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1. Tencent to Work With Chinese Regulators to Limit Minors’ Online Game Time.

Tencent President Martin Lau said that regulators are focused on limiting the amount of time and money that minors devote to online games across all platforms and that the company has been proactively addressing the issue.

2. Former Salvadoran Soccer Official Pleads Guilty in FIFA Case
A former Salvadoran soccer official pleaded guilty to charges stemming from a years-old corruption case involving the world soccer-governing body FIFA.

Reynaldo Vasquez, a former president of El Salvador’s national soccer federation, was charged by U.S. prosecutors in 2015 but was only recently extradited to the U.S. He pleaded guilty to one count of racketeering conspiracy Monday in a virtual hearing held by District Court Judge Pamela Chen of Brooklyn.

Prosecutors say Mr. Vasquez and his co-conspirators solicited and took bribes in exchange for awarding media and marketing contracts for World Cup qualifying matches played in El Salvador. They also agreed to receive bribes in connection with the participation of El Salvador’s national soccer team in matches played in the U.S., prosecutors said. 

During Wednesday’s hearing, Mr. Vasquez described helping arrange bribes from a media executive to other soccer officials after he stepped down as president of El Salvador’s soccer federation in July 2011. “My participation in this bribing was wrong,” he said through a translator.

Mr. Vasquez, 65 years old, faces up to 20 years in prison, although prosecutors on Monday indicated that they would propose a shorter sentence. His sentencing is scheduled for December. He has also agreed to forfeit $360,000.

The FIFA case upended the world of soccer when the U.S. attorney’s office for the Eastern District of New York unsealed its first round of charges in May 2015. Successive grand-jury indictments painted a picture of a sprawling network of corruption involving some of the organization’s most prominent figures.

3. Relationships Are Critical to Compliance, Says AdventHealth Leader

Nancy Hayt promotes a culture of compliance by prioritizing critical connections with people in the business.

“ It’s essential for our corporate responsibility officers to form relationships with senior leaders and other key people in the business to promote a compliance mindset.”

“Our program depends on relationships with our leaders, board members, stakeholders, and team members throughout the organization. These relationships are important to gaining executive support and fostering a culture that places a priority focus on compliance and corporate responsibility. It’s important for us to build a culture where compliance is a trusted partner to the business. Culture helps promote an understanding of the value of the program, including how we can support the business and how the business can empower us to be more effective in that role. In addition to staffing and forming relationships, our corporate responsibility officers must engage in continually planning, reviewing, and updating the program to sustain its value to the organization.”

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Harvey Yan


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