Latest news with #Compliance
Associated Press
10 hours ago
- Business
- Associated Press
Making Compliance Sexy and Real: Three Tips From a Direct Selling Industry Pro
This year, the Direct Selling Channel Summit powered by Social Selling News, in collaboration with the Direct Selling Association, brought together the industry's most brilliant minds featuring leaders who shared actionable strategies and inspiring lessons. Dayna Boozer, Manager, Salesforce Compliance at Mary Kay Inc., the #1 Direct Selling brand of skin care & color cosmetics in the world by Euromonitor International1, participated on a panel titled 'A Day In The Life: Life Hacks For a Happy Compliance Officer' to discuss how she approaches the role of Compliance 'The Mary Kay Way,' as an empowering partner to the iconic company's Independent Beauty Consultants guiding them on their journey to sustainable success, modeling a 'doing the right thing' mindset and attitude. We sat down with Dayna to hear her thoughts on her unique approach to Compliance, based on her over 30 years of experience at Mary Kay Inc. working on behalf of the independent sales force and the Company. She explained how she finds passion in her work, and how she inspires the women she serves and leads to bring positivity, purpose, and passion to their own work each and every day. Additional thoughts from Dayna Boozer about the 'Mary Kay Way' applied to Compliance. About Mary Kay One of the original glass ceiling breakers, Mary Kay Ash founded her dream beauty brand in Texas in 1963 with one goal: to enrich women's lives. Learn more at Find us on Facebook, Instagram, and LinkedIn, or follow us on X. # # # 1 'Source Euromonitor International Limited; Beauty and Personal Care 2024 Edition, value sales at RSP, 2023 data' Visit 3BL Media to see more multimedia and stories from Mary Kay
Yahoo
23-05-2025
- Automotive
- Yahoo
Rules, Rates and Red Flags – What Every Small Carrier Needs to Watch Right Now
The Federal Motor Carrier Safety Administration is officially turning up the heat again on something that's been quietly enforced for years: English language proficiency behind the wheel. This week, Sean Duffy, confirmed that the agency will be fully restoring enforcement of English requirements for commercial drivers. This means inspectors and compliance officers will now be actively verifying that truck drivers can understand traffic signs, communicate with officials and fill out required documentation — all in English. This isn't a 'new' rule — it's been on the books since the early 2000s. But for years, enforcement was spotty at best. Duffy made it clear that time is over. The agency says it's not just about following rules — it's about safety and accountability. The concern is that if a driver can't clearly communicate with law enforcement or understand routing instructions, that breakdown could turn into something worse — especially during emergencies or emphasized this isn't a political move — it's about restoring public trust in commercial transportation and ensuring every driver on the road is operating from the same rulebook. If you have drivers who speak limited English, now is the time to get ahead of this. While the regulation doesn't require native fluency, it does require basic operational understanding — reading road signs, answering DOT questions and logging entries without assistance. Here's what you should do: Prep your drivers for common inspection scenarios and questions. Audit your internal hiring and documentation process to make sure logs, driver vehicle inspection reports (DVIRs) and records of duty status (RODS) are being completed correctly. Make sure dispatch communication isn't creating extra confusion due to language gaps. This will likely start showing up in random inspections, roadside stops and DOT audits. It's not just a driver issue — if your company gets flagged, you could face out-of-service time, fines or even a Compliance, Safety and Accountability (CSA) it or not, enforcement is swinging back toward fundamentals. This rule has always been there — the only difference now is: They're watching again. And if you're running a fleet, especially one with immigrant drivers or a bilingual team, now's the time to make sure your operation is buttoned up. This week, the U.S. Senate narrowly passed a resolution aimed at blocking California from enforcing stricter-than-federal emissions standards on diesel-powered vehicles. While the move is mostly symbolic for now — and faces a potential veto from the White House — it raises a real question for trucking: Is this the start of a larger pushback on California's environmental mandates? And more importantly, could this eventually impact mandates like Diesel Particulate Filter (DPF) requirements, zero-emission targets and California Air Resources Board enforcement? The resolution, introduced under the Congressional Review Act, targets California's waiver authority under the Clean Air Act — the very mechanism that allows the state to implement its own stricter air quality rules. These rules don't just apply to California-based carriers. If you run freight into the state, you're expected to comply too — regardless of where your truck is plated. The Senate vote was tight, 50-48, and while it won't likely become law under this administration, it sends a clear message: There's growing resistance in Washington against states enforcing climate policy that exceeds federal standards. Let's be clear — this Senate resolution doesn't directly touch DPF regulations. But if California's legal authority to out-regulate the federal government is ever rolled back, the DPF conversation could absolutely be Because California's truck regulations are often the launching pad for nationwide emissions enforcement: The DPF mandate came out of CARB rules that were later adopted in other states. Zero-emission fleet rules and truck bans based on engine model years are also driven by CARB timelines. Once California builds it, other regulators tend to follow. If lawmakers succeed in limiting California's Clean Air Act authority, it could blunt the momentum behind new nationwide emissions rules. But that's a big 'if.' Right now, nothing changes — but the pressure is building. If you're a small fleet or owner-operator running into California, you still need to comply with DPF requirements, clean idle restrictions and CARB reporting. But if the political tides shift — say after the next election — there could be: Legal battles over how far California can go. Delays or rollbacks on fleet transition deadlines. More wiggle room on equipment replacement or retrofitting. On the other hand, if the EPA and CARB stay aligned, don't expect any slowdown — especially as EV funding and air quality compliance programs ramp up. This resolution is just a shot across the bow — not a done deal. But for small carriers trying to plan equipment strategy, it's a reminder that California's rules don't exist in a vacuum. If one state has the power to reshape national freight equipment standards, then every carrier — no matter where you're based — needs to keep one eye on Sacramento and the other on Washington. For the past year, small carriers have been navigating a flat, cold freight market. Rates were stagnant, rejections were low and tenders were soft. But now? Something's stirring. And the latest SONAR data may be signaling the early tremors of a shift. Let's walk through the charts, one by one: You don't need to be a data scientist to see what's happening on the Van TRAC spot rate map. Blue is dominating coast to coast — especially across the Southeast, Mid-Atlantic and lower Midwest. That shade of blue? It means above-average outbound spot rate increases. This isn't isolated. It's broad. And while a four-day spike doesn't make a full recovery, it's enough to make smart carriers pay attention. If you're running lanes in the Carolinas, Georgia or Kentucky — you've probably already felt it. Rates are rising, brokers are tightening up and negotiations are leaning a little more in your favor. Now let's pair that up with volume. Volume has held firm — climbing back from the early April dip and settling just above 10,000. That's not record-breaking, but it is healthy. And more importantly: It's consistent. This steady volume means freight is moving. Shippers are tendering loads. And when you pair steady tenders with increasing spot market pressure, it starts to tilt the balance. Now this is the big one. Tender rejections are up to 6.41%, and that's where the story changes. Why does this matter? Because rejections are a key leading indicator of rate pressure. The higher the rejection rate, the more freight spills over into the spot market. And when that happens, prices follow. Just a few weeks ago, rejections were struggling to hold above 5%. Now they're building real momentum. This shift signals that contract carriers are starting to say no — either because they don't have the capacity or because spot is starting to pay better. The national average rate jumped from the $2.20s to $2.34. That's the sharpest climb we've seen in weeks — and it's happening just as the Southeast and Texas markets heat up. A strong NTI in late May is a sign of tightening capacity, and we haven't even hit Memorial Day yet. If this trend continues into June, small carriers could see more leverage on the phone when calling brokers. This isn't the full rebound everyone's been waiting on — but it is the strongest signal we've had in months that the freight market may be turning a corner. So here's what smart carriers should be doing right now. If you're running loads off the board, here's where your focus should be: Pay attention to which lanes are heating up. If you're seeing more blue on the map in places like the Southeast and Mid-Atlantic, that's your signal. Those lanes are paying better — start shifting your search in that direction. Let's say you're running out of Atlanta headed to Charlotte, North Carolina. According to SONAR data, that lane has seen a noticeable upward shift in spot rate trends over the past week, especially with rejection rates ticking up in the Southeast. If a broker throws out $550-$600 for that run? That's low-ball territory right now. Try pushing back like this: 'That might've moved for $600 a few weeks ago, but the market's shifted. I'm looking at data that shows tighter capacity in this region and more freight moving. To do this load reliably today, it needs to be closer to . Otherwise, I'll wait for the next one.' Why this works: You're not just asking for more — you're backing it up with market shifts. You're communicating that you're not desperate and understand your value. You're testing the waters — if they can't meet it, chances are another broker will, especially in a lane heating up. Stop taking the first offer. With rates moving up, brokers might still throw low numbers at you out of habit. Don't fall for it. Push back. Ask for more. You have a little more leverage this week than you did last week. Try saying: 'Hey, I've seen what this lane's been doing over the last few days — it's tightening up. If you want a reliable carrier, I can do it, but we're gonna need to be closer to [$X] to make it work.' Watch your fuel costs. Just because rates are going up doesn't mean your profit is safe. Diesel still eats your margins alive if you're not careful. The market may be shifting, but that doesn't mean all the games are gone. If anything, when rates heat up, so does shady behavior by brokers. We've seen more reports of double-brokering, ghosting after pickup, and brokers posting loads with unrealistic appointment times or fake rate commitments — especially in tighter markets. If you're booking freight off the board, you have to stay sharp. Here are the red flags that should have you hitting the brakes before you book that next load. If a broker's MC was issued in the past six to 12 months and they're offering 'too good to be true' money, treat that as a trap until proven otherwise. Check: Their FMCSA snapshot. Google reviews (if any). TIA membership (optional, but helpful). New brokers can be legit — but verify before you haul. If a broker doesn't answer the phone or insists everything be done over email or chat — especially if they're pushing a rate confirmation fast — step back. This is a favorite move for double brokers trying to avoid real contact. Ask yourself: 'If something goes wrong on this load, who's answering the phone?' If you can't get a real human on the line, you're on your own when it hits the fan. If you're offered $950 on DAT, but the rate con comes back at $775? That's intentional. Some shady brokers will try to bait-and-switch the payout and hope you don't catch it before signing. Always double-check: Pickup and drop windows. Commodity details. Final rate listed. Detention/layover terms. If it doesn't match the load board post or your phone conversation, push back before signing. If your factoring company won't touch them — that's not a mystery. That means they either pay slow, have a poor history or are flagged for nonpayment. Before you take the load, run a quick credit check or call your factoring provider. You can't afford to wait 60 days to get paid — or worse, not get paid at all. Start keeping your own list of brokers who: Changed the rate. Failed to pay. Misrepresented appointments. Disappeared after dispatch. You can build a decent weekly revenue just working with a tight rotation of brokers who pay fair and run clean. Bottom Line: The freight market may be improving, but not every player in it deserves your trust. Your time, fuel and liability are real. Only move freight with people who respect that. This week, CBS News reported on a new initiative that could have long-term effects on the reentry opportunities for formerly incarcerated individuals. The program, led by New York City's Department of Corrections in partnership with the Department of Small Business Services, is designed to connect people recently released from Rikers Island with training and licensure needed to become commercial truck drivers. Here's what we know so far, according to CBS. The initiative focuses on CDL training and job placement assistance for individuals reentering society after incarceration. It was announced by New York City Mayor Eric Adams and is aimed at addressing the city's commitment to second-chance employment. Participants will have access to wraparound services, including: Resume and interview prep. CDL training. Work-readiness development. Licensing support. Connection to job opportunities with hiring employers in the trucking industry. According to CBS, the program is currently voluntary and open to individuals with a clean driving record and a demonstrated interest in commercial driving. The mayor highlighted that this is part of a broader public safety and workforce strategy, stating: 'We're not just talking about rehabilitation — we're creating real pathways to employment.' Employers are being recruited to pre-commit to hiring program graduates, signaling strong public-private partnership backing. Why It Matters for the Industry While this program is launching in New York City, CBS reports that it's part of a national trend — where reentry workforce initiatives are being targeted. If successful, programs like this could: Provide more qualified CDL holders into the workforce. Offer a second chance to people trying to rebuild their lives. Help address ongoing capacity and driver availability gaps — especially in metro areas. Source: CBS News This week wasn't just about headlines — it was a warning shot across the entire industry. Enforcement is back on the basics. Rates are finally showing signs of life. And fraud? It's still lurking around every corner of the load board. What you do with that information is what separates the ones who make it from the ones who keep blaming the market. Whether it's understanding how the FMCSA is changing its tone, catching a broker playing games or seeing where freight is heating up before the crowd — the advantage goes to the carrier who stays alert, moves smart and thinks ahead. So here's your charge this week: Don't just run. Run with clarity. Run with purpose. Run like you have something to protect. Because you do. Until next week — stay sharp, and keep rolling. The post Rules, Rates and Red Flags – What Every Small Carrier Needs to Watch Right Now appeared first on FreightWaves.
Business Upturn
22-05-2025
- Business
- Business Upturn
Solidus Labs Unveils Agentic-Based Compliance: A New Model for Trade Surveillance Operations
By Business Wire Published on May 22, 2025, 17:38 IST New York, United States: Solidus Labs , the category-definer in trade surveillance and risk monitoring for digital and traditional asset classes, today announced the launch of Agentic-Based Compliance, a groundbreaking model for surveillance operations that leverages a network of AI agents to deliver exponential efficiency, precision, and intelligence across the entire trade surveillance and transaction monitoring investigation lifecycle. Legacy compliance solutions have failed to keep up with the rapid modernization and growing complexity of global markets. Compliance teams are forced to work with a patchwork of disconnected and expensive tools that fail to deliver results efficiently. According to McKinsey , compliance analysts spend 80% of their time on low or moderate-risk issues, often repetitively resolving false positives or performing menial work. This inefficiency extends to market abuse detection: Despite the enormous resources and efforts invested in compliance technology, firms continue to face enforcement actions for missed manipulation. Research shows that market abuse like insider trading occurs in 20% of mergers and acquisitions and 5% of quarterly earnings announcements in U.S. markets. More broadly, only 4% of Suspicious Activity Reports (SARs) lead to law enforcement investigations. This isn't a failure of effort – it's a failure of architecture. Built on Solidus' proprietary platform, HALO, Agentic-Based Compliance reimagines how financial institutions detect, investigate, and resolve market abuse risks. It replaces legacy systems and siloed workflows with a unified, intelligence-led architecture powered by autonomous AI agents that augment human analysts and operate across a multi-dimensional risk environment. 'Agentic-Based Compliance is the only way compliance teams can stay ahead of emerging complexities like 24/7 off-platform trading, enhanced retail participation and the heightened risks they carry for cyber-enhanced financial crimes and cross-product and cross-market manipulation,' said Asaf Meir, Founder and Chief Executive of Solidus Labs. 'Our vision is simple: Compliance operations should be as scalable, intelligent, and efficient as the markets they're designed to protect. Solidus' Agentic-Based Compliance delivers just that, solving for tech sprawl, alert fatigue, talent shortage and surveillance blind spots that cost firms thousands of hours and can reach billions of dollars in losses and fines.' HALO embeds a fleet of purpose-built AI agents, each designed to streamline a specific stage of the compliance investigation lifecycle — from signal enrichment and alert remediation to model testing, OSINT intelligence feeds, case management, and regulatory reporting. Born in crypto's highly fragmented and complex environment, Solidus' Agentic-Based Compliance is future-proof by design for all asset classes, leading to 20X faster investigations and saving compliance analysts as much as 5 hours of menial work per day. Like all Solidus Labs' solutions, it was developed in tandem with regulatory feedback – aligning with the current and evolving demands of modern financial markets, including the imperatives of market abuse regulations in the U.S., EU, and other leading jurisdictions. Poised to power the next generation of surveillance operations, Solidus' Agentic-Based Compliance is already gaining traction among forward-looking financial firms seeking to modernize their compliance capabilities and reduce operational strain. To learn more, visit . About Solidus Labs Solidus Labs is the category-definer for Agentic-Based Compliance in trade surveillance and risk monitoring. Founded in 2018 by Goldman Sachs veterans, the company merges Wall Street rigor, crypto-native innovation, and cybersecurity principles to reinvent compliance for the modern financial era. At the core is HALO, an AI-powered risk-based platform trusted by financial institutions, crypto firms, and regulators globally to drive proactive, intelligence-led oversight — across any product, venue, or asset class. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences.
Yahoo
16-05-2025
- Automotive
- Yahoo
Trucking gives DOT an earful on unshackling freight market
WASHINGTON — When the U.S. Department of Transportation solicited comments in April on what it could do to remove burdensome and costly regulations, the trucking sector didn't hold back. Of the close to 900 recommendations for deregulatory actions filed with DOT – part of the department's implementation of executive orders issued by President Donald Trump aimed at cutting through the federal bureaucracy and controlling costs for industry – roughly 30% were related to regulations affecting truck drivers and motor carriers. Many called for removing or modifying the electronic logging device mandate, with critics arguing that ELDs are expensive and inflexible, and can lead to unsafe driving practices as truckers race against the clock. Some suggested that ELDs be optional or only required for drivers with poor safety records. Critics of the mandate are at odds with the American Trucking Associations, however, which contends that the devices have made the roads safer and are a more effective way of keeping track of a driver's work hours. Several respondents, including the Owner-Operator Independent Drivers Association, requested changes to truck driver hours-of-service rules, including: Reducing the mandatory 10-hour reset to eight hours. Eliminating or modifying the 70-hour rule. Allowing more flexibility in sleeper berth splits. Reconsidering the 30-minute break requirement. Multiple commenters stated they were frustrated with emissions regulations and diesel exhaust fluid systems, citing increased costs, reduced reliability and questionable environmental benefits. Other areas garnering multiple comments from the trucking industry: Transparency in broker transactions: Calls for greater transparency in broker-carrier relationships, with some suggesting regulations to cap broker fees or mandate disclosure of amounts charged to shippers. ATA and the Transportation Intermediaries Association pushed back on these suggestions, warning that such changes would undermine freight market competition and expose broker and shipper trade secrets. Insurance and safety scoring: Comments addressed issues with insurance costs and the Federal Motor Carrier Safety Administration's Compliance, Safety and Accountability scoring system. Some argued that personal driving records should not affect commercial insurance rates, while others called for reforms to how accidents are recorded and impact safety scores. Size and weight restrictions: Some commenters, particularly those in specialized segments like hotshot trucking, requested revisions to length restrictions that they feel are outdated or unnecessarily limiting. The Autonomous Vehicle Industry Association wants truck-width restrictions loosened to allow more room for cameras and other driverless technology installed on the sides of the truck. Language requirements: Roughly a third of the comments filed by the trucking sector called for tighter – not looser – enforcement of English language proficiency requirements for CDL holders, citing safety concerns. Trump has already answered that concern, issuing an executive order last month to place out of service drivers who are not able to adequately speak or read in English. Tolling and taxation: There were complaints about perceived double taxation through both fuel taxes and tolls, particularly in the Northeast. Other issues raised included concerns about privacy related to ELDs and tracking apps, calls for reforms to CDL and MC number issuance processes, and requests for more support in financing options for aspiring owner-operators. CPAC wants Trump to overhaul FMCSA's waiver regime DOT: 'Confounding factors' hindering safety analysis of ELD mandate Project 2025 pushes automated trucks, pumps brakes on EVs Click for more FreightWaves articles by John Gallagher. The post Trucking gives DOT an earful on unshackling freight market appeared first on FreightWaves.
Sharjah 24
15-05-2025
- Business
- Sharjah 24
SEWA obtains the ISO 20000 for improving IT services
The project aims to improve and develop IT services by applying best practices and complying with international policies, enhancing user experience and raising institutional performance and business continuity. The project was implemented through joint efforts and integrated cooperation between the Governance, Compliance, and Risk Department of the Internal Audit and Risk Assessment Department and the Information and Communication Technology Department. Innovation and quality Majid Issa Hureimel Al Shamsi, Executive Director of Corporate Support at SEWA, emphasised that the project represents a model of integration between the two departments to achieve the Authority's vision and strategy for innovation and quality, and to continue working on implementing further initiatives that support digital transformation and the development of corporate services. Ensuring compliance with international standards Eng. Asma Yousef Ahmed, Head of Governance, Compliance, and Risk Assessment at the Internal Audit and Risk Assessment Department, said that the department is proud to complete this project, which enhances corporate governance practices and contributes to ensuring compliance with international standards. This cooperation between the two departments reflects the spirit of teamwork to achieve strategic goals and strengthen corporate standing. She stated that she hopes to achieve more accomplishments in the future. Advanced and effective technical services Eng. Fatima Ali Asghar, Acting Director of the Information and Communication Technology Department, explained that the ISO 20000 project represents a pivotal step towards providing more advanced and effective technical services. This project reflects the commitment to implementing international standards and efficiently meeting user needs. She thanked all teams for their dedication and outstanding efforts in achieving this accomplishment.
