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Wicks said the trend is for larger institutions to move to a global compliance approach with a minimum set of standards across all their operations.
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They take a compliance-based approach.
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Buffet and Munger reiterated their approach to compliance and their unwillingness and inability to keep a close eye on 260, 000 employees at a press conference the next day.
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Consistent with such an approach, Soviet compliance with publicly enunciated economic and political milestones should govern trade relations and all financial disbursements.
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The FDA continues to support this approach by including company and prescriber compliance as part of its REMS plan.
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Chad Bockius, CEO at Socialware, a social media compliance software company, said a purely technical approach such as linking the the APIs at social media providers, can catch about 70 percent of the data.
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There turn out to be at least six different facets to this approach: the establishment of an internal compliance program, bona fide market making, reasonably expected near-term demands of clients, registration under securities or commodities laws, revenue from fees and commission, etc.
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Throughout the years, most organizations have taken a reactive approach to the evolving set of security and compliance issues.
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The larger problem is the U.S. worldwide income approach and what for many is a significant degree of non-compliance.
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Opponents of this approach complain that unless the targets are internationally binding, and there is a compliance mechanism to enforce them, any global agreement will be toothless.
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