News & Analysis as of

Offshore Payments

Thomas Fox - Compliance Evangelist

Day 26 | Operationalizing compliance through payroll

One of the areas articulated in the 2019 Guidance was around payments and payroll. For both the compliance professional and the corporate payroll function, there is a significant role to play in the operationalization of a...more

Thomas Fox - Compliance Evangelist

The Role of Payroll in Compliance

One of the new areas articulated in the Evaluation of Corporate Compliance Programs (Evaluation) was around payments and payroll. For the both the compliance professional and the corporate payroll function, there is a...more

Thomas Fox - Compliance Evangelist

Day 17 of One Month to More Effective Compliance for Business Ventures- Corporate Controller and Business Ventures

One area not often considered by the CCO as a key part of any compliance regime is the corporate Controller. The Controller generally has the responsibility to accurately record and report the financial transactions of the...more

Sheppard Mullin Richter & Hampton LLP

China Capital Controls: Best Practices for Accelerating International Payments

Following the depreciation of Chinese currency RMB and the reduction in China’s foreign exchange reserves, foreign companies and individuals in China have met hurdles in moving their money out of China, and overseas companies...more

Alston & Bird

The Panama Papers: Are You at Risk?

Alston & Bird on

The recent document breach of unprecedented size (2.6 terabytes) from the Panamanian law firm Mossack Fonseca—known as “The Panama Papers”—poses various significant risks to corporations, private organizations, individual...more

Orrick - Employment Law and Litigation

Complaint about Foreign Tax Violations Sunk Under SOX

On February 12, 2014, the Fifth Circuit in Villanueva v. U.S. Department of Labor held that an employee did not engage in protected activity under SOX when he reported alleged violations of Columbian tax laws to U.S....more

Thomas Fox - Compliance Evangelist

Marine Transportation and Anti-Money Laundering

My recent article on the marine transportation industry and the Foreign Corrupt Practices Act (FCPA) generated some discussion ranging wider than simply the port agent issue regarding interaction with foreign government...more

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