Topic
Compliance Reporting
16 published works
UK Immigration Blog
Common Sponsorship Management System (SMS) Reporting Mistakes – And How To Avoid Them
Common SMS reporting mistakes of employers rank among the top triggers for sponsor licence downgrades, suspensions, and revocations in the UK, with most slip-ups rooted in weak processes and training…
Financial Services Observer
CFPB Issues Final Rule Requiring Certain Nonbanks to Report Final Public Orders and Submit Annual Compliance Reports
By Shane Foster, Lisa M. Lanham, W. H. Langley Perry, Jr., Rinaldo Martinez
On May 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued a Final Rule (the Rule) requiring certain nonbank “covered persons” to report certain final public orders issued by a local, state, or federal…
Bright Law Blog
Preview of questions in the AUSTRAC 2023 compliance report
Austrac has published the questions in the 2023 compliance report. Your 2023 Austrac compliance report will cover your business activities for the 2023 calendar year. The questions are getting more…
Gov Con Employment Exchange
OFCCP Announces Construction Contract Award Portal
By Laura A. Mitchell, Jackson Lewis P.C.
OFCCP announced today it will launch the Notification of Construction Contract Award Portal (NCAP) on August 26, 2022. While the NCAP is not yet live, OFCCP has launched an NCAP…
Allens Insights
Unravelled: AUSTRAC compliance reports are due
By Allens
Reviewing the recent changes to the form and how they will affect reporting entities 10 min read With 2022 now in full swing and the due date for AUSTRAC compliance…
Bright Law Blog
AUSTRAC action over international funds transfer reporting breaches
AUSTRAC has issued an infringement notice to State Street Bank and Trust Company (State Street) for $1,247,400 for failing to report international funds transfers. Under section 45(2) of the AML/CTF…
Consumer Finance Monitor
FTC Cites Need for Improvement in Compliance Reports
Less than a week after warning subpoena and CID recipients to take their obligation to respond “seriously,” the FTC took aim at perceived inadequacies in compliance reports submitted pursuant to…
Global Regulation Tomorrow
FCA modification to compliance reporting in SUP
By Luke Rodgers
On 12 February 2019, the FCA published a direction relating to a modification by consent of a rule (16.23A.6R(1)) in the Supervision manual (SUP) for employers' liability register compliance reporting.…
Administrative and Regulatory
New AUSTRAC Compliance Report format for 2018
AUSTRAC has released a new format for reporting entities to submit their annual compliance report (Compliance Report). This new compliance reporting format comes as a result of AUSTRAC’s reforms to…
Bright Law Blog
Austrac compliance report 2018 preview
Austrac has published a preview of the questions to be answered by reporting entities in its redesigned Compliance Report 2018, covering business activities from 1 January 2018 to 31 December…