Appointment Blogs | Compliance Week – Page 297
-
Blog
SEC Approves XBRL Updates for 2015 GAAP
The SEC has approved FASB’s XBRL taxonomy for 2015 U.S. Generally Accepted Accounting Principles, clearing the way for companies to rely on it as early 2015 filers approach their financial statement filing dates and XBRL submissions. According to FASB, the 2015 Taxonomy contains far fewer changes than prior years. More ...
-
Blog
The Ups and Downs of FCPA Politics in Washington
Several events in Washington lately show just how well FCPA enforcement is—or more precisely, is not—understood there. This week, columnist Tom Fox turns his eye first to critics of the Justice Department’s new top FCPA prosecutor, and then to Texas Sen. Ted Cruz and his ham-handed efforts to politicize the ...
-
Blog
Fannie Mae Chief Risk Officer on Leave of Absence
Fannie Mae announced in a Form 8-K filing yesterday that John Nichols, chief risk officer, is taking a leave of absence for health reasons. Details inside.
-
Blog
Supreme Court Empowers Use of Interpretive Rules
Regulators now have greater freedom to interpret established rules without undergoing a public comment process thanks to a decision handed down by the Supreme Court on Monday. With a 9-0 vote, justices agreed that regulatory clarifications and alterations, made through the use of interpretive rules, are not subject to the ...
-
Blog
Sanctions Imposed on Venezuelan Officials
President Barack Obama signed an executive order today imposing sanctions on seven Venezuelan government officials for committing human rights violations, and declared a national emergency with respect to Venezuela. The executive order implements and expands on the Venezuela Defense of Human Rights and Civil Society Act, signed by the president ...
-
Blog
Second District Court Upholds SEC Use of Administrative Hearings
A hot topic on this blog of late has been the SEC's recent focus on bringing cases as administrative proceedings, an in-house type of action in which the agency has enjoyed extraordinary success. A related, and just as hot, topic has been the efforts of numerous respondents in these APs ...
-
Blog
How Policy and Corporate Culture Can Collide
Image: Good policies are crucial to effective compliance programs—“good,” however, being the part many companies fail to hit. Inside, Compliance Week editor Matt Kelly picks apart the corrosive effect that poor policies can have on corporate culture, starting with the one policy everyone loves to complain about: business travel. Sit ...
-
Blog
OSHA Gives Whistleblowers More Time to Report Retaliation
The Occupational Safety and Health Administration has issued a final rule that clarifies its procedures for handling whistleblower retaliation complaints. It gives aggrieved employees an extra 90 days to file allegations and allows those complaints to be made orally, not just in writing.
-
Blog
Tullett Prebon Names Chief Risk Officer
Tullett Prebon, an interdealer broker, has appointed Giles Triffitt as chief risk officer. Triffitt also joins the firm’s global executive committee. Details inside.
-
Blog
IFRS Foundation Appoints New Vice-Chairs to Advisory Council
The Trustees of the IFRS Foundation, responsible for the governance and oversight of the International Accounting Standards Board (IASB), recently announced the appointment of Gavin Francis and Goro Kumagai as Vice-Chairs to the IFRS Advisory Council. The IFRS Advisory Council is a formal advisory body to the IASB and the ...
-
Blog
AvePoint Unveils Risk Intelligence System
AvePoint, a software solutions provider, this week introduced the AvePoint Risk Intelligence System, enabling organizations to address the complete lifecycle of risk across the enterprise. ARIS extends risk identification to provide meaningful action to assessments, including quantifying, lowering, and monitoring instances. Details inside.
-
Blog
SWIFT Enhances Sanctions Testing Service
SWIFT has announced the addition of Peer Assessment to its Sanctions Testing service. SWIFT’s Sanctions Testing helps financial institutions optimize the performance of their transaction and customer screening systems by analyzing whether their systems are operating correctly and are able to detect illicit transactions or sanctioned customers. Details inside.
-
Blog
Accellion Partners With Kandy to Enhance Secure Collaboration
Accellion, a provider of enterprise mobile solutions, this week announced a partnership with GENBAND to use Kandy, a communications Platform-as-a-Service, within kiteworks, to enhance secure collaboration capabilities for a mobile workforce via real-time communications. Details inside.
-
Blog
Netwrix Freeware Helps to Prevent Inside Jobs
Netwrix, a provider of change and configuration auditing software, recently announced the release of Netwrix Effective Permissions Reporting Tool, a freeware solution designed to monitor privileged accounts by reporting on effective permissions in Active Directory and file shares. Details inside.
-
Blog
Intronis Winter Release ‘15 Simplifies Hybrid Cloud Backup and Recovery
Intronis, a provider of backup and data protection solutions for the IT channel, this week announced the Winter Release ‘15 of its Intronis ECHOplatform. The Intronis Winter Release ’15 introduces several new business-building features and core functionalities designed to help channel partners better support more complex cloud, virtualized and physical ...
-
Blog
ComplianceBridge Releases New Risk Assessment Automation Tool
ComplianceBridge announced the release of its new TotalCompliance Compliance Risk, Audits, and Assessments Management solution. Designed by compliance officers, TotalCompliance automates the compliance risk assessment and management process, allowing you to create and manage a broad range of question sets; distribute them to organizations or appropriate individuals; and collect and ...
-
Blog
Delhaize Group Appoints General Counsel; Corporate Secretary
Belgium-based food retailer Delhaize Group has appointed Philippe Dechamps as general counsel and corporate secretary. Details inside.
-
Blog
Big Banks All Pass First Round of Stress Tests
It was report card day at the Federal Reserve. On Wednesday, it released the first round of this year’s stress test results for the nation’s 31 largest banks. For the first time since it began mandatory stress tests in 2009, all banks with $50 billion or more in total consolidated ...
-
Blog
Trade Groups Tell SEC: Reverse Course on No-Action Policy
A coalition of 17 business groups is asking the SEC to reinstate its practice of giving guidance about shareholder proposals that conflict with other proposals sponsored by management—and hinted that the agency’s new policy of silence on the subject may violate the law. The complaint is the latest salvo in ...
-
Blog
Survey: Internal Audit Gaining Ground on Cyber-Risks
Image: Protiviti’s recent survey of more than 800 internal audit professionals reports that half of respondents said a cyber-security evaluation is included in their current audit plan, and 60 percent of those organizations use the National Institute of Standards and Technology cyber-security framework to evaluate risks. Protiviti EVP Brian Christensen ...