Please answer questions briefly, and read the information and attach file very carefully

Link to the article: https://www.justice.gov/opa/pr/ngl-crude-logistics…

Organize your paper in the 3 parts below, using the given subheadings. Do not use Q&A format. Do not restate the question in your paper.

Part 1: Recent Compliance Problem and Enforcement Action

Using your selected article about an alleged legal/ethical compliance breach, answer the following questions (using A,B,C,D,E formatting). If the article does not address the question, state that the article did not address this point.

A. Identify the industry in which the compliance problem occurred or was alleged to have occurred.

B. What is the non-compliant behavior? When did happen? What laws or regulations were allegedly not followed?

C. When did the regulatory agency and/or court take action on this behavior?

D. What penalties and punishments resulted from this behavior?

E. What steps will be taken by the company to prevent the behavior from happening in the future?

Part 2: Student’s Opinion About the Recent Compliance Problem and Enforcement Action

This section is your opinion about the activities your article describes. What do you think about what happened, the company’s behavior, the government’s interventions, the impact on the industry and consumers and the public in general?

Part 3: Student’s Opinion About Compliance

Think about the information you have read in the compliance websites and about the compliance breach and enforcement action in your article, then answer the following questions (using A,B,C,D,E formatting). Do not use Q&A format. Do not restate the question in your paper.

A. Prior to this assignment, did you know the term GRC? After reading the websites listed in this assignment, what is your understanding of GRC today? Did your understanding change? How would you explain the term GRC and the role of compliance to your management team who are unaware of these terms? Does compliance impact all business functions, and if so, how?

B. Prior to this assignment, were you aware that compliance is becoming its own industry? Why do you think compliance is becoming a discrete industry?

C. What were some of the jobs from the jobs websites you visited? What were the salaries? Do you think a job like one of the listed jobs might be in your future after graduation? Why or why not? Why do you think compliance jobs pay high salaries? Identify at least 4 jobs by title and salary if given.

D. Assume you take a job after graduation that DOES NOT have ‘compliance’ in the job title. Do you think you will be required to perform compliance activities in that job? Stated another way, who do you think is responsible for compliance? Everyone in the company, or only those persons trained and certified in compliance?

E. What role to you see for compliance functions in the next 5 to 10 years in the U.S. legal environment of business?

Report Content & Format

The body of your report must be a minimum of 3 single-spaced pages (12 point Times Roman font, 1 inch margins for all margins). You may exceed the minimum length if needed. You may reference websites within your text (as opposed to creating a Works Cited page at the end). Any standard citation format is acceptable.

Format the body of the report with these subheadings and content:

Part 1: Recent Compliance Problem and Enforcement Action

Refer to the questions listed above. Answer each question. If your article does not address an item, say so. Do not do additional research. No extra points are earned using additional articles. Use the required formatting. Do not repeat the question then provide the answer (as Q and A format). Rather, use the question’s letter designation, then answer the question in narrative form.

Part 2: My Opinions of the Recent Problem and Enforcement Action

This section is your opinion. You should base your opinion on what you have learned about the industry and company under scrutiny, the relevant laws and regulations mentioned in your article, the alleged non-compliant behavior, the resulting injuries/harm. What would be happening in this company or industry without these laws and regulations? This section is for your thoughts and opinions.

Part 3: My Opinions of the Role of Compliance in Business

Refer to the questions listed in Part 3. Answer each question. Use the required formatting. Do not repeat the question (as in Q and A format). Rather, use the question’s letter designation, then answer the question in narrative form.

 

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