News

Amid an exodus of CEOs, President Trump, under fire for post-Charlottesville remarks, is ending two White House forums that advised him on economics and manufacturing.   

 

Republican governors have served CFPB Director Richard Cordray with another Freedom of Information Act request in an effort to prove a Hatch Act violation.

With a new SEC chairman, a new push is underway to have a fresh consideration of a disclosure rule covering political contributions made by public companies.

Recent legislation, gaining Republican support, would limit the power of the NLRB. It would be able to conduct investigations, but not be allowed to prosecute them.

Senator Elizabeth Warren (D-Mass.) is targeting top bank executives, demanding that they go public with their views of the CFPB's recent rule banning forced arbitration.

New leadership will soon take over the helm of the PCAOB after SEC Chairman Jay Clayton opens a public search for as many as four board positions.

The SEC has extracted a $6.2 million settlement from KPMG over charges that the firm and an engagement partner failed to properly audit valuations in 2011.

As the United Kingdom struggles to police money laundering more efficiently, will its newly created Office for Professional Body Anti-Money Laundering Supervision be the answer?

A bar-room brawl spells the end of Automobile Association Chairman Bob Mackenzie, but also calls into question the AA’s overall corporate governance structure and approach.

Companies are slipping behind in implementing the new lease accounting standard, and the call for deferral in the effective date may be getting under way.

Stericycle, a medical-waste disposal company, disclosed in a recent securities filing that it is being investigated by the Securities and Exchange Commission and the Department of Justice for potential violations of the Foreign Corrupt Practices Act concerning the company’s operations in Latin America.

Caterpillar has announced the election of Kelly Ayotte, former U.S. senator representing New Hampshire, to its board of directors.

Starting with the 2024 Summer Games in Paris, Olympic host cities must agree to abide by certain anti-corruption and human rights principles meant to clean up the world of global sports.

Companies that market or sell medical devices within the EU will have to abide by significant new rules regarding product classification, clinical evaluations, quality management, and more.

Recent episodes of viral social outrage have prompted employers to fire staff for objectionable behavior that violates a Code of Conduct but really caused reputational harm to the firm more than anything. Compliance officers will have to keep an eye on this.

For business in general, and financial services in particular, incorporating cognitive computing into operations and compliance is a necessity, not a luxury.

Money laundering still strikes institutions large and small. While regulations are both added and reconsidered, what firms really need is data integrity.

PwC finds itself on the defensive after Ukraine accuses it of failing to notice a massive corruption scheme it should have detected.

A prominent Mexican football star finds himself on OFAC's black list for allegedly fronting for a known drug kingpin. Just when you thought soccer couldn't get any more dramatic.

In case you missed it this week, Uber's former CEO is going to have a hard time paving his way back to his old job, former PM Nawaz Sharif is under fire for lying about his income, and Coinbase reaches unicorn status.

Companies may soon have some new instructions to follow in deciding how to account for various types of grants and contributions.

Workiva, a provider of solutions for enterprise productivity, recently announced data integration between its Wdesk platform and more than 100 cloud, SaaS, and on-premise applications, including Oracle Enterprise Resource Planning (ERP) Cloud.

Bay Dynamics, a cyber-risk analytics provider, recently announced a technology partnership with Symantec that will enable enterprises and government agencies to more efficiently and effectively detect, quantify, and prioritize insider threats and outside risks.

Generali Global Assistance, a travel insurance provider and part of the global Generali Group, announced the hiring of Tarik Ajami as general counsel and chief compliance officer, supporting all Generali business lines in North America.

The Financial Accounting Standards Board is preparing to propose a modification to the pending lease accounting standard to amend the transition guidance.