Compliance Law360 provides cutting-edge news and analysis of interest to corporate compliance officers and the lawyers and consultants who advise them. From real-time information and data on regulation and enforcement to incisive features on the increasing demands facing chief compliance officers in today’s world, the wire aims to be a one-stop shop for CCOs looking to stay abreast with a complex world.
New proposed treasury regulations, which would implement the Tax Cuts and Jobs Act's income tax withholding regime for transfers of foreign partnership interests, make several significant changes to earlier IRS guidance, say attorneys at Dentons.
When Elizabeth Arden Inc. was looking for a potential buyer five years ago, a former UBS compliance officer with access to information about the possible acquisition was exchanging text messages with a trader friend who bought shares in the beauty products company, a London jury heard Monday.
The owner of a shuttered Miami home health care agency will head to prison for two and a half years after being sentenced Monday for his role in a fraud scheme that caused Medicare to pay nearly $1 million in claims for services that were never provided.
Securities regulators told a Manhattan federal judge Monday that they may soon identify two traders, one possibly in an oversees British territory and one possibly in Russia, who flipped a shady $2.5 million profit on Anadarko Petroleum ahead of an acquisition bid by Chevron.
The U.S. Securities and Exchange Commission has made clear that it expects companies to take action to avoid and remediate cybersecurity breaches, and to carefully review information disclosed via social media. But many officers and directors remain underprepared for SEC enforcement in these areas, say attorneys at Vinson & Elkins.