FCPA

BC Check-Up: Investment climate shows strength in housing construction, but challenges in economic growth and major projects

Retrieved on: 
Tuesday, April 9, 2024
Annual report, LLB, Growth, Chartered, Climate, Bank, Policy, Bank of Canada, FCPA, Government, Population growth, Renewable energy

"Despite these challenges, residential building investment remained strong, particularly in high density units."

Key Points: 
  • "Despite these challenges, residential building investment remained strong, particularly in high density units."
  • Non-residential building investment reached $7.9 billion, up 6.5 per cent from 2022, with a notable increase in investment in institutional and governmental projects, particularly healthcare facilities.
  • However, B.C.’s major project inventory was valued at $373.0 billion in Q3 2023, down 4.2 per cent compared to Q3 2022.
  • Prioritizing a clear strategy towards a balanced budget is essential to maintaining the province’s ability to address future challenges.”

Dr. Xiang Lingyun Joins NUM as Tenured Economics Professor and PhD Advisor

Retrieved on: 
Wednesday, March 13, 2024
NUM, Faculty, Logic, Accounting, International Association, Knowledge, Research, Policy, Doctor of Philosophy, Mentorship, Marquess, Student, IAAP, Publication, FAIA, FCPA, Certified Public Accountant, Economics, National university, Management

Annapolis, Maryland, March 13, 2024 (GLOBE NEWSWIRE) -- Dr. Xiang, known for his extraordinary contributions to the fields of international finance, accounting, and emerging industries, joins NUM as a tenured professor and PhD advisor , bringing with him a wealth of knowledge and a rich tapestry of global experiences.

Key Points: 
  • Annapolis, Maryland, March 13, 2024 (GLOBE NEWSWIRE) -- Dr. Xiang, known for his extraordinary contributions to the fields of international finance, accounting, and emerging industries, joins NUM as a tenured professor and PhD advisor , bringing with him a wealth of knowledge and a rich tapestry of global experiences.
  • Dr. Xiang, known for his extraordinary contributions to the fields of international finance, accounting, and emerging industries, joins NUM as a tenured professor and PhD advisor, bringing with him a wealth of knowledge and a rich tapestry of global experiences.
  • At NUM, Dr. Xiang will be involved in shaping the next generation of economists and finance professionals.
  • The NUM community warmly welcomes Dr. Xiang, looking forward to the inspiration and innovation he brings to the campus.

Corporate Compliance – Not Enforcement – Is Combatting Pervasive Corruption in Latin America, Miller & Chevalier Research Finds

Retrieved on: 
Tuesday, April 2, 2024
Finance, Homeland Security, Professional Services, Legal, Public Policy, Government, Organization, Corruption, Risk, International, Travel, Lawyer, M&A, Pessimism, FCPA, Drug

Corruption remains pervasive throughout Latin America despite sustained efforts to criminalize, investigate, and prosecute misconduct, according to new survey data.

Key Points: 
  • Corruption remains pervasive throughout Latin America despite sustained efforts to criminalize, investigate, and prosecute misconduct, according to new survey data.
  • In fact, corporate compliance – not enforcement – is the key driver for addressing these endemic issues.
  • The 2024 Latin America Corruption Survey , released today by Miller & Chevalier Chartered and 14 collaborating law firms in Latin America, measures perspectives on how corruption impacts companies' ability to do business in the region.
  • “Nonetheless, in the absence of consistent enforcement, executives in the region are confronting this pervasive problem.

Independent Monitor certifies Ericsson's Compliance Program

Retrieved on: 
Thursday, March 28, 2024
Certification, Risk management, Monitor, Record, DOJ, FCPA, Book, Management

STOCKHOLM, March 28, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that on March 28, 2024, the independent compliance Monitor appointed by the U.S. Department of Justice (DOJ) (in June of 2020 in connection with Ericsson's resolution of historical violations of the Foreign Corrupt Practices Act (FCPA) violations) has certified that Ericsson's anti-corruption compliance program has satisfied requirements and is functioning effectively.

Key Points: 
  • STOCKHOLM, March 28, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that on March 28, 2024, the independent compliance Monitor appointed by the U.S. Department of Justice (DOJ) (in June of 2020 in connection with Ericsson's resolution of historical violations of the Foreign Corrupt Practices Act (FCPA) violations) has certified that Ericsson's anti-corruption compliance program has satisfied requirements and is functioning effectively.
  • This independent certification is a condition to conclusion of the Monitorship and Plea Agreement, currently expected to occur no later than June 2, 2024.
  • The role of the independent Monitor over the past four years has been to comprehensively review, assess, evaluate and test all aspects of the company's global anti-corruption compliance program and internal controls.
  • In fulfilling its duties, the independent Monitor team has had full access to the company's Board, executives, employees, global operations and books and records.

Independent Monitor certifies Ericsson's Compliance Program

Retrieved on: 
Thursday, March 28, 2024
Certification, Risk management, Monitor, Record, DOJ, FCPA, Book, Management

STOCKHOLM, March 28, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that on March 28, 2024, the independent compliance Monitor appointed by the U.S. Department of Justice (DOJ) (in June of 2020 in connection with Ericsson's resolution of historical violations of the Foreign Corrupt Practices Act (FCPA) violations) has certified that Ericsson's anti-corruption compliance program has satisfied requirements and is functioning effectively.

Key Points: 
  • STOCKHOLM, March 28, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that on March 28, 2024, the independent compliance Monitor appointed by the U.S. Department of Justice (DOJ) (in June of 2020 in connection with Ericsson's resolution of historical violations of the Foreign Corrupt Practices Act (FCPA) violations) has certified that Ericsson's anti-corruption compliance program has satisfied requirements and is functioning effectively.
  • This independent certification is a condition to conclusion of the Monitorship and Plea Agreement, currently expected to occur no later than June 2, 2024.
  • The role of the independent Monitor over the past four years has been to comprehensively review, assess, evaluate and test all aspects of the company's global anti-corruption compliance program and internal controls.
  • In fulfilling its duties, the independent Monitor team has had full access to the company's Board, executives, employees, global operations and books and records.

VANCOUVER TECH LEADERS LAUNCH NEW DETECTION SERVICE TO IDENTIFY DEEPFAKE CONTENT

Retrieved on: 
Wednesday, March 27, 2024
University, Algorithm, Face, Coalition, Digital, Intelligence, C2PA, SAP, Deepfake, Entrepreneurship, Student, Sustainability, FCPA, Government, Ivey Business School, Cryptocurrency

Mr. Gadalla, who is CEO of Verifiction, previously worked in senior product development capacities with tech companies around the world, including seven years with SAP.

Key Points: 
  • Mr. Gadalla, who is CEO of Verifiction, previously worked in senior product development capacities with tech companies around the world, including seven years with SAP.
  • Digital images, voices, videos, or text manipulated or generated by artificial intelligence have recently become widespread.
  • Celebrities, businesses, and students are increasingly targeted by those who use this technology for extortion, manipulation, or reputation damage.
  • "One thing that Praveen and I agree on is we would do anything for our kids," said Mr. Gadalla.

Sun Life names Timothy Deacon as Chief Financial Officer

Retrieved on: 
Monday, March 25, 2024
Certified Public Accountant, Financial management, TIM, Sun, Growth, Sun Life Financial, CFO, Business, Chartered, University, Treasurer, Commerce, Capital market, TSX, Senior, Queen's University, Sustainability, SLF, FCPA, CPA Canada, St. Clement's School, School, Management

TORONTO, March 25, 2024 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) is pleased to announce the appointment of Timothy (Tim) Deacon as Executive Vice-President and Chief Financial Officer, reporting to Kevin Strain, President and CEO, Sun Life, effective April 8, 2024.

Key Points: 
  • TORONTO, March 25, 2024 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) is pleased to announce the appointment of Timothy (Tim) Deacon as Executive Vice-President and Chief Financial Officer, reporting to Kevin Strain, President and CEO, Sun Life, effective April 8, 2024.
  • Mr. Singh will continue in his role as President of Sun Life Asia and as CFO until Mr. Deacon assumes his new role.
  • Mr. Deacon joins Sun Life most recently from a large pension plan with an extensive global footprint where he was the Chief Financial Officer and led a global finance function including financial management and reporting, taxation, financial operations, enterprise planning, asset valuation, procurement and sustainability reporting.
  • As CFO, Mr. Deacon will have responsibility for Sun Life's Finance organization including Finance, Tax, Capital Management, Investor Relations and strategic financial initiatives.

McDermott Expands Litigation Practice, Eyes White-Collar and Government Investigation Growth Opportunities

Retrieved on: 
Thursday, March 14, 2024
McDermott Will & Emery, Government, Corruption, New York Law Journal, Sagar, Drug Enforcement Administration, Justice minister, Risk, Operation Car Wash, United States Attorney, Ethics, SDNY, History, Artificial intelligence, FCA, AI, Chambers and Partners, Security (finance), Foreign Corrupt Practices Act, DOJ, False Claims Act, Publication, Tourism, Fraud, FCPA, International law, Private investigator

WASHINGTON, March 14, 2024 /PRNewswire/ -- International law firm McDermott Will & Emery continues to add top talent to its Litigation Practice Group, announcing the following new hires who focus on Foreign Corrupt Practices Act (FCPA) and False Claims Act (FCA) matters and cybercrime:

Key Points: 
  • "These new hires reflect our commitment to looking around corners and providing new strategies clients can use to get ahead of potential enforcement matters."
  • He has consistently been recognized as a leading FCPA lawyer by publications including Chambers USA, Legal 500 and GIR Just Anti-Corruption.
  • Sagar brings almost a decade of experience as a federal prosecutor to advise companies and individuals facing government investigations and enforcement actions.
  • "We are delighted to welcome these partners to our team, extending our capabilities in FCPA and cyber issues, said Steven Scholes , global head of McDermott's Litigation Practice Group.

Bridger Aerospace Strengthens Board with the Addition of Seasoned Business Leaders Elizabeth C. Fascitelli and David A. Schellenberg as Independent Directors

Retrieved on: 
Friday, March 8, 2024
Chartered, Goldman Sachs, Conair Group, Jim Pattison Group, Bridger Aerospace, Principal, Dartmouth College, Risk management, Aviation, Growth, Cold, CHDI, Perella Weinberg Partners, Risk, Young, FCA, University, Partner, Business administration, Cascade Aerospace, Harvard Business School, FCPA, Corporation, Woman, Management

Jeffrey Kelter, Bridger’s Chairman, commented, “The addition of two proven leaders is a very powerful statement in Bridger’s continuing evolution as a public company.

Key Points: 
  • Jeffrey Kelter, Bridger’s Chairman, commented, “The addition of two proven leaders is a very powerful statement in Bridger’s continuing evolution as a public company.
  • Additionally, Mr. Schellenberg added that "I am honored to join the Board at such an exciting time for Bridger.
  • Ms. Fascitelli earned a Bachelor of Arts from Dartmouth College and a Master’s in Business Administration from Harvard Business School.
  • David A. Schellenberg, age 60, is a seasoned businessman with over 30 years of operating and financial leadership and risk management experience.

CPABC awards 27 CPAs with member recognition for professional achievements and community contributions

Retrieved on: 
Tuesday, February 27, 2024
CFO, CPA, Methanex, Chartered, FCA, LLB, FCPA, Fellow, Management

VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Chartered Professional Accountants of British Columbia (CPABC) is pleased to honour 27 chartered professional accountants (CPAs) with Member Recognition Awards for their outstanding contributions to the CPA profession, their community, and/or their professional accomplishments.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Chartered Professional Accountants of British Columbia (CPABC) is pleased to honour 27 chartered professional accountants (CPAs) with Member Recognition Awards for their outstanding contributions to the CPA profession, their community, and/or their professional accomplishments.
  • Honourees exemplify the values that the CPA designation embodies, including integrity, high ethical standards, leadership, and community engagement.
  • “The 27 CPAs we are honouring this year are representative of exceptional professional success and service to the community at various career stages,” said Lori Mathison, FCPA, FCGA, LLB, president and CEO of CPABC.
  • It’s my pleasure to congratulate these outstanding 27 professionals on their achievements and I wish them continued success.”
    The 27 recipients will be honoured at the Member Recognition Dinner on April 3, 2024.