Articles | Compliance Week – Page 125
-
ArticleWhat the Wirecard story tells us about red flags, healthy skepticism
How we came to learn about the fraud allegedly perpetrated by Wirecard offers important lessons in compliance and corporate governance, writes financial crime expert Martin Woods.
-
ArticleHerbalife finalizes $123M FCPA settlement with SEC, DOJ
Herbalife will pay $123 million to settle charges of violating the books-and-records and internal accounting controls provisions of the Foreign Corrupt Practices Act in China.
-
ArticleChina proposes joint audit to end dispute with U.S. regulators
In an attempt to end the stalemate over audits of publicly traded Chinese companies listed on U.S. exchanges, China has reportedly proposed to allow U.S. regulators to conduct a trial joint inspection of a state-owned enterprise.
-
ArticleQ&A: New training takes compliance leaders on ‘non-technical’ cyber-journey
A new training offered by renown expert Paul C. Dwyer helps non-technical practitioners gain confidence in dealing with all aspects of cyber-security or cyber-risk.
-
Article
SEC loosens risk disclosure requirements for public companies
In a split decision, the Securities and Exchange Commission has loosened requirements public companies must follow when they describe risk factors and legal proceedings in their financial statements.
-
ArticleCredit to KPMG for shining a light on fraud at Wirecard
A scathing report on the extensive fraud at German payment giant Wirecard had a compliance silver lining: KPMG’s by-the-books, transparent approach to a special audit helped bring that fraud to light.
-
ArticleBorgWarner fined $950K by SEC for downplaying asbestos liabilities
Car parts manufacturer BorgWarner has agreed to pay $950,000 as part of a settlement with the SEC for allegedly failing to calculate and report $700 million in future asbestos liability claims.
-
ArticleAssessing U.K. sanctions in a post-Brexit world
Can the United Kingdom play with the big boys when it comes to issuing its own sanctions, and what do compliance professionals need to know as Brexit’s start date looms closer?
-
ArticleSEC bars CCO associated with alleged trading scheme
The Securities and Exchange Commission has permanently barred the former chief compliance officer of a once-registered brokerage firm for her role in an alleged fraudulent unauthorized trading scheme.
-
ArticleSuper Micro Computer, former CFO charged with accounting violations
A California-based server and cloud computing firm has agreed to pay $17.5 million as part of a settlement with the SEC to resolve charges of improperly booked revenue and understated expenses.
-
ArticleClash over draft Twitter GDPR decision exposes differences among EU authorities
As Ireland’s first GDPR decision against Big Tech hangs in limbo, experts are scratching their heads as to why a seemingly straightforward case is headed to the EU’s data governing body to rule on.
-
ArticleGoogle promotes veteran legal exec to general counsel
Embroiled in a federal antitrust investigation, tech giant Google announced the appointment of Halimah DeLaine Prado as its new general counsel.
-
Article
Raymond James chief accounting officer to retire
Investment banking firm Raymond James Financial disclosed in a regulatory filing that Chief Accounting Officer Jennifer Ackart has informed the company of her decision to retire, effective Sept. 30.
-
Article
Rite Aid adds general counsel
Drugstore chain Rite Aid announced the appointment of Paul Gilbert as general counsel and corporate secretary.
-
Article
Seniorlink names chief compliance, privacy officer
Tech-enabled health services firm Seniorlink announced the appointment of Amy McConnell as chief compliance and privacy officer.
-
Article
GMS appoints chief accounting officer
GMS, a specialty distributor of interior building products, announced William Forrest Bell has been appointed chief accounting officer, effective Sept. 14.
-
Article
BankUnited hires general counsel
BankUnited announced the appointment of Kevin Malcolm as senior executive vice president and general counsel, effective Sept. 14.
-
Article
Markel names chief risk officer
Insurance firm Markel Corp. announced Julia Chu has been appointed chief risk officer.
-
Article
Bioventus tabs chief compliance officer
Orthobiologic solutions provider Bioventus appointed Katrina Church as chief compliance officer.
-
Article
Plaid adds former CFPB general counsel
FinTech solutions provider Plaid has added Meredith Fuchs as general counsel. Fuchs previously served as general counsel at the Consumer Financial Protection Bureau.