Compliance Week Podcasts …

 This week’s podcast features Russ Berland of the law firm Stinson Morrison & Hecker talking about how to use new guidance from the Organization of Economic Cooperation and Development as a blueprint for better FCPA compliance programs. Hear the podcast now.

… and Compliance Week on Twitter!

 You can also follow Compliance Week Editor Matt Kelly on Twitter, for the latest regulatory observations and updates. More than 2,100 followers and ranked the most influential Twitter feed on compliance!

Compliance Week LinkedIn Group

 Visit the Compliance Week has a companion group on LinkedIn, where members can network and discuss the compliance and governance news of the day among themselves. Open to all, free to join.

Webcast of the Week

 Risk Oversight and the New SEC Rule
Sponsored by OpenPages

Help Wanted: Ad of the Week

 Chief Ethics & Compliance Officer
Submitted by Morgan Samuels

Event of the Week

 Is Employee Ethics Training Mandatory?
Sponsored by ELT

Thought Leadership of the Week

Global survey into the integration of GRC
Courtesy of KPMG

The Resource Exchange

Sample Risk Acceptance Request
Submitted by Circuit City

Risk Inventory
Submitted by Cognizant Technology

Featured Databases

CEO, CFO Disclosure Certifications
CEO, CFO Certifications From 3,000 Cos.

Management Discussion & Analysis
Compare How Peers Disclose Risk

GRC Illustrated Series

 The IFRS Ripple Effect
The 23rd Installment in This Exclusive Series

Compensation Survey

 Compliance, Audit & Risk Compensation Survey
Empsight’s 2010 Compensation Survey is now open for participation. It is the leading source of its kind and reports on Fortune 500 and other large multinationals.

Global Integrity Survey

2009 Global Integrity Survey
Download the findings of the 2009 Global Integrity Survey, compiled by Compliance Week and sponsored by Integrity Interactive.

International, Global Issues

Below is some of the most recent Compliance Week coverage of various global regulatory developments. Coverage includes analysis of EU directives, GAAP-IFRS accounting convergence, IASB pronouncements, exchange convergence, and more. Also see our searchable database of global rules, standards and guidance, which includes not only U.S. regulatory bodies like the SEC and FASB, but documents from the International Accounting Standards Board and European Union: Internal Market, as well.

  Title & Description Date Type of Article
1. U.K. Bribery Bill Poses Daunting Compliance Challenges
British lawmakers are poised to approve the most sweeping reforms of anti-bribery law in the United Kingdom in more than a century, creating a new anti-corruption regime that many believe will be sterner than even the United States’ dreaded Foreign Corrupt Practices Act.
 By Neil Baker
03/16/10 Compliance Week Coverage
2. Overseas Jurisdictions Step Up Anti-Trust Reviews
Warning to anyone planning a big merger or acquisition this year: You may need to alert regulators in Zambia.
 By Richard Meyer
02/17/10 Compliance Week Coverage
3. EU Plans Governance Advances for 2010
2010 is shaping up to be a year where the European Union will implement previously planned measures to tighten the screws of financial regulation. The question is whether those efforts will line up with reform plans hatched by the G-20 or be diluted under pressure from lobbyists—and so far, the answer is “who knows?”
 By Jeremy Woolfe
01/05/10 Compliance Week Coverage
4. U.K. Struggles to Improve Narrative Reporting
A war of words is brewing in the United Kingdom—about how many words should go into corporate reports.
 By Neil Baker
12/22/09 Compliance Week Coverage
5. Slowly but Substantively, Japan Moves on Governance
The people of Japan placed themselves under new national governance in August with the historic election of the Democratic Party of Japan. Now the DPJ and Japanese regulators seem likely to move forward with changes to corporate governance as well.
 By Yuriko Nagano
11/03/09 Compliance Week Coverage
6. Britain Gets Serious on Corruption Enforcement
Earlier this fall, the United Kingdom scored its first-ever conviction against a company for overseas bribery, 10 years after the country first pledged to crack down on such abuse. Now more cases—and legislation—are on the way, and Britain may finally be delivering on its promise to get tough on corruption.
 By Neil Baker
10/27/09 Compliance Week Coverage
7. Corporate India Strives to Hit 2011 IFRS Goal
When India announced in 2007 that it would fully adopt International Financial Reporting Standards by 2011, nobody doubted it would. Two years later … nobody is quite so sure.
 By Richard Meyer
09/29/09 Compliance Week Coverage
8. Positive Signs From China on Regulation
Compliance executives should take note of a spate of new tax rules from the Chinese government for two reasons: first, the nuts-and-bolts headache of obeying the laws; and second, for the deeper message Chinese regulators are telegraphing about how they will handle U.S. companies doing business there.
 By Richard Meyer
08/04/09 Compliance Week Coverage
9. State Secrets, Business Information in China
The broad contours of the dispute between mining conglomerate Rio Tinto and the Chinese government—hardball business tactics, espionage charges, four Rio employees under arrest—are enough to leave any compliance officer unsettled. The spat itself is likely to be settled via quiet diplomacy between China, Australia (Rio Tinto’s home country), and Rio’s boardroom.
 By Richard Meyer
07/28/09 Compliance Week Coverage
10. Plea Bargain Sets New Enforcement Era in U.K.
Prosecution of corporate fraud has just taken a giant step forward in the United Kingdom—thanks to a prosecution that didn’t actually happen.
 By Neil Baker
07/28/09 Compliance Week Coverage
11. Japan Renews Governance Reform Conversation
Japanese officials, business leaders, and scholars have begun a wide-ranging review of corporate governance there, which could lead to significant changes in corporate law and governance requirements for public companies.
 By Yuriko Nagano
05/19/09 Compliance Week Coverage
12. Britain Proposes SOX-Like Change to Tax Reporting
Large British companies and foreign businesses that pay U.K. taxes are suddenly facing a big increase in their tax compliance costs, thanks to a surprise proposal announced in the government’s recent budget.
 By Neil Baker
05/12/09 Compliance Week Coverage
13. EU Regulators Striking a Stronger Tone
When U.S. government officials met their European counterparts in London last week for the G-20 summit meeting, they were no doubt shaken by some of the more radical sentiments expressed by protesters in the streets outside.
 By Jeremy Woolfe
04/07/09 Compliance Week Coverage
14. Financial Reporting Summit Outlines Problems
World leaders at the G-20 summit in London last week pledged to make accounting reform a pillar of their efforts to restore stability to the global financial system. Accounting rulemakers meeting in the city at the same time, however, voiced concerns that politicians were pushing reform too fast and in the wrong direction.
 By Neil Baker
04/07/09 Compliance Week Coverage
15. Once Feared, China Labor Law Eases Its Bite
The Chinese Labor Contract Law went into effect on Jan. 1, 2008, amid suspicions that it might be used to force Western companies into compliance with the whim of whatever Chinese regulator happened to use it.
 By Richard Meyer
03/10/09 Compliance Week Coverage
16. U.S. Regulatory Arm Stretches to U.K.
The long arm of U.S. regulatory compliance is now reaching ever more deeply into overseas corporations—even, when necessary, reaching over the shoulder of local regulators not enforcing their own standards to U.S. liking.
 By Neil Baker
03/03/09 Compliance Week Coverage
17. Satyam: Is Indian Governance to Blame?
In most developing nations, the collapse of Satyam Computer Services would follow a well-worn arc: poor corporate governance in a poorly regulated land leads to criticism from the West and promises of swift action from the government.
 By Richard Meyer
02/03/09 Compliance Week Coverage
18. China Whets Its Enforcement Appetite
For most of the last decade, China seemed to take a light approach on regulatory enforcement; it worried that strict application of its many laws, rules, and regulations would scare off investors when the economy could not afford to lose foreign money and manufacturing.
 By Richard Meyer
01/12/09 Compliance Week Coverage
19. Struggling for Coherent Reforms Globally
Expect 2009 to be hectic year for international corporate governance and compliance.
 By Neil Baker
01/06/09 Compliance Week Coverage
20. Shop Talk: Best Practices on Fraud Risks
When it comes to managing fraud risk, compliance and internal audit executives say the toughest challenge isn’t winning support from the board or top management; it’s winning over everyone else in the company.
 By Melissa Klein Aguilar
12/16/08 Compliance Week Coverage
21. Global Turmoil Triggers EU Regulatory Reform
In the shadow of the global financial crisis, the European Parliament has plunged into a wholesale overhaul of Europe’s legislation to supervise its financial markets. From banks to insurance companies to credit-rating agencies, all are in the crosshairs of a nearly unanimous call for reform.
 By Jeremy Woolfe
11/18/08 Compliance Week Coverage
22. EC on Fair Value; Sustainability Reporting Rises; More
The European Commission has decided not to make unilateral changes to the way that the fair-value rules in International Financial Reporting Standards are applied in Europe—an idea that would have undermined the authority of the International Accounting Standards Board.
 By Neil Baker
11/11/08 Compliance Week Coverage
23. Japan Moves Closer to International Accounting Standards
The United States is not the only nation moving in fits and starts down the long—long—road to International Financial Reporting Standards. On the other side of the world, Japan is making the same trek, and finding the same experience: A consensus on global accounting standards isn’t easy.
 By Yuriko Nagano
11/11/08 Compliance Week Coverage
24. Cross-Border Securities Regs; FSA on CEO Pay; More
European Commission President José Manuel Barroso has asked a panel of experts to suggest “far-reaching proposals” to improve cross-border securities regulation within the European Union. The aim is to fix failings exposed by the credit crunch.
 By Neil Baker
10/21/08 Compliance Week Coverage
25. FSA Short-Sale Ban; CSA Revamps Exec Pay; ERM; More
British financial firms face a tougher regulatory environment after Prime Minister Gordon Brown pledged to “clean up” business practices in the City of London.
 By Neil Baker
10/07/08 Compliance Week Coverage
26. Increased Enforcement of FCPA Violations
Note to compliance officers: If you aren’t already seriously worried about being ensnared by the Foreign Corrupt Practices Act, you should be.
 By Melissa Klein Aguilar
10/07/08 Compliance Week Coverage
27. China’s SOX: A Pipe Dream at Best
If Chinese authorities could have their way, all public companies in that country would begin complying with “CSOX”—China’s version of governance and financial reporting akin to the Sarbanes-Oxley Act in the United States—by the middle of next summer, as planned.
 By Richard Meyer
09/30/08 Compliance Week Coverage
28. EU Auditors: EuroSox Misses the Mark
Public companies in the European Union’s 27 member states should be complying with “EuroSox” by the end of the summer to establish a pan-European framework for governance and financial reporting akin to the Sarbanes-Oxley Act in the United States.
 By Neil Baker
09/16/08 Compliance Week Coverage
29. PwC on Pay; EU Shirks Audit Reform; More
Non-executive directors at British companies are still enjoying tidy pay rises, but the rate of increase has leveled off and directors are expected to work harder for their money, according to a study by PricewaterhouseCoopers.
 By Neil Baker
09/03/08 Compliance Week Coverage
30. IFRS Adoption: The China Experience
The United States isn’t the only economic superpower finally lurching into the global accounting age. On the other side of the world, China is doing much the same.
 By Richard Meyer
09/03/08 Compliance Week Coverage
31. When Investigations Hit the BRIC Wall
Massive in land size, population, and economic power, the BRIC countries—Brazil, Russia, India, and China—are global giants in every sense of the phrase. That includes the potential to give compliance executives giant headaches.
 By Jaclyn Jaeger
08/26/08 Compliance Week Coverage
32. Brits on Pensions, Complexity; Islamic CSR
The British Accounting Standards Board’s controversial proposals to change the way companies treat pension liabilities have come in for further criticism, this time from the Association of Corporate Treasurers, which says the Board has overstepped its bounds.
 By Neil Baker
08/12/08 Compliance Week Coverage
33. Getting the Inside Scoop on Chinese Cos.
Westerners have always found China to be an exotic, mysterious place. When it comes to investigating shady business proposals, elusive employees or outright con-artist schemes, however, those words take on a whole new meaning.
 By Richard Meyer
08/12/08 Compliance Week Coverage
34. U.K. Audit Liability; German Governance Fixes; More
Britain’s Financial Reporting Council has published guidance for company directors on when and how to agree on liability limits with their auditors.
 By Neil Baker
07/22/08 Compliance Week Coverage
35. Data Disasters; Mandatory Carbon Reporting; More
Information security and mishandling of personal information are increasingly important risk areas for organizations, and two reports on a massive data disaster at a U.K. government department show how badly things can go wrong.
 By Neil Baker
07/08/08 Compliance Week Coverage
36. Europe Firms Its Hand Against Insider Trading
When it comes to cracking down on insider trading and similar forms of market abuse, the European Union certainly talks tough. It has introduced high-level directives in recent years to create a pan-European approach to the law in this area.
 By Neil Baker
07/01/08 Compliance Week Coverage
37. FSA Sticks to Its Principles; Board Rules; More
Sir Callum McCarthy, chairman of Britain’s Financial Services Authority, is firing back at critics who say the regulator’s famed principles-based, “soft-touch” approach to supervision may actually be a bit too soft.
 By Neil Baker
06/24/08 Compliance Week Coverage
38. In Europe Too, Cries for Help on Fair Value
American bankers are not the only ones crying for help under controversial new fair-value accounting requirements; European financial institutions, fearful of downward valuations of securities, have some grievances of their own.
 By Jeremy Woolfe
06/24/08 Compliance Week Coverage
39. Brits Rap Insurers’ Controls; Japan Woes; More
The Financial Services Authority has fined a British subsidiary of New York-based American International Group $1 million for failing to operate effective controls in its call centers. The regulator accompanied the fine with a warning to all insurance companies, telling them to make sure they keep on top of call center risks.
 By Neil Baker
06/03/08 Compliance Week Coverage
40. Worker’s Paradise, Compliance Nightmare?
When China enacted its Labor Contract Law last year, reactions ranged from “no big deal” to “the end is near.”
 By Richard Meyer
06/03/08 Compliance Week Coverage
41. FSA Begins Insider Trading Siege; More
The Financial Services Authority has stepped up its efforts to crack down on insider dealing and other kinds of market abuse in London trading.
 By Neil Baker
05/20/08 Compliance Week Coverage
42. Added Compliance for Foreign Investment
The Treasury Department has proposed new rules to bring more order and oversight to foreign investment in U.S. companies. They’re also likely to bring more demands and paperwork to corporate compliance and legal departments.
 By Melissa Klein Aguilar
05/13/08 Compliance Week Coverage
43. Brits on IT Security; Liability Caps in Oz; More
British regulators are warning companies to do more to protect the security of customer data. The Financial Services Authority says financial firms must change their attitude toward data security, as too many customers are falling victim to identity fraud and other types of financial crime. And Information Commissioner Richard Thomas, who polices data protection laws, has said companies need to take the issue more seriously.
 By Neil Baker
05/06/08 Compliance Week Coverage
44. FPIs Generally in Favor of Rule 12(g) Fixes
A Securities and Exchange Commission proposal to give foreign private issuers an easier path to avoiding registration of securities under Section 12(g) of the Securities Exchange Act has drawn mixed reviews from the financial reporting community.
 By Melissa Klein Aguilar
04/29/08 Compliance Week Coverage
45. EU Class Actions; IASB on Pensions; More
The European Union is contemplating more forceful action against companies that violate its antitrust laws, including collective legal actions—although officials there want to avoid what they call the “excesses” of U.S. class-action litigation.
 By Neil Baker
04/22/08 Compliance Week Coverage
46. China Steers Investment Laws to Greener Pastures
The Chinese government is working to combat an environmental crisis largely caused by its own policies. The answers so far: dramatic speeches, jargon-laden white papers, and of course, more policy.
 By Richard Meyer
04/22/08 Compliance Week Coverage
47. Japan to Revise Merger Accounting Rules
Japan is planning a major overhaul of its accounting rules, starting with how to account for mergers and acquisitions. The move is part of a broader effort to stay in step with the United States and Europe as they converge accounting rules worldwide.
 By Yuriko Nagano
04/15/08 Compliance Week Coverage
48. Credit Suisse Control Failings; Corp. Reporting; More
Credit Suisse has revealed that its investigation into the options mispricing that it disclosed last month has uncovered serious internal control failings.
 By Neil Baker
04/08/08 Compliance Week Coverage
49. EU Slaps Microsoft Again; British Audits; SWFs
European Union regulators have shown how tough they can be on companies that fail to comply with its decisions by hitting software giant Microsoft with a record $1.4 billion fine.
 By Neil Baker
03/25/08 Compliance Week Coverage
50. Where Export Controls and Chinese Military Meet
In China, it’s not always easy to tell where private enterprise ends and the public sector begins. That can create problems for Western businesses operating under U.S. law.
 By Richard Meyer
03/18/08 Compliance Week Coverage

Records per page: Page: 1 | 2 | 3 | 4