Articles | Compliance Week – Page 250
-
Article
Broadcom’s takeover of Qualcomm gets complicated
A government agency has forced a delay to a shareholder meeting that would have set the stage for a hostile takeover of the company at the heart of smartphone technology.
-
Article
Distilling compliance lessons from Novartis
Ethics and compliance officers in the pharmaceutical industry can learn a lot from the troubles of Novartis, which faced a firestorm of criticism from shareholders at its last annual meeting.
-
Article
Companies scramble to wrap up new revenue recognition
In the transition to new accounting rules on revenue recognition, it appears many companies are still trying to wrap up their implementation work.
-
Article
A sting, a Picasso and, guess what, offshore tax havens
A look at the scandal at Beaufort Securities, which switched from real estate investments to Picassos to launder money, because of the limited risk in the unregulated art market.
-
Article
FCA calls for technology for ‘smarter’ regulatory reporting
In a bid to cut down on firms’ “burdensome” reporting woes while easing its own workload to review such reporting, the Financial Conduct Authority is seeking input on how technology could make regulatory reporting simpler and more consistent.
-
Article
Canada to introduce deferred prosecution agreements
Canada plans to introduce legislation that would pave the way for DPA provisions like those already present in the U.S., the U.K., France, and Australia.
-
Article
More companies adopting forensic data analytics
According to a new report, forensic data analysis yields better compliance and risk management, but few are actively collaborating on making it a reality.
-
Article
SEC keeps options open for mandatory shareholder arbitration
SEC Chairman Jay Clayton has floated the idea of mandatory shareholder arbitration, raising issues about agency enforcement and investor protection.
-
ArticleCryptocurrencies give rise to a new kind of hacking threat
Recent price spikes of virtual currencies have inspired a new breed of hackers who don’t want your data—just your processing power.
-
Article
Creating a culture open to change
In this latest installment of the GRC Illustrated Series, OCEG and Compliance Week explore ways to help companies combat resistance to a change in corporate culture.
-
Article
Early adopters of simpler hedge rules pause in uncertainty
Simpler hedge accounting regulations have accountants and FASB alike wondering if they need even further clarification.
-
Article
In M&A, SEC hints at relief over accounting rule differences
M&A deals could become a little more complicated this year as a result of changes in accounting standards and complexity around what needs to be reported.
-
Article
Court ruling limits scope of SEC whistleblower reporting
The U.S. Supreme Court has unanimously required whistleblowers to report complaints directly to the SEC to receive its anti-retaliation protections.
-
Article
Slowly but surely, Luxembourg is complying with AMLD 4
Although it is uncharacteristically behind schedule, Luxembourg’s legislature is working on implementing transparency measures in line with AMLD 4. But will it be fast enough to avoid penalties from the European Commission?
-
Article
New DoJ policies favor corporate defendants
The Justice Department has issued a trio of memoranda that provides a wealth of legal, compliance, and internal audit insight on whistleblower complaints or false claims cases.
-
Article
Russia’s largest companies lag in transparency efforts
Turns out, the financial disclosure practices of Russia’s largest companies by revenue are pretty dismal. But what best practices can we learn from that? You might be surprised.
-
Article
Are U.K. businesses ready for PEPPOL?
A new pan-European standard for public procurement should alleviate a lot of financial administration, but only for those ready to comply with the standard’s new rules.
-
Article
Q&A: Honor, culture, and compliance
The dean of Washington & Lee’s school of commerce, economics, and politics weighs in on what role personal honor and integrity can play in the world of today’s chief compliance officers.
-
Article
Report: Royal Bank of Scotland abused small businesses during financial crisis
The U.K. Financial Conduct Authority has released a report detailing how RBS mistreated distressed small businesses over a six-year period starting in 2009.
-
Article
Complying with transparency: the Oxfam lesson
As U.K. charity organization Oxfam deals with its own sexual misconduct scandal, it illustrates the need for organizational transparency.