Job Title: Senior Corporate Counsel Compliance
Employer: Thermo Fisher Scientific
Location: Waltham, Massachusetts USA
In 2005, former president Bill Clinton traveled to Kazakhstan to meet with its leader, Nursultan Nazarbayev. Clinton flew to Almaty with the Canadian mining financier Frank Giustra on Giustra's private jet, the New York Times reported Thursday. Giustra was there to secure rights to Kazakhstan's rich uranium deposits.
Last month the UK Privy Council delivered an important decision on the extent to which a bank is obliged to make inquiries into the underlying commercial purpose of offshore financial arrangements.
The Securities and Exchange Commission announced an award Wednesday of about $1.5 million to a compliance professional who provided information for an enforcement action against the whistleblower’s company.
The UK Financial Conduct Authority on Wednesday fined Merrill Lynch International £13,285,900 ($19.8 million) for incorrectly reporting 35,034,810 transactions and failing to report another 121,387 transactions between November 2007 and November 2014.
On April 26, a new law requiring companies to have compliance programs will come into effect in Ukraine. The law applies to almost all companies participating in public tenders and to state owned enterprises over a certain size. Among other things, it requires companies to appoint a compliance officer with responsibility for implementing the compliance program and reporting to shareholders.
The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force announced last month that it will jointly investigate market misconduct offenses such as insider trading and market manipulation.
The BOTA Foundation surpassed most of the expectations that its founders had for it. BOTA was able to efficiently and effectively return more than $115 million (the original $84 million associated with corruption plus accrued interest frozen Pictet and Cie Swiss bank account) to poor children, youth and their families.