All Compliance Week articles in Web Issue – Page 1290
-
ArticleKPMG fined $4.1M for Conviviality audit failings, reaches settlement regarding Regenersis
The U.K. Financial Reporting Council announced sanctions against KPMG regarding its audits at now-collapsed alcohol retailer Conviviality, in addition to a settlement with the Big Four firm concerning its work at software company Regenersis.
-
ArticleBumps in road expected as U.K. strives to be climate risk leader
The United Kingdom has paved the way for companies to report on the future financial impact of climate risks, but the process is far from easy and rates of noncompliance—at least initially—could be high.
-
ArticleNAVEX: Top 10 risk and compliance trends for 2022
Diversity, equity, and inclusion; prioritizing ESG; business continuity; and more highlight the latest edition of NAVEX’s annual list of risk and compliance trends worth monitoring.
-
ArticleWithout OSHA vaccine policy, companies at risk of undercutting corporate culture
The Supreme Court’s decision to block President Joe Biden’s Covid-19 vaccine-or-test policy for large businesses leaves a patchwork quilt of state, local, and city requirements that companies will have to follow as best they can, according to experts.
-
Article
Natuzzi appoints chief accounting officer
Design and luxury furniture producer and distributor Natuzzi S.p.A. has appointed Giuseppe Cacciapaglia as chief accounting officer.
-
Article
Nordea names chief risk officer
Nordea Bank announced the appointment of Mark Kandborg as chief risk officer and a member of the group leadership team.
-
Article
ZoomInfo appoints first chief compliance officer
Global software, data, and intelligence firm ZoomInfo appointed Simon McDougall as its first chief compliance officer.
-
ArticleSwedbank names Britta Hjorth-Larsen as chief compliance officer
Swedbank announced the appointment of Britta Hjorth-Larsen as its new chief compliance officer. She will take over her new duties by Aug. 1 at the latest and join the bank’s group executive committee.
-
ArticleCredit Suisse unit fined $9M for conflict of interest, recordkeeping lapses
Credit Suisse Securities agreed to pay a $9 million fine levied by FINRA for failing to comply with securities laws and rules involving potential conflicts of interest and the safeguarding of customer securities.
-
ArticleItalian DPA fines Enel Energia $30.1M under GDPR over telemarketing practices
Italian energy supplier Enel Energia has been fined €26.5 million (U.S. $30.1 million) under the General Data Protection Regulation for aggressive telemarketing.
-
Resourcee-Book: Pandemic paves way for new financial audit process
This e-Book from Compliance Week and audit cloud software vendor BlackLine Systems focuses on how companies are enhancing their audit processes amid the ongoing pandemic.
-
ArticleHow Covid-19 has redefined the seamless audit process
The pandemic has forced companies to make significant changes to their internal audit processes and how they prepare for external auditors to review their financials. A recent CW webcast sponsored by BlackLine explored how technology can help meet these new challenges.
-
ArticleFinCEN seeking input on SARs-sharing program with foreign branches
The Financial Crimes Enforcement Network is requesting comment on a pilot program that would allow financial institutions to share suspicious activity reports with foreign branches, subsidiaries, and affiliates.
-
ArticleLeaders at BlackRock, SSGA set tone for ESG-focused 2022
The chief executives of BlackRock and State Street Global Advisors earlier this month published their annual letters highlighting topics of importance for the coming year, with climate action and social issues clearly remaining top of mind for both.
-
ArticleREWE International $9M GDPR fine a lesson in managing subsidiary risk
A recent decision by the Austrian Data Protection Authority against food retailer REWE International underlines the fact parent companies are ultimately responsible for how their subsidiaries manage people’s data, even if the offshoot entity operates separately.
-
ArticleGensler says SEC to consider new rules for cybersecurity, data privacy disclosures
The Securities and Exchange Commission is kicking the tires on new cybersecurity and data privacy disclosure requirements for investment companies, investment advisers, broker-dealers, and public companies, according to agency Chair Gary Gensler.
-
ArticleTencent fires 70 employees in latest anti-bribery crackdown
Chinese gaming and social media company Tencent said it fired nearly 70 employees last year as part of its ongoing anti-graft campaign and will stop doing business with 13 Chinese firms that have violated its anti-bribery standards.
-
ArticleESG reporting: A summary of preparers’ perspectives
Preparers speaking at a pair of recent high-profile accounting and auditing conferences discuss current practices and the challenges their controllership teams face in ESG reporting and governance.
-
ArticleSurvey: Working in compliance is stressful, but satisfying
More than half the compliance officers responding to a new survey on working conditions said they feel burned out on the job, yet 60 percent of respondents still reported being satisfied with their work.
-
ArticleAdrienne Harris confirmed to lead NYDFS
Former U.S. Treasury official Adrienne Harris was confirmed to be the first Black woman to officially lead the New York State Department of Financial Services.