The United States seems poised to finally tackle issues surrounding shell companies and their often-opaque beneficial ownership structures.
Joe Mont
Posted inTechnology
Breaking up is dumb to do
Is splitting up big tech companies a cure for their outsized influence? Probably not.
Posted inTechnology
Antitrust argument the latest attempt to regulate Big Tech
Congress and presidential candidates alike are escalating their efforts to thwart the dominance of the tech giants.
Posted inData Privacy
States continue to fill federal data privacy void
While Congress largely remains mired in hearings and pre-election posturing, states are increasingly putting their own scrutiny on large tech companies and their data collection policies.
Posted inAML
Bill demands ownership reveals for shell companies
The newly proposed ILLICIT CASH Act would, for the first time, require shell companies to disclose their true owners to the U.S. Department of Treasury.
Posted inFinancial Services
Reps continue push for big bank diversity data
Members of the House Financial Services Committee have sent letters to 37 bank holding companies requesting their diversity and inclusion data.
Posted inFinancial Services
Report says more companies address climate change, struggle with disclosures
A task force on climate-related financial disclosures found “encouraging progress” in its latest report, though there’s still work to be done when considering financial risks.
Posted inInternal Controls
Data, behavioral analysis must go hand in hand
There is a growing realization that data analysis, devoid of psychological and behavioral analysis, might not be as effective as hoped or intended.
Posted inBoards & Shareholders
SEC finally prevails with investment advice ‘best interest’ rule
The Securities and Exchange Commission has adopted rulemaking intended to enhance the quality and transparency of investor relationships with investment advisers and broker-dealers.
Posted inRegulatory Enforcement
Google probe a sign U.S. getting serious about breaking up Big Tech?
The DOJ has reportedly been laying the groundwork for a Google-focused antitrust investigation in what seems to be the latest signal regulators have the tech giants in their crosshairs.