All Compliance Week articles in Web Issue – Page 595
-
Blog
SEC’s Piwowar offers ideas for improving bank regulation
Troubled by what he sees as an intrusion by bank regulators onto the Securities and Exchange Commission's turf, Commissioner Michael Piwowar has outlined a new regulatory approach that comes with a variety of additional disclosure obligations for financial institutions. More from Joe Mont.
-
Resource
The OCEG GRC Illustrated Series: Balancing Your Compliance Program
OCEG, with contributions from Compli, has developed an illustration that shows you how automating workforce compliance execution provides significant benefits, supports issue management and balances the compliance program.
-
Blog
AML due diligence for non-financial institutions: the next big thing in compliance?
What does the 1MDB scandal portend for non-financial companies and anti-money laundering compliance? Plenty, especially if they haven't reviewed their AML policies and procedures in the last 12 months. Tom Fox reports.
-
Event
AICPA Governmental Accounting and Auditing Update Conference (GAAC)
WashingtonWashington, DC 11111United States
-
Blog
Cardiologist facing criminal, SEC charges for trading based on clinical trials
Dr. Edward Kosinski, a cardiologist in his late ’60s living in Weston, Connecticut, has been named as a defendant in a criminal prosecution—as well as an SEC enforcement action—charging him with insider trading for allegedly trading based on the confidential results of a clinical trial he conducted. Bruce Carton reports.
-
Blog
Anti-corruption efforts slowly gain steam in Latin America
A majority of executives in Latin America may think their country’s anti-corruption laws are ineffective, but a recent survey by law firm Miller & Chevalier and 13 partner firms based in the region offers evidence of region-wide improvements in corporate compliance measures. Joe Mont has more study details.
-
Blog
Basel Index finds slippage in AML efforts
The Basel Committee on Banking Supervision, an international consortium that develops banking standards, has issued its “Basel AML Index,” an annual ranking of country risk regarding money laundering and terrorism financing. The overall conclusion this year, says Joe Mont: A majority of countries fall short in the effective implementation and ...
-
Blog
Alert calls out audit risks under new revenue rule
With implementation of the revenue standard looming, the American Institute of Certified Public Accountants has issued some guidance to help companies keep audit risks in mind. More from Tammy Whitehouse.
-
Blog
Fed hits Goldman Sachs over use of supervisory information
The Federal Reserve Board has ordered Goldman Sachs Group to pay a $36.3 million civil penalty for the unauthorized use and disclosure of confidential supervisory information in presentations to clients and prospective clients. Joe Mont reports.
-
Resource
The Future of Unclaimed Property: A Glance into the Crystal Ball
This comprehensive article addresses the impact of the decision in Temple-Inland and other pending cases, as well as provides valuable insight to corporate finance, tax, and treasury officers on what all companies should do to prepare themselves in meeting anticipated developments in the unclaimed property reporting area.
-
Blog
FCPA compliance and the social contract
Tom Fox looks at how Foreign Corrupt Practices Act compliance promotes multiple corporate stakeholders.
-
BlogLatest survey suggests uneven costs for Sarbanes-Oxley
A recent survey from Protiviti finds that half of those accelerated and large accelerated filers participating in the survey claim their external audit fees related to Sarbanes-Oxley compliance increased in fiscal 2015, while 52 percent of non-accelerated filers said their fees decreased. Tammy Whitehouse has more.
-
BlogBasel Index finds slippage in AML efforts
The Basel Committee on Banking Supervision, an international consortium that develops banking standards, has issued its “Basel AML Index,” an annual ranking of country risk regarding money laundering and terrorism financing. The overall conclusion this year, says Joe Mont: A majority of countries fall short in the effective implementation and ...
-
Blog
Why the U.S. must lead the global fight against corruption
As recent enforcement actions in Malaysia and Latin America have shown, the U.S. government must remain the world’s leader in the worldwide fight against the global scourge of corruption. Tom Fox has more.
-
Blog
Prosecutors announce latest guilty plea in unprecedented hacking and trading scheme
Almost exactly one year ago, the SEC and Justice Department both filed cases against a large group of hackers and traders who carried out an “unprecedented” insider-trading and hacking scheme. Now prosecutors have announced the latest guilty plea in the case—the fifth so far. Bruce Carton reports.
-
Blog
New U.K. PM hints at governance reforms
Theresa May has not minced words over her planned governance reforms as the United Kingdom’s new Prime Minister. She says the country needs deep economic reform, including a review of executive compensation and gender equality in the boardroom. Neil Hodge reports.
-
Blog
Monitoring corporate culture
A recent report from the Financial Reporting Council offers guidance to board chairmen on how to promote corporate culture. The report advises boards to align values, exercise steardship, and demonstrate leadership, among other steps. Paul Hodgson provides an in-depth look.
-
Blog
Retailer pushes back on Delaware unclaimed property audit
Office Depot is taking on the state of Delaware over its unclaimed property audit tactics, asking the U.S. District Court in Delaware to declare that the state’s unclaimed property law violates federal law and the U.S. Constitution. Tammy Whitehouse reports.
-
Blog
The hidden key to a good buyback plan: communication
It’s fashionable to slam stock buyback plans, but does it really have to be that way? Stephen Davis & Jon Lukomnik look into why buybacks are so heavily criticized and what directors need to do to make a better case for them.
-
Blog
6 more ‘C’mon, man!’ moments
Regular followers of CW columnist Richard Steinberg will recognize his ‘C’mon, man, moments’—those peculiar business world goofs that leave us all perplexed. From overboarding to outlandish expense reporting, enjoy this latest installment.