Corporate Transparency Act United States business regulations are ever-evolving, and the Corporate Transparency Act (CTA) marks a significant shift in the requirements for small and medium-sized businesses. The CTA aims
The Global Association of Risk Professionals (GARP) featured Braden Perry, among other experts, in an article on the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) recent steps to raise the
Global Association of Risk Professionals (GARP) features Braden Perry, among other experts, in an article regarding the Anti-Money Laundering Act extension. The Anti-Money Laundering Act of 2020 recently widened their
Non-fungible tokens, or NFTs, are generating a lot of money and media hype right now through the overlapping of crypto and cannabis. It’s an exciting commodity and straddles the illicit
Chapter 1: “And It’s Such a Cool Website!” It was a sunny Friday, and I was about to put on my mask to leave the building for the weekend when
Last week, Citibank wrapped up its six-day trial after one of the biggest banking errors in recent memory. The error occurred when Citibank accidentally wired a payment of $900 million
An employee error caused Citigroup Inc. to mistakenly pay out over $900 million of its own money to a group of lenders. So far at least one of the lenders
TechNewsWorld sources Perry for his regulatory and compliance knowledge regarding new technology research done at a Swedish University in Zurich. New developments show a method that embeds artificial DNA into
Kennyhertz Perry partner Braden Perry talked to Reuters regarding the CME’s new rules, including the change in fines. The owner of the Chicago Board of Trade, New York Mercantile Exchange
In a complex business environment with increased regulatory scrutiny around governance issues and stringent demands, Kennyhertz Perry’s regulatory and compliance attorneys brings a sophisticated understanding of the impact of these
Increasingly, trafficking-related activities in global supply chains include corruption, bribery, and other conduct that could result in liability for companies subject to Foreign Corrupt Practices Act (FCPA) jurisdiction. Both sending countries and countries employing forced labor can be liabilities for companies unknowingly using unscrupulous agents. Companies can avoid FCPA prosecution by instituting an effective, functioning compliance program. Routine FCPA Due Diligence is a critical component in maintaining a FCPA compliance program.
If you or your company is subject to, or suspects potential supply chain issues, contact our experienced attorneys. Attuned to detail, Kennyhertz Perry’s investigations are unparalleled in quality, exceeding the highest standards.
Recently, Braden Perry discussed Real Estate encryption and client privacy with Virtru Business Solutions Blog and described how the Consumer Financial Protection Bureau (“CFPB”) monitors compliance and privacy.
The CFPB is designed to help consumers across the financial industry, said Perry. And company culture is often the biggest obstacle to CFPB compliance: “Many regulated companies are “reactive,” meaning that they do not anticipate issues but wait for issues to arise and then act or “react.” [They’re] short-sighted, looking at the near-term and not focused on long-term goals. “Proactive” companies are forward looking, not only in anticipating issues that might arise, but in having clear directions and goals.”
Perry recommended that companies remain open to change. Reactive organizations tend to resist security initiatives, creating an “uphill battle” for compliance staff. To succeed, organizations need full management buy-in.
