All coronavirus articles – Page 12
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ArticleComparing the coronavirus stimulus package to 2008 relief
Unprecedented in scope, Congress’ $2 trillion coronavirus stimulus package significantly dwarfs relief packages passed during the 2008 financial crisis while also reflecting some lessons learned.
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ArticleApp offers $1M bounty for proof of alleged hacking smear campaign
Popular face-to-face social networking app Houseparty is on the defensive amid claims of a data breach, offering a $1 million bounty for proof in what it believes may be a “paid commercial smear campaign.”
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ArticleSurvey: Past crises prepared compliance for coronavirus pandemic
A benchmarking survey from Compliance Week found practitioners weren’t prepared for the specific coronavirus crisis, but that previous crises (think 9/11) left them ready to be leaders during this global pandemic.
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Jefferies Group CFO dead from coronavirus complications
Jefferies Group announced the death of longtime Chief Financial Officer Peregrine “Peg” Broadbent from coronavirus complications.
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ArticleHow to account for coronavirus impact during CECL implementation
The challenge facing companies that choose to report CECL in the first quarter despite reporting relief announced Friday is how to reasonably reflect the potential effects of the coronavirus in estimates of current expected credit losses.
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ArticleCECL delayed amid U.S. government’s coronavirus response
FASB’s controversial standard on credit losses was dealt two significant blows Friday as the U.S. government scrambles to respond to the financial impact of the escalating coronavirus pandemic.
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ArticleEPA scaling back enforcement amid coronavirus
The Environmental Protection Agency said it doesn’t expect to seek penalties for noncompliance with routine monitoring and reporting obligations during a temporary policy issued amid the coronavirus pandemic.
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SEC provides new coronavirus disclosure guidance
The SEC’s Division of Corporation Finance published guidance to provide clarity regarding its view on disclosure and other securities law obligations during the escalating coronavirus pandemic.
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ArticleExecutive pay cuts a growing trend during coronavirus
Hundreds of companies around the world have announced drastic cuts to the salaries of their senior executives as one way to reduce the unprecedented financial blow caused by the coronavirus pandemic.
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Article8 compliance challenges facing European companies in coronavirus crisis
Due diligence, data, solvency, and supply chain management risks are just some of the issues Europe’s employers are struggling with as normal business has come to a standstill during the coronavirus pandemic.
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ArticleSo your company’s CEO has coronavirus. Does the world have to know?
As infections stemming from the coronavirus pandemic continue to mount around the world, publicly traded companies face questions about when and where to disclose that their CEO or other key executives have contracted the virus.
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ArticleCCPA, SHIELD Act to take back seat during coronavirus pandemic?
With state attorneys general now fixated on “stay at home” directives amid the coronavirus pandemic, oversight of data privacy regulation may dip. But consumers—and the plaintiffs’ bar—are still watching.
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ArticleOil and natural gas industry seeks compliance break amid pandemic
The American Petroleum Institute in a letter to President Trump requested that the administration temporarily waive non-essential compliance obligations and provide timely guidance to critical infrastructure personnel amid the coronavirus pandemic.
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ArticlePCAOB grants auditors 45-day relief period from inspections
The Public Company Accounting Oversight Board is giving audit firms a maximum 45-day relief period from the inspection process during the COVID-19 pandemic.
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DOJ begins enforcement crackdown on coronavirus fraud
The Department of Justice has acted swiftly on its vow to crack down on fraud during the coronavirus pandemic, issuing its first related enforcement action against a Website acting as an alleged wire-fraud scheme.
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ArticleCoronavirus begins disrupting public companies’ financial reporting
Companies are reporting ways in which the coronavirus pandemic is hurting their bottom lines, as well as steps they are taking to reduce spending as disruptions ripple through their supply chains and rattle their customer bases.
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Article10 ways to maintain a social, positive workplace amid coronavirus
It’s more important than ever for senior leadership teams—including ethics and compliance officers—to do their part to help maintain a sense of normalcy in the virtual workplace.
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ArticleConference organizers innovate online as coronavirus cancels live events
While the convention industry is taking a huge financial hit during the coronavirus outbreak, it’s also being forced to innovate.
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ArticleConfusion around GDPR during coronavirus prompts EDPB response
The European Data Protection Board has released a statement attempting to clarify how personal data can be processed by companies during the ongoing coronavirus pandemic.
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ArticleCoronavirus disrupts hearings in England, Wales, Scotland
The Presidents of the Employment Tribunals in England and Wales and Scotland announced starting next week all in-person hearings will be converted to a case management hearing by telephone or other electronic means.