KPMG Australia says that CEO Andrew Yates has resigned, effective immediately, over the mishandling of whistleblower allegations. The board has appointed Stan Stavros as interim CEO of KPMG Australia, while continuing the search for a permanent successor.
Top Stories
Posted inFinancial Services
U.K. slashes FS rules, seeks closer EU regulation ties to boost growth
The U.K. government has announced a raft of legislation that will drastically cut compliance requirements in the financial services sector, as well as aim to bring the United Kingdom more in line with the EU to simplify customs regulations and boost trade.
Posted inSurveys & Benchmarking
CCO/CECO salaries spiked in 2025, according to Inside the Mind survey
Compliance officer salaries spiked in 2025 by between 25 and 35 percent over 2024, according to the results of Compliance Week’s seventh annual Inside the Mind of the CCO survey.
Posted inBest Practices
One part legal, one part behavioral: A winning recipe for a more thoughtful compliance program
Over more than three decades of defending claims, litigating False Claims Act cases, and helping clients avoid suspensions and debarments, my law firm colleagues and I have learned a fair amount about risk and what makes corporate compliance programs succeed or fail.
Posted inEurope
EU calls for transparency, governance as rising defense spending attracts fraudsters
Rapidly rising defense spending across EU states is creating new opportunities for
fraudsters. The director of the EU’s anti-fraud agency has warned that states that are
funding rearmament must increase their fraud protections. Companies and investors in the sector should therefore expect more fraud activity and more scrutiny.
Posted inData Privacy
China’s data scrutiny puts financial firms’ day-to-day compliance to the test
China is tightening personal information protections and urging businesses that handle personal data to strengthen compliance. Violations could result in million-dollar fines, depending on the case.
Posted inTop Stories
SEC proposes pulling climate disclosure rule
After months—really years—of speculation, the Securities and Exchange Commission (SEC) has proposed rescinding its embattled climate disclosure rule, a move that is no doubt being cheered by many businesses. The rule, which began as guidance in 2010 and was not finalized until March 6, 2024, would have required public companies to assess and report […]
Posted inSurveys & Benchmarking
Majority of CCOs worry about ‘keeping up with pace of technological change,’ Compliance Week’s Inside the Mind survey finds
If in 2025 you passed sleepless nights worrying about the ever-evolving pace of technology like AI, you had company—and lots of it, according to Compliance Week’s annual Inside the Mind of the CCO survey.
Posted inRegulatory Enforcement
Federal Department of Labor employees pressured to report DEI practices by colleagues
The Trump administration is directing employees at the U.S. Department of Labor to report colleagues who engage in traditional diversity, equity, and inclusion practices at work.
Posted inEnergy and Utilities
BP chairman ousting: A failure of ‘tone at the top’ or a triumph of good governance?
The speed at which a major oil company has fired its chairman over allegations of bullying and aggressive behavior may be viewed as a triumph of ethical policies—and a failure of the “tone at the top”, say experts.
