Appointment Blogs | Compliance Week – Page 61

  • Blog

    ACL acquires Rsam

    2019-02-04T14:00:00Z

    Software company ACL announced the acquisition of Rsam, a provider of IT, vendor, and security risk management solutions.

  • Blog

    NYDFS fines Standard Chartered $40M for attempts to rig FX transactions

    2019-02-04T09:45:00Z

    The New York Department of Financial Services has fined Standard Chartered Bank $40 million for attempting to rig transactions in foreign exchange markets between 2007 and 2013.

  • Blog

    FASB tees up CECL issues, but not deferral

    2019-02-01T16:55:00Z

    The FASB will meet to discern implementation issues associated with CECL, but the possibility of a deferral in the effective date is not on the agenda.

  • Blog

    FASB considers how to answer CECL proposal

    2019-02-01T16:53:00Z

    The FASB is reviewing a request from a group of mid-sized financial institutions to revise CECL in a way the board has apparently already considered and dismissed.

  • Blog

    Little external audit improvement post-Carillion collapse

    2019-02-01T11:15:00Z

    Only half of U.K. company secretaries feel that the level of service their organisations get from their external auditor has improved in the wake of the Carillion crisis and other corporate governance scandals.

  • Blog

    U.K.’s top ethical lapses in 2018

    2019-02-01T11:00:00Z

    The Institute of Business Ethics has recorded which industries had the most negative news coverage in the past year.

  • Blog

    IOSCO report gives marching orders to audit committees

    2019-02-01T10:00:00Z

    Securities regulators globally have banded together to call on audit committees to take a fresh look at their role in promoting and supporting quality audits.

  • Blog

    Grant Thornton forms audit quality advisory panel

    2019-02-01T09:30:00Z

    Grant Thornton is joining the Big 4 in appointing more leadership to its firm governance to drive more focus on audit quality.

  • Blog

    Rubio introduces new, FTC-focused data privacy legislation

    2019-01-31T14:45:00Z

    Sen. Marco Rubio (R-Fla.) is the latest legislator to move forward with a bill to establish a national consumer data privacy law. His proposed American Data Dissemination (ADD) Act, uses the Privacy Act of 1974 as its framework.

  • Blog

    Warren wants worker protections amid Sears bankruptcy

    2019-01-31T14:15:00Z

    Sen. Elizabeth Warren (D-Mass.) has sent a letter to Eddie Lampert, chairman of Sears Holdings, asking him for “a long-term plan to protect workers” as the legendary retailer faces bankruptcy proceedings.

  • Blog

    General Electric reaches $1.5B ‘agreement in principle’ with DOJ

    2019-01-31T13:30:00Z

    General Electric has reached “an agreement in principle” with the Department of Justice, with GE to pay a civil penalty of $1.5 billion concerning its now-defunct WMC mortgage business, the company announced in an earnings report today.

  • Blog

    Humana names general counsel

    2019-01-31T09:30:00Z

    Health insurance company Humana has  named Joseph Ventura as general counsel and Douglas Stoss as interim lead for Humana’s Office of Corporate Affairs . Both will report to Humana President and CEO Bruce Broussard and serve as members of the company’s management team.

  • Blog

    Opus launches new KYC solution

    2019-01-30T13:15:00Z

    Global compliance and risk management solutions provider Opus announced the launch its new know your customer (KYC) workflow automation and risk intelligence solution.

  • Blog

    New Deloitte solution aids privacy management

    2019-01-30T13:15:00Z

    Deloitte recently launched a workflow management platform designed to help clients manage information requests and data privacy.

  • Blog

    SEC settles with 4 companies over prolonged control lapses

    2019-01-30T13:15:00Z

    Apparently thumbing their noses at internal control requirements, four public companies have now settled charges with the SEC over prolonged failures to maintain ICFR.

  • Blog

    House passes bills targeting insider trading, human trafficking

    2019-01-30T12:30:00Z

    The House of Representatives has passed three bipartisan bills, previously advanced by the House Financial Services Committee, that aim to curb insider trading and human trafficking.

  • Blog

    Podcast: Compliance with new Opportunity Tax Zones rules

    2019-01-30T11:30:00Z

    Qualified Opportunity Zones were created by tax reform legislation to incentivize investments in economically distressed communities. In this podcast, we discuss their complexities with Mayer Greenberg and Kevin Matz, tax experts and partners at Stroock & Stroock & Lavan.

  • Blog

    Churchill Mortgage appoints chief compliance officer

    2019-01-30T09:00:00Z

    Churchill Mortgage, a privately owned company that provides residential mortgages, has named Liliana Nigrelli as chief compliance officer.

  • Blog

    U.S. Treasury sanctions Petroleos de Venezuela

    2019-01-29T11:30:00Z

    The Department of the Treasury’s Office of Foreign Assets Control has designated Venezuelan state-owned oil company Petroleos de Venezuela under Executive Order 13850 for operating in the oil sector of the Venezuelan economy.

  • Blog

    World Bank debars Odebrecht subsidiary

    2019-01-29T11:30:00Z

    The World Bank has imposed a three-year debarment on Brazil-based construction and engineering company Construtora Norberto Odebrecht for fraudulent and collusive practices during its participation in the World Bank-financed Río Bogotá Environmental Recuperation and Flood Control Project in Colombia.