Starting next year, Canadian companies will be required to disclose much more about their diversity efforts, including many who will have to do so for the very first time.
Regulatory Policy
Posted inAccounting & Auditing
Proposed bill targets FASB rulemaking procedures
Rep. Blaine Luetkemeyer (R-Mo.) on Friday introduced a bill that would subject the Financial Accounting Standards Board to the rulemaking guidelines of federal financial regulators. The Responsible Accounting Standards Act would apply the Administrative Procedures Act to the independently operated Financial Accounting Foundation (FAF), which oversees FASB. The Administrative Procedures Act requires regulators to make […]
Posted inRegulatory Policy
Department of Justice launches new process for filing documents under FARA
The Department of Justice recently announced a new online system for filing, storing, and searching registrations under the Foreign Agents Registration Act.
Posted inEurope
Parliament suspension ‘unlawful’ says U.K. Supreme Court
The U.K. Supreme Court unanimously ruled Boris Johnson’s decision to suspend Parliament unlawful, but it stopped short of suggesting the Prime Minister’s motive was to stymie further debate over the government’s Brexit plans.
Posted inAccounting & Auditing
House approves PCAOB whistleblower program
The U.S. House of Representatives has passed a bill to move the creation of a whistleblower program at the PCAOB forward. While some praised the development, others cautioned it’s a redundant and flawed measure.
Posted inRegulatory Policy
FDIC paves way for rollback of initial swap margin requirements
The move to ditch the requirement that insured depository institutions collect initial margin from affiliates is being praised by regulators for bringing the U.S. into alignment with other countries and freeing up $39.4 billion in collateral.
Posted inFinancial Services
SEC revisiting decades-old bank disclosure guide
The SEC is seeking public comment on proposed updates to statistical disclosures for bank and savings and loan registrants.
Posted inData Privacy
Last-minute CCPA changes strike business-friendly tone
Recently approved tweaks to California’s upcoming privacy law don’t change the fact compliance prep should already be well underway, experts say.
Posted inRegulatory Enforcement
If feds find fraud using analytics, corporations better have found it first
Deputy Assistant Attorney General Matthew Miner put corporate compliance officers on notice with remarks about the feds’ increasing use of data analytics.
Posted inRegulatory Enforcement
FTC prioritizes guidance on application of antitrust laws to Big Tech
The Federal Trade Commission’s Office of Policy Planning is making the identification of Big Tech companies’ anticompetitive behavior and how to remedy it a top priority.
