All Compliance Week articles in Web Issue – Page 510
-
Blog
SEC’s Piwowar cleared of overstepping bounds with rule re-proposals
SEC Commissioner Michael Piwowar, while serving as acting chairman, acted appropriately when moving forward with rule re-proposals, says Inspector General Carl Hoecker in a response to complaints by Senate Democrats.
-
Blog
Business leaders fight to preserve DACA, protect ‘Dreamers’
Business leaders, including prominent CEOs, are demanding fast action by Congress to protect immigrant employees covered by an Obama era executive order that was rescinded by the Trump Administration this week.
-
Article
FOR: Neither admit nor deny
Allowing firms to enter into consent judgments without having to admit material facts or liability prevents excessive disruption of the regulatory/enforcement framework. Read more from Paul Weiss litigators Brad Karp and Susanna Buergel.
-
Article
AGAINST: Neither admit nor deny
Allowing defendants to settle cases without admitting or denying guilt deprives the public of transparency and accountability. The Honorable Judge Jed Rakoff for the United States District Court explores below.
-
Blog
Department of Education, CFPB in turf war over student loans
The Department of Education has killed an information-sharing agreement with the CFPB that was intended to protect student loan borrowers. It called the Bureau “an overreaching and unaccountable agency.”
-
Article
FASB’s new hedging standard opens door to new strategies
Companies have yet another new accounting standard from the Financial Accounting Standards Board to adopt, but this time they can’t wait to get started.
-
Blog
IAA: Preserve advisers’ fiduciary standard, impose same on broker-dealers
Bucking the trend established by vocal critics of the rule, the Investment Adviser Association wants the SEC to preserve the fiduciary duty for investment advisers and adopt an equally stringent standard for broker-dealers.
-
Blog
COSO publishes final version of updated ERM framework
COSO has released its newly revised enterprise risk management framework, giving companies a new tool to consider in building out their ERM approaches.
-
Article
Corporate philanthropy at its finest
In the wake of Hurricane Harvey, many of the companies we might normally cover concerning compliance and risk issues made headlines for far better reasons: their generosity.
-
ArticleMiFID II is on the way and U.S. firms should pay close attention
As the slate of EU financial regulations known as MiFID II goes into effect in January, U.S. firms may be rudely awakened by new transparency demands, real-time reporting requirements, and “research unbundling” rules.
-
Article
Federal Reserve rethinks oversight by bank boards
A Federal Reserve proposal seeks to streamline the expectations placed upon bank directors. Will it help ease their burden, or create a confusing new regime?
-
Blog
FTI Consulting strengthens its Dispute Advisory Practice
FTI Consulting, a global business advisory firm, today announced that C. Paul Wazzan has joined the firm’s Dispute Advisory Services practice within its Forensic & Litigation Consulting segment as a senior managing director.
-
Article
FRC consults on strategic report
The FRC has proposed amendments to strategic reporting guidance in the hopes that companies will expand their range of non-financial reporting to give stakeholders a better understand of companies’ decision making and corporate strategies.
-
Article
Is it impossible to operate cleanly in some countries?
Corruption may be seen as being “endemic” in some regions, but that cuts no ice with prosecutors in the United Kingdom. To them, a bribe is still a bribe.
-
Blog
Chubb broadens ERM solutions for cyber policyholders in U.S. and Canada
Property and casualty insurance company Chubb has broadened its enterprise risk management solutions for Chubb commercial cyber policyholders in the United States and Canada.
-
Article
Distilling lessons from the uptick in FCPA declinations
As the number of FCPA declinations is up, all indicators point to a general desire on the part of the DoJ and SEC to clear out old cases and re-evaluate which ones to pursue.
-
Blog
Study asserts link between control weaknesses, fraud
Academics say they have identified a link between internal control weaknesses and later revelations of fraud, lending fresh support to key provisions of SOX.
-
Blog
For leniency, confess all crimes
The JBS meat-packing scandal is a perfect example of why companies must provide every single shred of evidence of criminal conduct, or a plea agreement might not be worth much.
-
Blog
There will be blood
A viral video of a nurse who was arrested for upholding her hospital’s own policy on permitting blood draws from non-consenting patients highlights the true challenges of compliance.
-
Blog
Robert Jackson, architect of political spending petition, nominated to SEC
President Trump has nominated Robert Jackson, a professor at Columbia University and proponent of a controversial political spending disclosure rule proposal, to be a member of the SEC.