Tag: JPMorgan

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. Today, Matt and Tom take a the recently filed lawsuit by Shaquala Williams against JPMorgan for alleged retaliation for her internal whistleblowing. Williams was in a compliance function at the bank and claimed she was terminated for raising the issues that JPMorgan was not living up to its reporting requirements under a DPA.Some of the issues we consider are:

• Facts of the claim?
• Made in the context of an ongoing DPA.
• The lack of lack of documented policies and procedures.
• Siloed nature of compliance functions.
• Inconsistency in risk assessments.
• Why is a single source of truth so critical?

Resources
Matt in Radical Compliance, That Lawsuit Against JP Morgan