The Bureau of Industry and Security (BIS), housed within the US Department of Commerce, is one of Washington’s central gatekeepers of national security and foreign policy. Its mission is carried out largely through export controls, which determine who can access sensitive US-origin goods, software, and technology.
JPMorgan Chase will pay $330 million to Malaysia to settle claims linked to the country’s 1MDB sovereign wealth fund scandal, even as its Swiss private banking arm faces a criminal conviction for failing to prevent aggravated money laundering.
The UK’s Competition and Markets Authority (CMA) has confirmed it will launch an initial investigation into the proposed acquisition of Shutterstock by Getty Images, two of the world’s largest stock image providers.
The Office of the Comptroller of the Currency (OCC) has published its latest round of enforcement actions, and the list makes for a telling snapshot of the different ways trust in the banking system can fray. On one end, a small Illinois bank is under pressure to fix fundamental weaknesses in capital and planning. On the other, a string of former tellers and managers from some of the country’s biggest banks have been banned from the industry for dipping into customer funds.
Federal Trade Commission (FTC) Chairman Andrew N. Ferguson has issued a pointed warning to some of the world’s biggest technology companies to not weaken Americans’ data security or censor speech at the request of foreign governments.
For years, environment, health, and safety (EHS) programs were treated as the paperwork-heavy cousin of corporate compliance—necessary, yes, but hardly the stuff of boardroom strategy. That perception is quickly eroding. A new EY survey shows that when companies take EHS seriously and invest strategically, they don’t just tick regulatory boxes, they create real, measurable business value.
Australia’s communications watchdog has released new guidance to help television manufacturers adapt to the nation’s forthcoming TV prominence framework, a regulatory shift designed to ensure Australian audiences can more easily find free-to-air channels and their digital counterparts.