Category: USA

USA: SEC awards more than $300,000 to Auditor

If you thought that audit or compliance professionals were ineligible for whistleblower awards, think again. The Securities and Exchange Commission (SEC) awarded today more than $300,000 to an auditor whose “high-quality information and continuing assistance significantly contributed to a successful enforcement action”. Members-only content.… Continue Reading “USA: SEC awards more than $300,000 to Auditor”

USA: Nowhere Left to Hide for Owners of Shell Companies

Questionable owners of anonymous shell companies may face a much harder time hiding their dirty money in the U.S. in the future. Members-only content. While the blog operates on a free-to-view basis, your registration is required in order to read all of the content. To continue… Continue Reading “USA: Nowhere Left to Hide for Owners of Shell Companies”

OFAC fines Warren Buffett’s Berkshire Hathaway $4.2 million for Iran sanctions violations

OFAC fined Warren Buffett’s company, Berkshire Hathaway, $4.2 million after its Turkish subsidiary (Iscar Turkey) knowingly violated the US sanctions against Iran. Members-only content. While the blog operates on a free-to-view basis, your registration is required in order to read all of the content. To continue reading, please… Continue Reading “OFAC fines Warren Buffett’s Berkshire Hathaway $4.2 million for Iran sanctions violations”