By Sascha Matuszak Reporter, SCCE|HCCA For almost a decade, Danske Bank's Estonian branch was a go-to for individuals in Russia and the former Soviet Union who needed to legitimize billions in illicit funds. The bank's CEO, Thomas Borgen, resigned … [Read more...]
Shipping Companies Respond to New Global Sulfur Cap on Marine Fuels
By Sascha Matuszak Reporter, SCCE|HCCA The world's largest cruise operator, Carnival Cruise, has committed to a new line of cruise ships powered by liquefied natural gas (LNG), considered to be the cleanest burning hydrocarbon available, a little … [Read more...]
California Passes Landmark Privacy Bill
By Sascha Matuszak Reporter, SCCE|HCCA California passed a landmark privacy bill on Thursday, June 28, that will have far-reaching and lasting effects on companies that manage and collect consumer data. California Consumer Privacy Act of 2018 (AB … [Read more...]
Politically Sensitive Contracts Can Affect Company Reputation
By Sascha Matuszak Reporter, SCCE|HCCA Companies contracted to implement President Trump's "zero tolerance" immigration policy face tremendous reputational risk, the Wall Street Journal reported on Friday, June 22nd. Images circulating of children … [Read more...]
What’s in a Privacy Policy?
By Sascha Matuszak Reporter, SCCE|HCCA Just a couple days before the GDPR goes into effect, and like you, I have been inundated by new privacy policies and terms of service from any and all web services I subscribe to, even if I haven't used them … [Read more...]
The DOJ Evaluation Guidance – A Roadmap to Compliance
By Sascha Matuszak Reporter, SCCE|HCCA It's been more than a year since the Fraud Section of the Department of Justice issued its Evaluation of Corporate Compliance Programs (Evaluation Guidance), but it is helpful to revisit this document to be … [Read more...]
President Trump’s Tweet Muddies Waters Around Iran Sanctions
By Sascha Matuszak Reporter, SCCE|HCCA In an unexpected twist, U.S. President Trump indicated via Twitter on Sunday that the enforcement actions against Chinese telecom company ZTE could be revisited. The tweet caught Commerce and Treasury … [Read more...]
The UK Information Commissioner’s Office’s Landmark Letter
By Sascha Matuszak Reporter, SCCE|HCCA On Friday, May 4, the UK Information Commissioner's Office (ICO) sent a letter to SCL Elections Limited, Cambridge Analytica's parent company, demanding the release of information regarding a US voter, David … [Read more...]
Setting the Trend: The California Transparency in Supply Chains Act
By Sascha Matuszak Reporter, SCCE|HCCA There are two major types of legislation targeting slavery and human trafficking in the supply chain. The first requires self-disclosure by companies regarding their efforts to combat human trafficking in … [Read more...]
Rogue Ships and Human Trafficking in the Supply Chain
Photo Credit: Reuters By Sascha Matuszak Reporter, SCCE|HCCA An Indonesian navy ship seized a fishing vessel earlier this month, after Interpol alerted authorities that the vessel was fishing illegally and had already escaped capture twice … [Read more...]