Articles | Compliance Week – Page 270

Article

Compliance clauses can keep third parties in line, regulators at bay

2016-09-13T13:15:00Z

Even small companies have gone global and rely on a broad network of business partners. Those relationships, however, bring with them risks and potential regulatory hazards. Joe Mont discusses adding compliance and ethics clauses to contracts as a baseline for any third-party relationship.

Article

Debate over CFPB’s arbitration rule intensifies in comment letters

2016-09-13T12:30:00Z

The CFPB has received some 13,000 comments in a fierce debate over its proposed rule to limit the use of binding arbitration for resolving disputes associated with financial products. Joe Mont explores.

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U.K. FCA issues strong new financial crime reporting rules

2016-09-13T11:30:00Z

Taking issue with numerous reports that London is an ideal environment for money laundering and other financial crimes, the city is fighting back, writes Neil Hodge.

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Audit committees: Here’s your wake-up call on auditor independence

2016-09-13T11:15:00Z

Recent legal spats should alert public companies that they need to decide for themselves whether their audit is being delivered by a truly independent auditor. Tammy Whitehouse has more.

Article

I’m alright, Jack: worker representation on boards

2016-09-13T11:00:00Z

As new U.K. Prime Minister Theresa May has recommended worker representation on company boards, the question arises: Would this be better handled by promoting voluntary adoption, or by setting legal requirements? Paul Hodgson reports.

Article

Federal contractors brace for insider threat rule

2016-09-13T09:00:00Z

A new Department of Defense rule requires contractors to detect, deter, and mitigate insider threats. But how they should achieve that leaves plenty of gray areas, which does not sit well with contractors. Jaclyn Jaeger reports.

Article

Companies make early progress in adopting revenue recognition

2016-09-07T13:15:00Z

As summer slips away, it appears many companies used the time wisely to make some progress in adopting the new revenue recognition accounting standard. Tammy Whitehouse has more.

Article

How data analytics is changing the face of compliance

2016-09-07T12:30:00Z

Compliance and risk officers are increasingly using data analytics to prevent and detect bribery and corruption risk, as well as enjoy cost and operational efficiencies. Jaclyn Jaeger explores.

Article

European Medicines Agency issues data integrity guidance

2016-09-07T12:15:00Z

The pharmaceutical industry faces fresh regulatory pressure around the world over data integrity issues, reports Jaclyn Jaeger, particularly involving clinical trials.

Article

Post-Brexit, is the sky falling in the U.K., or is it business as usual?

2016-09-07T11:00:00Z

A mix of positive and negative indicators signal an uncertain economic impact for the U.K. from its June 23 Brexit vote, but the longer-term view still trends negative. Paul Hodgson reports.

Article

U.K. boardrooms still ‘pale, male, and stale’

2016-09-07T11:00:00Z

Across the United Kingdom and Europe, gender diversity requirements often go unmet, keeping boardrooms across the continent the same old boys’ club. Neil Hodge has more.

Article

CCOs struggle to keep up with evolving insider-trading legal standards

2016-09-07T10:30:00Z

A year after the landmark U.S. v. Newman insider-trading case, federal prosecutors are getting more creative in an evolving legal landscape that creates fresh pitfalls for CCOs and legal counsel. Jaclyn Jaeger has more.

Article

K.C. Turan: Compliance and caduceus

2016-09-07T10:00:00Z

K.C. Turan has a holistic perspective through which he views compliance. And given his position in the challenging field of healthcare compliance, perspective is the coin of the realm.

Article

U.S. government contractors face sweeping new ‘blacklisting’ rules

2016-09-07T09:45:00Z

Prospective federal contractors will soon have to disclose any labor law, civil rights, or wage violations, making the Labor Dept. a de facto gatekeeper for all contracts, reports Joe Mont.

Article

Survey: Anti-bribery compliance with ISO 37001 lagging

2016-08-30T16:15:00Z

A joint survey conducted by Compliance Week and STEELE Compliance Solutions reveals that most compliance officers still have a lot of work to do if their anti-bribery compliance programs are to satisfy ISO 37001 certification. Jaclyn Jaeger reports.

Article

Global regulatory onslaught zeroes in on intercompany accounting

2016-08-30T12:15:00Z

New risks are emerging in intercompany accounting as regulators worldwide sharpen their focus on cross-border transactions among related entities. Read more from Tammy Whitehouse.

Article

Richard Wallace: Failure is not an option

2016-08-30T10:15:00Z

Thanks to the work of CFO Richard Wallace and an enterprise-wide effort to build a world-league compliance program, the Options Clearing Corp. doesn’t strive to just meet current regulatory requirements, it lives by a set of internal expectations that exceeds the mandatory.

Article

Barclays bank reaches $100m U.S. settlement over LIBOR rigging scandal

2016-08-24T09:45:00Z

A long-running investigation by the State of New York into Barclays’ manipulation of LIBOR rates before the 2008 financial crisis finally draws to a close. Neil Hodge reports.

Article

As SOX costs persist, companies automate more controls

2016-08-23T12:00:00Z

To cope with cost increases and ongoing audit demands, companies are turning to technology to automate more of their SOX internal control. Tammy Whitehouse explores further.

Article

SOX redux—an opportunity for a fresh look

2016-08-23T11:30:00Z

In this edition of the Compliance Week/OCEG GRC Illustrated Series, we take a look at new technology that can streamline SOX processes and give insight into risk to drive better business outcomes.