The US federal sentencing guidelines for organizations(1991)
The sarabanes-oxley act
The SOX acts titles
The Dodd frank Wall Street reform and consumer protection act
100
What does FCPA stand for
What is foreign corrupt act
100
Chapter 8 of the guidelines that hold business liable for the criminal acts of their employees and agents
What is federal sentencing guidelines for organizations
100
A legislative response to the corporate accounting scandals of the early 2000s that covers the financial management of business
What is the Sarbanes-Oxley Act
100
Prohibits specific nonaudit services of public accounting firms as violations of auditor independence
What is title II auditor independence
100
Legislation that was promoted as the fix for the extreme mismanagement of risk in the financial section that lead to a global financial crisis in 2008-10
What is the Dodd frank Wall Street reform and consumer protection act
200
Requirement for corporations to fully disclose any and all transactions conducted with foreign officials and politicians.
What is disclosure(FCPA)
200
The calculation of a degree of blame or guilt that is used as a multiplies of up to 4 times the base fine.
What is culpability score
200
An independent oversight body for auditing companies
What is public company accounting oversight board(PCAOB)
200
Requires audit commits to be independent and undertake specified oversight responsibilities
What is title III corporate responsibilities
200
A government aqency within the federal reserve that oversees finical products and services
What is consumer financial protection bureau(CFPB)
300
Inclusion of wording from the bank secrecy act and mail fraud act to prevent the movement of frauds overseas for the express purpose of conducting a fraudulent scheme.
What is prohibition(FCPA)
300
A fine that is set high enough to match all the organizations assets- and basically put the organizations out of business.
What is death penalty
300
When did the Sarbanes-Oxley act became a law
What is July 30, 2003
300
Provides additional funding and authority to the SEC to follow through on all the new responsibilities outlined in the act
What is title VI commission resources and authority
300
A government agency established to prevent banks from failing and otherwise threatening the stability of the US economy
What is financial stability oversight council(FSOC)
400
Payments that are accaptable(legal) provided they expedite pr secure the performance of a routine governmental action
What is facilitation payments(FCPA)
400
Criminal offenses whether actual or suspected must generate an appropriate response, analysis, and corrective action.
What is response and corrective action
400
One of the worlds largest insurance companies, received a lifetime loan of 85 billion from the US government in September 2008
What is American insurance group
400
Conveys the sense of the senate that the CEO should sign a company's federal income tax return
What is title X Corpate tax returns
400
Are financial instruments based on the performance of other financial instruments such as mortgage backed securities
What is derivatives
500
Any regular administrative process or procedure, excluding any action taken by a foreign official in the decision to award new or continuing business
What is routine governmental action(FCPA)
500
These ethics policies must be effectively communicated to every stakeholder of the organization
What is communication of standard and procedures
500
An investment house that had historically been held in the same high regard as AIG, did not fare well in the financial crisis.
What is Lehman brothers holdings
500
Provides that any person who attempts to commit whit collar crime will be treated under the law as if the person had committed the crime
What is title IX white collar crime
500
Sought to stop the trading of derivates completely. It will limit the ethically questionable practices of banks taking opposing positions to trades that they are simultaneously prompting their clients