Under newly filed legislation, The Stop Wall Street Looting Act, firms would share responsibility for the liabilities of companies under their control, including debt, legal judgments, and pension obligations.
Boards & Shareholders
Posted inAccounting & Auditing
IIA announces global chair and board for 2019-20
The Institute of Internal Auditors announced the election of a newly structured global board of directors for 2019-20.
Posted inAccounting & Auditing
CAQ governing board elects new leadership
The governing board of the Center for Audit Quality (CAQ) has elected EY’s Kelly Grier and BDO’s Wayne Berson as its chair and vice chair, respectively.
Posted inBoards & Shareholders
SFO appoints two non-executive directors
The U.K. Serious Fraud Office has appointed two new non-executive directors: Emir Feisal and Martin Spencer.
Posted inBoards & Shareholders
IBE produces AI guidance for boards
The U.K. Institute of Business Ethics is offering a new guide for companies faced with the ethical challenges of artificial intelligence.
Posted inBoards & Shareholders
SEC finally prevails with investment advice ‘best interest’ rule
The Securities and Exchange Commission has adopted rulemaking intended to enhance the quality and transparency of investor relationships with investment advisers and broker-dealers.
Posted inBoards & Shareholders
How to handle an unpredictable CEO like Elon Musk
There are activist CEOs and rogue CEOs. And then there’s Elon Musk, whose name came up quite often in a Compliance Week panel discussion about what to do when a leader goes off the rails.
Posted inBoards & Shareholders
ExxonMobil’s governance is as toxic as its carbon footprint
The fact that ExxonMobil continues to think only about its bottom line and is indifferent toward the devastating global consequences of its actions demonstrates a corporate culture with no moral compass.
Posted inAccounting & Auditing
SEC focus: Reduce burden while protecting investors
The SEC has stuck to its promise to focus on initiatives that can improve capital formation and lighten the regulatory burden.
Posted inBoards & Shareholders
Braskem board approves $101M leniency agreement
Braskem has approved a 410 million reais (U.S. $101 million) leniency agreement with authorities for concealing its role in a bribery scheme involving Petrobras.
