360factors Blog

Risk, Compliance and Technology Thought Leadership Updates and Insights

360factor Blog

OSHA Safety Violation Fines Increased by Almost 78%

August 29, 2016 Raza Shahid

It’s a significant increase since 1990 that went LIVE on 1st August 2016. The maximum penalties have been increased by almost 78% as OSHA was previously exempted from raising them. It has been eliminated in the fiscal year 2016 bu...

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OSHA Strikes Again: NJ Contractor Gets $71,400 Fine for 29 Safety Violations

August 17, 2016 Andrew Hunt

From crane and electrical hazards to improper storage of propane fuel, RCS Construction was slapped with a heavy $71,400 fined by OSHA. Out of 29 citations, 26 were termed as “serious”. Some of the other references included: ...

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Understanding Highlighted & Under-Reported Healthcare Compliance Issues Of 2015/2016

August 4, 2016 RandallCharpentier

2016 is seeing the Healthcare Industry cope with issues and events such as the following: The transformation of institutions from quantity based reimbursement models to quality based and financially incentivized systems...

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Difficult Times: Goldman Sachs Sued for $510 million along with Regulatory Penalties?

August 2, 2016 Raza Shahid

Regulatory misconduct? Although the Malaysian High Court dismissed a similar suit, the private equity firm is pursuing the case against Wall Street giant for $510 million. The plaintiff claims Goldman Sachs alleged wrongdoing has cos...

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Federal Regulator Warns Banks about Complying with BSA/AML Laws

July 28, 2016 Bobby ONeal

Bloomberg BNA recently reported that a Federal regulator is not too optimistic about technological advancements in the banking sector, especially the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance laws that could le...

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Are US Businesses Ready for EU General Data Protection Regulation (GDPR)?

June 3, 2016 Ed Sattar

The EU’s General Data Protection Regulation could potentially strike any business around the globe if it is found in contact with an EU resident. It doesn’t stop here – the finalized regulation could impose penalties on non-comp...

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