House passes bill requiring disclosure of diversity on corporate boards
If enacted, legislation on corporate board diversity would require the SEC to work on strategies to increase gender, racial, and ethnic diversity on corporate boards.
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ArticleUnderstanding Canada’s new diversity disclosure requirements
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.
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News BriefChipmaker fined $140M for unlawfully exporting chip design tools to China
Chip design software and hardware maker Cadence Design Systems agreed to plead guilty to unlawfully exporting semiconductor design tools to a restricted Chinese military university, the Department of Justice said in a statement. The California firm will pay over $140 million in criminal and civil pines and forfeitures, marking the ...
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News BriefTrump DOJ fires two antitrust officials amid broader regulatory pullback
The Department of Justice fired two officials who were part of its antitrust division on Monday. The move, reported by CBS News, marks the latest effort from the Trump administration to ease regulations for companies and rollback of antitrust enforcement.
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ArticleU.K. shake up of immigration rules for skilled worker visas should prompt compliance review
As of July 22, U.K. companies hiring foreign nationals on skilled worker visas face higher salary and qualification requirements. Over 100 jobs were also removed from the list of roles eligible for overseas recruitment. Compliance managers should ensure policies are updated to reflect the changes.
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ArticleU.K. regulator urges auditors to explain AI use in audits
Plans to push audit firms to disclose how they use AI in audits have been broadly welcomed, but concerns remain over how corporate data is used, secured, retained, and potentially exposed.
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ArticlePCAOB faces uncertain future as SEC Chair solicits new candidates
SEC Chair Paul Atkins is soliciting candidates for all five seats on the Public Company Accounting Oversight Board, he announced Wednesday.