Appointment Blogs | Compliance Week – Page 99

  • Blog

    Council of Europe: Finland must boost anti-corruption efforts in central governments

    2018-04-06T14:45:00Z

    In an evaluation report published last month, the Council of Europe’s Group of States against Corruption (GRECO) called for Finland to strengthen its systems to prevent and detect corrupt behaviour in central governments—including the top executive functions—and law enforcement agencies.

  • Blog

    SEC obtains emergency freeze of $27M in stock sales of Longfin

    2018-04-06T11:30:00Z

    The SEC has obtained a court order freezing more than $27 million in trading proceeds from allegedly illegal distributions and sales of restricted shares of cryptocurrency firm Longfin stock involving the company, its CEO, and three other affiliated individuals. The case is another example highlighting the difference between simply having ...

  • Blog

    SEC charges medical device company with fraud

    2018-04-06T11:15:00Z

    The Securities and Exchange Commission has charged a medical-device company and convicted felon and former NHL team owner Peter Pocklington with defrauding investors by hiding Pocklington’s recidivist history and by misappropriating investor funds.

  • Blog

    SEC: Whistleblower collects $2.2M after first reporting to another federal agency

    2018-04-06T11:00:00Z

    A former company insider whose tips helped the SEC open an investigation that led to an enforcement action was awarded more than $2.2 million. The whistleblower first reported the information to another federal agency and later provided the same information to the SEC.

  • Blog

    New York pension fund will vote against boards with no women directors

    2018-04-06T10:30:00Z

    The New York State Common Retirement Fund, the third largest public pension fund in the United States, says it will vote against board directors standing for re-election at companies that have no women on their boards.

  • Blog

    AuditBoard, DLA partner to provide SOX compliance and audit solutions

    2018-04-05T16:00:00Z

    AuditBoard, a provider of enterprise audit management software, and David Landau and Associates (DLA), a management consulting firm, announced a strategic partnership to help companies automate their risk compliance processes.

  • Blog

    New AI-enabled financial crime investigation management platform released

    2018-04-05T16:00:00Z

    NICE Actimize, a NICE business, released its new Actimize ACTone, an artificial intelligence-enabled investigation management system that serves as the next-generation alert and case management platform for financial services firms.

  • Blog

    HID Global cyber-threat service brings AI to identity and access management

    2018-04-05T15:45:00Z

    HID Global has introduced a new cyber-threat and fraud detection service that brings artificial intelligence and machine learning to identity and access management, addressing the rising incidents of cyber-attacks, especially against financial institutions.

  • Blog

    New solution transforms how boards manage cyber-risk

    2018-04-05T15:30:00Z

    Secure Systems Innovation Corporation (SSIC), a cyber-risk management firm, has expanded its application of X-Analytics, its patented method for measuring and modeling cyber risk, for executives and boards seeking clarity related to the economics of cyber-risk management.

  • Blog

    Acting CFPB director wants a radical overhaul of the agency

    2018-04-04T14:00:00Z

    In the pages of the CFPB’s semi-annual report, Acting Director Mick Mulvaney included four recommendations for legislative changes to the agency. “The Bureau is far too powerful, with precious little oversight of its activities,” he said.

  • Blog

    Treasury wants to ‘modernize’ Community Reinvestment Act

    2018-04-04T13:30:00Z

    The Treasury Department has announced recommendations for updating the Community Reinvestment Act. The stated goal “is to better align CRA activity with the needs of the communities that banks serve.”

  • Blog

    Did some companies fudge their pay ratio disclosures?

    2018-04-04T13:15:00Z

    As the initial batch of disclosures to meet requirements of the Securities and Exchange Commission’s pay ratio rule trickle in, activists are already flagging concerns that companies may be a bit too creative with their calculations.

  • Blog

    Senators demand data use answers from Grindr

    2018-04-04T12:45:00Z

    In response to media reports that the LGBTQ dating app Grindr shared information about users’ HIV statuses with third parties, Senators Edward J. Markey and Richard Blumenthal are demanding answers about the company’s data practices.

  • Blog

    EPA wants to revise, scale back automobile emissions standards

    2018-04-04T12:30:00Z

    The EPA is looking to backtrack from Obama-era fuel emission standards imposed upon auto manufacturers. Administrator Scott Pruitt announced a determination that the current standards “are not appropriate and should be revised.”

  • Blog

    Trump's new tariffs could trigger trade war with China

    2018-04-04T11:45:00Z

    In response to what the White House views as China’s unfair trade practices, the Office of the U.S. Trade Representative has announced a list of products that could be subject to additional tariffs. China has countered with a list of its own.

  • Blog

    What is the tone at Facebook and how far down does it go?

    2018-04-04T10:00:00Z

    What does tone-at-the-top mean at an organization? Is it win at any (literally any) cost? If that really is the message, how long, then, before it permeates all the way through the organization? asks The Man From FCPA.

  • Blog

    Pre-acquisition due diligence is critical in M&A work

    2018-04-04T10:00:00Z

    Engaging in robust pre-acquisition due diligence can go a long way toward helping a company avoid FCPA liability, says The Man From FCPA.

  • Blog

    The board's role in hiring senior executives

    2018-04-04T10:00:00Z

    The Man From the FCPA asks, “What is the role of a board of directors in hiring senior executives, chief compliance officers, and even other board members?” Both fiduciary risk and exposure for the board of directors cannot be overlooked.

  • Blog

    Boards and their own succession planning

    2018-04-04T10:00:00Z

    What is the board’s role in succession planning? At a bare minimum, a board should assure there is a pipeline of qualified candidates for its own succession planning.

  • Blog

    CAQ offers tips to audit committees on leasing

    2018-04-03T17:30:00Z

    The Center for Audit Quality is offering some tips to audit committees on how to query senior management regarding readiness for new lease accounting standards.