and listen in to the Daily Compliance News. All, from the Compliance Podcast Network.

Stories we are following in today’s edition of Daily Compliance News:

  • Senator Menendez and wife under investigation for corruption. (Washington Free Beacon)
  • DOT targets Russian corruption in Guatemala. (DOT Press Release)
  • German police raid UBS over allegations of AML violations. (FT)
  • Do you have to return ‘sting’ money? (Channel 5)

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Daily Compliance News

September 8, 2022 the Biden Fight Against Corruption Edition

In today’s edition of Daily Compliance News:

  • DOT continues to use private actors for sanctions enforcement. (WSJ)
  • Booz Allen set to pay on no-poach clause. (Reuters)
  • Biden Administration ABC blueprint. (Foreign Policy)
  • Musk can amend lawsuit but cannot delay trial. (NYT)
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Daily Compliance News

August 10, 2022 the Boston Scientific Announces FCPA Investigation edition

In today’s edition of Daily Compliance News:

  • China company accused of shipping to Iran. (WSJ)
  • Boston Scientific announces FCPA probe in Vietnam. (Medical Design and Outsourcing)
  • Guatemala is now going after the press that reports on corruption. (NYT)
  • BitMEX employee guilty plea in AML violations. (Reuters)
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Daily Compliance News

August 9, 2022 the Mar-a-Lago Searched edition

In today’s edition of Daily Compliance News:

  • Mar-a-Lago was searched by the FBI. (Everyone)
  • DOT penalizes crypto mixers for laundering NKorean money. (WaPo)
  • Belts and roads were always a fraud. (NYT)
  • Taiwan has tough insurance issues. (WSJ)
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Daily Compliance News

July 16, 2022 the How to Stop Cheating edition


In today’s edition of Daily Compliance News:

  • FRC orders accounting firms to say how they will stop cheating. (FT)
  • Uber sued over sexual assault claims. (BBC)
  • ABB employees and wives were arrested for South African corruption. (Bloomberg)
  • DOT publishes fact sheets on Russia Sanctions. (WSJ)
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Daily Compliance News

May 14, 2022 the On Hold Edition


In today’s edition of Daily Compliance News:

  • Just as Matt Kelly predicted, Musk Twitter bid ‘on hold’. (NYT)
  • DOT announces more sanctions against Russian shell companies. (WSJ)
  • Moderna said it ‘didn’t know’. (WSJ)
  • SEC moving towards regulations on stablecoin. (Reuters)
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Compliance Kitchen

Blocking Russian Banks


The Kitchen looks at Department of Treasury sanctions which are now fully blocking Russia’s largest banks and banning new investment.