Anthony Willis, the former compliance officer at the Bank of Beirut in the UK was caught lying to the Financial Conduct Authority (FCA) and then he had the nerve to say it wasn’t his fault. He maintained the position that the bank never allotted sufficient resources for him to do the compliance officer job, which may […]
Tag Archives | Corporate Compliance
Qualcomm, Inc. Pays $975M to China Regulators Resulting from China Antitrust Law Violations
With one of the largest corporate fines to-date, Qualcomm Inc. was required to pay $975 million to regulators in China for violating China’s Anti-Monopoly Law (AML), their country’s law prohibiting antitrust / anti-competitive practices. Qualcomm, Inc., a U.S. firm that develops technology for wireless devices (www.qualcomm.com), agreed in the settlement to lower its royalty rates […]
C2I Seminar: Expanding Internationally with Confidence by Ensuring Global Trade Compliance
By Kendra & Justin on January 27, 2015 in C2I News, Corporate Compliance, Embargoes, Export Control Reform, Export Regulations, FCPA, International Business
Please join us in Taiwan on February 3, 2015 for a presentation on “Expanding Internationally with Confidence by Ensuring Global Trade Compliance” Discussion Topics: 1. Gain Insight into the Key Components of a Successful Global Trade Compliance Program a. Export/import, sanctions programs, anti-boycott regulations, and anti-corruption regulations b. Tips for maintaining compliance 2. International […]
C2I is Coming to Taiwan 3 February 2015!
C2 International is pleased to announce that we are working with the American Institute in Taiwan (AIT) to host a seminar in Taipei, Taiwan on February 3rd. C2I will be promoting our Global Trade Compliance consultancy service to firms that purchase or license U.S. export-controlled components, technology or end-items for their use in Taiwan or in other […]
Are Corporate Compliance Programs Cover-up Programs?
The U.S. Supreme Court of Appeals for the D.C. Circuit made a ruling permitting corporations to hide documentation of fraud obtained in internal corporate compliance investigations. A whistleblower who formally worked for the defense contractor KBR is seeking review and appeal of this ruling, because in effect, it permits companies to gag employees who try […]