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Pollution spoon feed

Why OCC ‘Fair Access’ proposed rule is a win-lose

2020-11-25T18:27:00+00:00By

How can true cooperation be achieved when the solution being proposed is essentially to pit high-risk, controversial banking customers against the banks with which they want to do business, wonders Jaclyn Jaeger.

Climate

KPMG report: World’s largest companies slow to address climate change risks

2020-11-24T17:21:00+00:00By

The world’s 250 largest companies are not doing very well in recognizing and measuring financial risks related to climate change, so we’ve got some advice to those who are behind the curve.

JPMorgan Chase

JPMorgan Chase fined $250M for ‘unsound’ internal control practices

2020-11-25T18:18:00+00:00By

The OCC fined JPMorgan Chase Bank N.A. $250 million for weaknesses in its internal controls and internal audit for its fiduciary activities.

Partner Content

Guidehouse-11-17-20

e-Book: Machine learning will (eventually) help win the war against financial crime

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This e-Book, from Compliance Week and Guidehouse Inc., explores how the adoption of machine learning in fighting financial crime will likely explode as technology solutions become more effective and efficient—driven by work-stream prioritization, product maturity, and refinement of implementation processes.

Workfusion-11-20-KYC

e-Book: Financial services roadmap: Know your customer

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Ready to present your new KYC tech to the regulators?

Data and Research

  • Inside the Mind of the CCO: 2020 a year like no other

  • Compliance Week presents: ‘A Tale of Two Storms’

  • Survey: Past crises prepared compliance for coronavirus pandemic

More from Compliance Week

United States sanctions

Biden will tread carefully on sanctions, seek international consensus, experts say

2020-11-23T16:28:00+00:00By

Experts believe President-elect Joe Biden will likely take his time before making big moves to unwind the dizzying array of sanctions levied by his predecessor, President Donald Trump.

PCAOB

​PCAOB to adopt SEC auditor independence updates

2020-11-20T22:12:00+00:00By

The Public Company Accounting Oversight Board will adopt amendments to its independence standards to align with recent updates initiated by the Securities and Exchange Commission.

Lawyer

How the pandemic and social justice matters have changed the GC role

2020-11-20T20:13:00+00:00By

General counsel have taken on significantly more responsibility since the start of the coronavirus pandemic and amid the current social climate, solidifying their role as a critical business partner, a recent study on corporate legal departments found.

WhatsApp

WhatsApp Ireland reserves $91.8M for potential GDPR fine

2020-11-20T19:17:00+00:00By

The Irish arm of WhatsApp has set aside $91.8 million for possible administrative fines arising from long-standing investigations by Ireland’s data regulator into the way the messaging platform shares data with Facebook.

LinkedIn Group

    Looking for a forum to interact with corporate compliance officers, internal auditors, risk officers, financial reporting executives, and other corporate governance enthusiasts? Join the Compliance Week LinkedIn group, where members network and discuss GRC news and issues. Open to compliance practitioners.