Appointment Blogs | Compliance Week – Page 186

  • Blog

    FASB pushes change to accounting for long-duration insurance

    2016-10-07T10:30:00Z

    FASB has proposed a big change in accounting for insurance companies that deal in long-duration contracts like life insurance, annuities, disability, and long-term care. Tammy Whitehouse reports.

  • Blog

    CW to publish one day late

    2016-10-07T08:45:00Z

    Note: Compliance Week will publish one day late on Wednesday, Oct. 12, due to the Columbus Day holiday.

  • Blog

    Amid Hurricane Matthew, banks reminded of post-disaster best practices

    2016-10-06T13:15:00Z

    With Hurricane Matthew charting a destructive path aloong the U.S. coastline, the Office of the Comptroller of the Currency has some pre- and post-disaster guidance for affected banks. Joe Mont reports.

  • Blog

    OCC crafts guidance on correspondent banking risk

    2016-10-06T12:30:00Z

    The Office of the Comptroller of the Currency has issued risk management guidance that addresses periodic reevaluations of the risks associated with foreign correspondent banking accounts. More from Joe Mont.

  • Blog

    Illinois is latest state to ban business with Wells Fargo

    2016-10-06T11:45:00Z

    Illinois State Treasurer Michael Frerichs has suspended $30 billion in investment activity with Wells Fargo, joining California in taking punitive actions against the bank in response to its recent troubles.

  • Blog

    Say goodbye to 'Tandy' language in comment letters

    2016-10-06T11:15:00Z

    Tandy representations—an attestation that comment letter reviews by SEC staff cannot be used as a legal defense—are no longer needed in filings, according to new guidance from the Division of Corporation Finance.

  • Blog

    CAQ gives auditors some year-end planning tips

    2016-10-05T14:15:00Z

    Companies beginning to prepare for year-end audits can get a sense of what might be on their auditors’ minds through a new alert from the Center for Audit Quality. More from Tammy Whitehouse.

  • Blog

    CFPB extends its reach to prepaid products

    2016-10-05T13:45:00Z

    Joe Mont looks at new CFPB rules for prepaid financial products—including innovative online and mobile offerings from PayPal, Google, and Apple—that will require enhanced customer protections.

  • Blog

    IoD rates FTSE 100’s corporate governance

    2016-10-04T17:00:00Z

    Paul Hodgson looks at results from the Institute of Directors’ recent survey that ranks the FTSE 100’s corporate governance methodologies. See who scored highest and who has more room for improvement.

  • Blog

    AICPA issues 7 new drafts on revenue recognition questions

    2016-10-04T16:30:00Z

    Tammy Whitehouse looks at the AICPA’s seven new working drafts to address some of the hardest revenue recognition questions in software, telecommunications, and other sectors.

  • Blog

    CFPB updates exam procedures for Military Lending Act

    2016-10-04T14:45:00Z

    The Consumer Financial Protection Bureau has announced the procedures its examiners will use when identifying consumer harm and risks related to the Military Lending Act. Joe Mont has more.

  • Blog

    Peapack-Gladstone Financial appoints chief accounting officer

    2016-10-04T14:30:00Z

    Peapack-Gladstone Financial, a bank holding company with total assets of $3.6 billion as of June 30, and Peapack-Gladstone Bank has appointed Francesco Rossi as senior vice president and chief accounting officer of the company and the bank.

  • Blog

    Cognizant self-discloses FCPA investigation

    2016-10-04T14:00:00Z

    Cognizant Technology Solutions said in a recent regulatory filing that it is conducting an internal investigation to determine whether certain payments relating to facilities in India were made improperly and in possible violation of the U.S. Foreign Corrupt Practices Act.

  • Blog

    Western World Insurance Group appoints director of risk management

    2016-10-04T13:45:00Z

    Western World Insurance Group, a wholly-owned subsidiary of Validus Holdings, announced the appointment of Arya Yarpezeshkan as senior vice president, director of risk management, effective as of Oct. 3.

  • Blog

    Marvell Technology appoints chief accounting officer

    2016-10-04T13:30:00Z

    Marvell has appointed Dave Caron as corporate controller and chief accounting officer.

  • Blog

    New rule requires sick pay for government contractors

    2016-10-04T12:15:00Z

    A new rule issued by the Department of Labor will require federal contractors to provide paid sick leave to employees who work on, or in connection, with government contracts. Joe Mont reports.

  • Blog

    The FCPA and the fight against terrorism

    2016-10-04T10:15:00Z

    Tom Fox looks at the U.S. government’s linking of corruption and terrorism and its intention to use the FCPA as incentive to enact and enforce strong international and domestic anti-corruption and anti-bribery laws.

  • Blog

    A simple, brutal solution to dishonesty

    2016-10-03T14:45:00Z

    To contain bad behavior, we need first to understand why we behave badly. Or do we? Perhaps sometimes the harshest compliance solutions are the least empathic … and the most effective. Bill Coffin has more.

  • Blog

    Tenet Healthcare to pay $513M in kickback settlement

    2016-10-03T13:45:00Z

    Tenet Healthcare and several of its subsidiaries today agreed to pay more than a combined $513 million to resolve criminal charges and civil claims relating to a scheme to pay kickbacks in return for patient referrals. Jaclyn Jaeger has more.

  • Blog

    Will Wells Fargo lead to more whistleblowing?

    2016-10-03T12:00:00Z

    Tom Fox looks at expert opinion on whether the recent accounting scandal at Wells Fargo will be used to enhance whistleblower laws and regulations.