Jean Rogers advised companies not to rely on regulators and organization frameworks over internal expertise when it comes to determining ESG materiality as part of her keynote at CW’s “Everything ESG” virtual event.
Kyle Brasseur
Posted inRisk Management
With SEC rulemaking imminent, ESG disclosure prep takes center stage
A deluge of SEC rulemaking on ESG matters could begin as early as next month, prompting Davis Polk’s Betty Moy Huber to kick off CW’s “Everything ESG” virtual event with an overarching message on the importance of preparation.
Posted inUncategorized
McDonald’s promotes U.S. general counsel
Fast food chain McDonald’s has promoted veteran attorney Angie Steele to the role of U.S. general counsel.
Posted inRegulatory Enforcement
SEC sanctions 8 over email breaches
The Securities and Exchange Commission penalized eight firms across three separate actions for breaches of employee email accounts that exposed the personal information of thousands of customers in each case.
Posted inWhistleblowers
Compliance officials to split $1M SEC whistleblower award
Three compliance practitioners received shares of a more than $1 million whistleblower award announced by the Securities and Exchange Commission.
Posted inEurope
What went wrong at Greensill Capital? Former risk chief shares his view
Brett Downes, the chief risk officer at Greensill Capital for five years before the company filed for insolvency, explains what factors he believes led to the supply chain finance startup’s abrupt collapse.
Posted inAccounting & Auditing
SEC fines Healthcare Services Group $6M over contingency reporting lapses
Healthcare Services Group agreed to pay $6 million as part of a settlement with the Securities and Exchange Commission for contingency reporting failures that led to accounting and disclosure violations.
Posted inRegulatory Enforcement
Challenge to SEC’s Bank Secrecy Act authority backed by ex-FinCEN leadership
A brokerage firm petitioning the Supreme Court to review the power of the SEC to enforce the Bank Secrecy Act has received support from two former officials of the primary agency tasked with overseeing the AML law.
Posted inEthics & Culture
Walmart adds ex-DOJ attorney as chief ethics and compliance officer
Walmart announced the appointment of Matt Miner, the “architect” of the Justice Department’s Evaluation of Corporate Compliance Programs guidance, as executive vice president and global chief ethics and compliance officer.
Posted inData Privacy
T-Mobile the least surprising data breach of 2021
Cyber-attacks catch most companies and their customers off guard, but T-Mobile, the victim of at least five data breaches since 2018, had many red flags indicating its vulnerability ahead of its latest incident.
