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COMPLIANCE: Facebook becomes final social media giant to hire a CCO amid rising regulatory pressure at home and abroad

In 2019, the US Federal Trade Commission slammed a $5 billion fine on Facebook for privacy violations, while European regulators are pressing for adherence to its GDPR.

By Vish Gain for AMLi

On February 8th, Henry Moniz will join Facebook as its first chief compliance officer in a bid to salvage the company from a litany of anti-trust suits. Moniz, who previously held the same position at media giant ViacomCBS, is an attorney by profession who has worked with Viacom since 2004.

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