“Pandora Papers” highlight anti-money laundering program risks for compliance officers

Jack J. Kelly Archive

“Pandora Papers” highlight anti-money laundering program risks for compliance officers

Compliance professionals should focus on the anti-money laundering (AML) program risks highlighted by the emerging Pandora Papers scandal rather than on individual revelations, experts said. Their comments came in response to ongoing investigative news reports based the Pandora Papers, a massive data leak that publicly exposed confidential ...Read More

The SEC doesn’t want to let firms and individuals get by without admitting wrongdoing anymore as part of enforcement actions

The Securities and Exchange Commission will return to a policy of requiring companies involved in settling some civil enforcement actions to admit wrongdoing, according to a Wall Street Journal report on Wednesday. Such admissions in certain cases will strengthen the deterrent value of enforcement actions and ...Read More