Appointment Blogs | Compliance Week – Page 88
-
Blog
For early revenue adopters, SEC digs into year-end disclosure
SEC staff are showing an interest in some specific disclosures companies are providing under the new revenue standard, based on themes emerging in comment letters.
-
Blog
Fed rule targets risk concentrations among big banks
A new rule from the Federal Resere seeks to prevent concentrations of risk between large banking organizations and their counterparties from undermining financial stability.
-
Blog
Trump makes Chinese tariffs official
President Trump has announced the execution of $50 billion in new tariffs on Chinese goods. The U.S. will implement a 25 percent tariff on a wide array of industrial and manufacturing products and parts.
-
Blog
FASB issues guides on revenue, consolidations
FASB staff issued two new implementation guides to help companies navigate the GAAP taxonomy in the areas of revenue recognition and consolidations.
-
Blog
Centene rotates executives as part of its executive development program
Centene announced, consistent with its policy of rotating executives as part of its executive development program, a rotation that provides for new roles and responsibilities for a number of its senior executives, including a new compliance, internal audit, and risk leader.
-
Blog
MDC Partners names chief accounting officer
MDC Partners, a marketing and communications firm, has hired Vincenzo DiMaggio as chief accounting officer.
-
Blog
Lockpath and Digital Shadows partner to advance digital risk management
Lockpath, a provider of integrated risk management solutions, and Digital Shadows, a digital risk management and relevant threat intelligence provider, today announced a new partnership to strengthen how organizations manage and mitigate risk.
-
Blog
Duff & Phelps creates new business post-Kroll acquisition
Finance services firm Duff & Phelps has formed a new business unit following its recently completed acquisition of Kroll. The Governance, Risk, Investigations and Disputes practice combines Duff & Phelps’ expertise in disputes and investigations with Kroll’s extensive investigations, cyber-security, due diligence, and compliance skills.
-
Blog
ABBYY launches Text Analytics for Contracts
ABBYY, a global provider of content intelligence solutions and services, recently announced the launch of ABBYY Text Analytics for Contracts, a managed service that automatically discovers insights from contracts and leases to speed up risk mitigation, obligation analysis, and content migration.
-
Blog
German authorities fine Volkswagen $1.2B for emissions-cheating scandal
German authorities on Wednesday fined Volkswagen a total of €1 billion (U.S. $1.2 billion) resulting from the company’s long-running emissions-cheating scandal.
-
Blog
Judge rejects government efforts to block AT&T, Time Warner deal
After months of legal sniping and a six-week trial, a federal judge has approved AT&T’s $85 billion acquisition of Time Warner.
-
Blog
SAB 74 disclosures still lag, PwC analysis shows
Investors are not getting much warning about assets and liabilities soon to hit corporate balance sheets as companies prepare to adopt new lease accounting rules.
-
Blog
FinCEN issues advisory on abuses enabled by political figures
The Financial Crimes Enforcement Network has issued an advisory to U.S. financial institutions to highlight the connection between corrupt senior foreign political figures and their enabling of human rights abuses.
-
Blog
Westpac names new chief risk officer
Australian financial services company Westpac has appointed David Stephen as its new chief risk officer.
-
Blog
Net neutrality is dead, but battles rage on
The era of “net neutrality” has ended. On Monday, the Federal Communications Commission’s Restoring Internet Freedom Order went into effect. Battles are already afoot to restore the former status quo.
-
Blog
OFAC: Ericsson settlement agreement imparts sanctions compliance lessons
In its first enforcement action of 2018, the U.S. Treasury Department’s Office of Foreign Assets Control on June 6 reached a $145,893 settlement agreement with Swedish telecom company Ericsson for violating Sudanese sanctions regulations.
-
Blog
Senators want scrutiny of Trump tweet on unemployment data
Democratic senators wants regulators to investigate whether “President Trump’s reckless comments on market-moving economic data" was a catalyst for insider trading. On June 1, Trump tweeted about positive employment numbers before the data went public.
-
Blog
SEC’s Jackson urges a review of stock buyback rules
SEC Commissioner Robert Jackson is voicing his concerns about corporate stock buybacks and says research produced by his staff “raises significant new questions about this activity.” He wants the Commission to reconsider existing rules.
-
Blog
Merrill Lynch to pay $15M for failure to supervise RMBS traders
The SEC announced on June 12 that Merrill Lynch will pay more than $15 million to settle charges that its employees misled customers into overpaying for Residential Mortgage Backed Securities.
-
Blog
The ZTE Department of Commerce Monitor: uncharted waters
As part of the resolution to free itself from a U.S. sanction, ZTE has agreed to the unique position of having a court-appointed monitor and one from the Department of Commerce, leading to concerns of a clash of ideas and authority.