NDAA Creates New Whistleblower Law

NDAA Creates New Whistleblower Law

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this, our 200th episode Matt and Tom go into the weeds to look at the new anti-money launder whistleblower law (AMLA) which is part for the updated Bank Secrecy Act legislation, included in the National Defense Authorization Act authorization of 2012 (get all that). It significantly expands whistleblower protections for those who come forward with AML or other similar allegations. Some of the issues we consider are: · Why has this been created for the Department of the Treasury? · Who will administer the whistleblower program? · What lessons has Congress learned about protecting whistleblowers? · Can a CCO be a whistleblower under this new law? How about a GC? Resources For more information see Mengqi Sun’s article in the WSJ Risk & Compliance: Defense Bill Proposes Anti-Money-Laundering Whistleblower Program For an excellent breakdown of the legislation, see the Zuckerman Law Firm’s Whistleblower Protection Law and SEC Whistleblower Awards Blog: Anti-Money Laundering Act Establishes Whistleblower Reward Program and Protects Whistleblowers from Retaliation Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episoder(434)

Survey Finds Widespread Retaliation Against Compliance Officers

Survey Finds Widespread Retaliation Against Compliance Officers

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1 Jul 26min

Bosch and the Foreign Direct Product Rule: Lessons from the Export Controls and NSD Settlement

Bosch and the Foreign Direct Product Rule: Lessons from the Export Controls and NSD Settlement

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24 Jun 27min

OFAC’s Warning Shot: FTI Consulting Fined for Indirect Dealings with Sanctioned Bank

OFAC’s Warning Shot: FTI Consulting Fined for Indirect Dealings with Sanctioned Bank

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Why the Compliance Job Market Feels Frozen

Why the Compliance Job Market Feels Frozen

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3 Jun 23min

An SEC Rollback and a Tribute to Barney Frank

An SEC Rollback and a Tribute to Barney Frank

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27 Mai 23min

The DOJ Trainwreck and the Rising Risk Calculus for Compliance and Self-Disclosure

The DOJ Trainwreck and the Rising Risk Calculus for Compliance and Self-Disclosure

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Ohio State and Improper Requests by a President

Ohio State and Improper Requests by a President

The award-winning Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore the subject more fully. Looking...

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Navigating DOJ's Evolving Self-Disclosure Strategies

Navigating DOJ's Evolving Self-Disclosure Strategies

The award-winning Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore the subject more fully. Looking...

29 Apr 23min

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