A recent report by corruption watchdog Transparency International on the corporate disclosure practices of emerging-market multinationals revealed significant deficiencies in the areas of anti-corruption practices, company structures, and country-by-country reporting. Indian companies scored highest overall, while many Chinese companies failed miserably. Jaclyn Jaeger reports.
Is the cure worse than the disease? That’s what some compliance officers are wondering as inline XBRL, a method to help facilitate the harmonization between XBRL and HTML formats for machine-readable financial data, might just be adding one more complication to an already complicated process. Tammy Whitehouse has more.
The European Parliament has greenlit an EU-wide cyber-security initiative that will impose plenty of new compliance requirements on organizations across the board. But, queries Jaclyn Jaeger, will compliance officers feel these are helping protect their organizations, or just adding another layer of regulatory liability?
Jaclyn Jaeger talks with Robert Barrington, an authority on global corruption, corporate bribery, and corruption within the United Kingdom, who heads the U.K.’s branch of Transparency International, the world’s leading anti-corruption organization.
To prevent potential employee discrimination lawsuits, companies are crafting ever-more inclusive policies regarding sexual and gender identity. But this is a sensitive topic with many unresolved details. David Bogoslaw reports.
While organizations are trying to understand their cyber-risk and how best to address it, focusing on external threats can overlook an even greater problem, say guest contributors Mark Dorosz and Jennifer Benson: security flaws from internal employees who don’t understand, or don’t care, about upholding the organization’s defenses.
A trio of recent Foreign Corrupt Practices Act enforcement actions shows just how much companies can spare themselves undue pain if they self-report violations early and without holding back. Tom Foxhas more.
As the arguing points of #BlackLivesMatter and #BlueLivesMatter square off, bodies continue to pile up across the country. But maybe—just maybe, says Editor Bill Coffin—there is a compliance angle to consider that could save lives and help defuse tensions.
As inspectors are fanning out this year to scrutinize 2015 financial statement audits, they are looking for all the usual problem areas that have plagued audit firms the past few years, but they’re also looking at economic risks and how well auditors have observed a new standard on related-party transactions. Tammy Whitehouse reports.
Following more than 300 public comments, the EEOC unveiled a revised version of its proposal to expand pay data collection from federal contractors and other employers. As CWpreviously reported, the EEOC will be paying closer attention to whether an employer has conducted a pay analysis, saysJaclyn Jaeger, meaning new compliance headaches for companies.
The SEC has approved several amendments to its rules of practice regarding administrative proceedings. Most notably, the new rules provide parties to APs—for the first time—with the opportunity to conduct a limited number of depositions. Bruce Cartonhas more.