All Europe articles – Page 9
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Blog
Garrett Motion names Trane Technologies sustainability chief to board
Automotive technology provider Garrett Motion announced the appointment of Paul Camuti, executive vice president, chief technology and sustainability officer of Trane Technologies, to its board of directors.
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Verifiable data key as companies begin TNFD-aligned disclosures
More than 320 organizations worldwide committed to disclosing their impact on nature following the recommendations of the Taskforce on Nature-Related Financial Disclosures.
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Toeing the ‘fine line’ of cloud security compliance
When organizations move their data or operations to the cloud, the compliance team has their work cut out and then some, experts discussed at CW’s Cyber Risk & Data Privacy Summit.
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AB InBev announces chief sustainability officer
Alcoholic beverages company AB InBev appointed Ingrid De Ryck as its new chief sustainability officer.
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The blurred lines of employee monitoring under GDPR
The French data regulator’s fine against an Amazon warehouse manager for violating employees’ rights to privacy in the workplace once again raises questions about what constitutes an overzealous approach to employee monitoring and why companies fail to recognize the signs.
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Examining precedent set by French DPA’s Amazon employee monitoring fine
The decision by France’s data regulator to fine an Amazon warehouse manager for breaches of the General Data Protection Regulation over the way it monitored employee productivity raises questions about the reach data protection authorities have over corporate conduct.
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News Brief
Uber facing $11M fine over driver privacy rights violations
Ride-hailing company Uber Technologies was assessed a penalty of €10 million (U.S. $11 million) by the Dutch Data Protection Authority for alleged privacy rights violations regarding the handling of European drivers’ personal data.
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Jury out on viability of AI in ESG reporting
Tech vendors believe ESG reporting is a ripe market for artificial intelligence to help companies sift through data and ensure compliance with both mandatory and voluntary reporting standards. Compliance officers appear less sure.
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Q&A: LKQ sustainability VP on importance of environmental data
Richard Brasher, vice-president of sustainability at multinational automotive parts company LKQ Corp., discusses with Compliance Week his view on the added attention sustainability initiatives are receiving and where improvement remains.
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Saxo Bank appoints chief risk, compliance officer
Denmark-based Saxo Bank announced the appointment of John Carmichael as chief risk and compliance officer.
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Quintet Private Bank announces risk chief
Luxembourg-based Quintet Private Bank announced the appointment of Christine Lynch as group chief risk officer.
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Meta’s ‘pay or consent’ model to force GDPR to adapt?
Experts weigh in on Meta’s plans to charge EU users monthly if they do not want to be tracked for online advertising and what the ramifications of the model would mean for the future of the General Data Protection Regulation.
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FINMA eyeing more power over banks. Will it make a difference?
Bonus clawbacks, more fines, and a senior management regime that clearly identifies individual executives’ responsibilities for key governance areas are all options being considered by the Swiss Financial Market Supervisory Authority in response to the collapse of Credit Suisse.
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News Brief
Amazon unit fined $35M under GDPR for employee productivity tracking
Amazon’s warehouse management arm in France was assessed a penalty of €32 million (U.S. $35 million) for violating the General Data Protection Regulation by excessively tracking the productivity of employees.
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News Brief
EU nearing tighter AML rules for crypto, luxury traders
The European Union moved closer to finalizing rules that would expand current anti-money laundering and customer due diligence obligations to new sectors, in addition to granting greater powers to national financial intelligence units.
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Blog
Beckers Group appoints first sustainability chief
Beckers Group, a supplier of industrial paints, announced the appointment of Nicklas Augustsson as its first chief sustainability officer.
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AMLA impact dependent on national collaboration
The impact of the Anti-Money Laundering Authority to improve the coordination and success of AML activities will be largely indirect, depending on its influence over European national governments continuing to supervise most EU financial services firms.
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Lessons from Albemarle, ABB: How data-driven compliance can help your firm
Andrew McBride, chief risk officer of Albemarle Corp., and Tapan Debnath, head of integrity, regulatory affairs and data privacy at ABB, discussed how and why their respective organizations use data analytics to conduct business as part of a recent webcast.
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News Brief
GDPR-minded Microsoft offers cloud customers EU-based personal data storage
Microsoft announced an expansion to its European Union data storage efforts that would allow cloud customers to keep all personal data stored within the EU boundary.
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News Brief
SAP to pay $220M in FCPA settlements
German-based software company SAP agreed to pay more than $220 million as part of resolutions with authorities in the United States and South Africa regarding alleged violations of the Foreign Corrupt Practices Act.