Many businesses and businesspeople are exposed to potential legal liability for a wide variety of financial crimes. Minimizing financial crime risk or exposure is critical and requires strict compliance with the state and...more
11/1/2022
/ Bank Fraud ,
Banking Sector ,
Compliance ,
Embezzlement ,
Financial Crimes ,
Financial Institutions ,
Financial Services Industry ,
Insider Trading ,
Investment Fraud ,
Mail Fraud ,
Money Laundering ,
Risk Assessment ,
Risk Management ,
Securities Fraud ,
Tax Fraud ,
Theft ,
Wire Fraud
The United States Department of Justice (DOJ) is the federal agency tasked with enforcing a wide range of federal laws and regulations. When the DOJ suspects that an individual or business has violated a federal law or...more
The tragedy of the COVID-19 pandemic is something we all agree we wish we could have avoided. However, the fact of the matter is that many respiratory and clinical labs have seen a boon to their bottom line due to the...more
8/10/2021
/ Chief Compliance Officers ,
Clinical Laboratories ,
Clinical Laboratory Testing ,
Compliance ,
Compliance Monitoring ,
Coronavirus/COVID-19 ,
Department of Health and Human Services (HHS) ,
Infectious Diseases ,
OIG ,
Policies and Procedures ,
Regulatory Requirements ,
Virus Testing
Durable medical equipment (DME) is particularly important for many Medicare beneficiaries. However, companies that manufacture and sell DME need to be careful because there are strict federal regulations outlining almost...more
7/28/2021
/ Audits ,
Centers for Medicare & Medicaid Services (CMS) ,
Chief Compliance Officers ,
Civil Liability ,
Compliance ,
Compliance Commitees ,
Corrective Action Plans (CAPs) ,
Criminal Liability ,
Department of Health and Human Services (HHS) ,
Disciplinary Proceedings ,
Durable Medical Equipment ,
Employee Training ,
Health Care Providers ,
Healthcare Fraud ,
Medicaid ,
Medicare ,
OIG ,
Physicians ,
Policies and Procedures ,
Standard of Conduct ,
TRICARE
Purpose and Background of the GLBA -
The Gramm-Leach-Bliley Act (“GLBA”), also known as the Financial Services Modernization Act of 1999, is a federal statute enacted by Congress in 1999 that requires financial...more
7/20/2021
/ Auditors ,
Audits ,
Banking Sector ,
Best Practices ,
Compliance ,
Customer Information ,
Data Breach ,
Data Privacy ,
Data Security ,
Financial Institutions ,
Financial Services Industry ,
GLBA Privacy ,
Gramm-Leach-Blilely Act ,
Incident Response Plans ,
Non-Public Information ,
Personal Information ,
Privacy Rule ,
Risk Assessment ,
Safeguards Rule
Clinical laboratories such as respiratory and clinical labs that bill Medicare, Department of Health and Human Services (“DHHS”) programs, and other federal programs are subject to oversight by the Office of Inspector General...more
7/14/2021
/ Chief Compliance Officers ,
Clinical Laboratories ,
Compliance ,
Compliance Commitees ,
Coronavirus/COVID-19 ,
Criminal Prosecution ,
Defense Strategies ,
Department of Justice (DOJ) ,
False Billing ,
Fraud and Abuse ,
Health Care Providers ,
Healthcare Fraud ,
Indictments ,
Investigations ,
OIG ,
Policies and Procedures ,
Virus Testing
Law firms process sensitive information on a daily basis. Confidential client data is targeted by hackers and insiders for a variety of reasons including financial gain or retaliatory purposes. When a law firm has a security...more
7/7/2021
/ Best Practices ,
Client Data ,
Compliance ,
Cyber Attacks ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Data Security ,
Hackers ,
Incident Response Plans ,
Law Practice Management ,
Popular ,
Ransomware ,
Risk Mitigation
The Gramm-Leach-Bliley Act (GLBA) is a federal law that establishes various legal requirements for companies that qualify as “financial institutions” under the Act. The GLBA’s definition of a “financial institution” is...more
6/15/2021
/ Civil Liability ,
Compliance ,
Consumer Financial Products ,
Consumer Privacy Rights ,
Data Privacy ,
Data Protection ,
Data Security ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Financial Services Industry ,
GLBA Privacy ,
Gramm-Leach-Blilely Act ,
Information Security ,
Non-Public Information ,
Notice Requirements ,
Opt-Outs ,
Personal Data ,
Personally Identifiable Information ,
Privacy Policy ,
Safeguards Rule
1. AML Laws -
Federal anti-money laundering (“AML”) laws are complex in nature and apply to a broad category of institutions and businesses. One of the most important AML laws is the Bank Secrecy Act, which obligates...more
5/18/2021
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Banking Sector ,
Broker-Dealer ,
BSA/AML ,
Compliance ,
Criminal Investigations ,
Criminal Prosecution ,
Customer Identification Program (CIP) ,
Defense Strategies ,
Due Diligence ,
Financial Institutions ,
Policies and Procedures ,
Popular ,
Reporting Requirements ,
Suspicious Activity Reports (SARs)
As federal agencies and law enforcement investigate pharmacies around the country for health care fraud and kickback schemes, pharmacies should be proactive in understanding their regulatory environment and the importance of...more
5/11/2021
/ Civil Liability ,
Compliance ,
Criminal Liability ,
Government Investigations ,
Healthcare Fraud ,
Kickbacks ,
Pharmaceutical Industry ,
Pharmacies ,
Policies and Procedures ,
Prescription Drugs ,
Regulatory Requirements
Companies of all sizes and in any industry would need effective corporate compliance programs. An effective compliance program not only mitigates risk in terms of reducing the likelihood of mistakes that can lead to...more
4/27/2021
/ Chief Compliance Officers ,
Compliance ,
Compliance Monitoring ,
Corporate Culture ,
Documentation ,
Employee Training ,
Enforcement ,
Internal Audit Functions ,
Internal Reporting ,
Investigations ,
Policies and Procedures ,
Risk Management ,
Risk Mitigation
The U.S. Department of Health and Human Services Office of Inspector General (HHS-OIG) is tasked with combating fraud under Medicare, Medicaid, and other federally funded healthcare programs. ...more
3/10/2021
/ Clinical Laboratories ,
Compliance ,
Compliance Monitoring ,
Corrective Action Plans (CAPs) ,
Dentists ,
Department of Health and Human Services (HHS) ,
Health Care Providers ,
Healthcare Facilities ,
Healthcare Fraud ,
Hospitals ,
Internal Audit Functions ,
Medicaid ,
Medical Billing Codes ,
Medicare ,
Nursing Homes ,
OIG ,
Pharmacies ,
Physicians ,
Policies and Procedures
What Is Corporate Intelligence?
Corporate intelligence is defined broadly as the process of acquiring business knowledge from internal and external sources in order to improve the productivity, sales, marketing, and...more
2/10/2021
/ Business Development ,
Business Operations ,
Complex Litigation ,
Compliance ,
Corporate Governance ,
Data Security ,
Due Diligence ,
Internal Controls ,
Internal Investigations ,
Policies and Procedures ,
Risk Assessment ,
Risk Management ,
Third-Party Risk
Today’s modern world enables complex business transactions to occur both within the United States as well as abroad in cross-border activities. Many of these transactions pose significant risks to business operations and the...more
1/20/2021
/ Business Operations ,
Civil Liability ,
Compliance ,
Corporate Counsel ,
Corporate Investigations ,
Corporate Liability ,
Corporate Misconduct ,
Criminal Liability ,
Cross-Border Transactions ,
Due Diligence ,
Fraud Prevention ,
Internal Controls ,
Internal Investigations ,
Reputation Management ,
Risk Management ,
Third-Party Risk
Compliance is a top legal concern for companies in all industries. From adequately protecting customer and employee data to avoiding allegations of bribery and fraud, compliance can mean different things under different...more
For public and private companies in all industries, the risk of being targeted in a U.S. Securities and Exchange Commission (SEC) investigation is a very real concern. As new and innovative securities offerings continue to be...more
10/24/2020
/ Celebrity Endorsements ,
Compliance ,
Defense Strategies ,
Disclosure Requirements ,
Enforcement Actions ,
Financial Fraud ,
Government Investigations ,
Influencers ,
Initial Coin Offering (ICOs) ,
Initial Exchange Offering (IEO) ,
Investment Fraud ,
Popular ,
Privately Held Corporations ,
Publicly-Traded Companies ,
Scams ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Securities Litigation ,
Securities Tokens ,
Securities Violations ,
Structured Financial Products ,
Virtual Currency
Compliance is a key aspect of operating a successful pharmacy in the United States. This is true for pharmacies that bill federal healthcare benefit programs (i.e. Medicare, Medicaid, and Tricare) and private payors, and it...more
8/3/2020
/ Americans with Disabilities Act (ADA) ,
Cannabidiol (CBD) oil ,
Compliance ,
Controlled Substances Act ,
DEA ,
DSCSA ,
Federal Trade Commission (FTC) ,
GINA ,
Health Insurance ,
Medicaid ,
Medical Billing Codes ,
Medicare ,
Pharmacies ,
Pharmacist ,
Pharmacy Benefit Manager (PBM) ,
Policies and Procedures ,
Risk Mitigation ,
TRICARE
- A tone-at-the-top business culture with CEO leadership is a critical component of effective anti-corruption and anti-bribery policy implementation.
- CEO leadership helps set an example for lower management and company...more
7/24/2020
/ Anti-Bribery ,
Anti-Corruption ,
CEOs ,
CFTC ,
Civil Monetary Penalty ,
Compliance ,
Corporate Counsel ,
Criminal Convictions ,
Criminal Investigations ,
Criminal Penalties ,
Department of Justice (DOJ) ,
Due Diligence ,
Duty to Preserve ,
Employee Training ,
Ethics ,
Failure to Comply ,
FBI ,
Foreign Corrupt Practices Act (FCPA) ,
Internal Audit Functions ,
Leadership ,
Meals-Gifts-and Entertainment Rules ,
Policies and Procedures ,
Securities and Exchange Commission (SEC) ,
Self-Reporting ,
Tone At The Top