All Compliance Week articles in Web Issue – Page 709
-
Blog
SCOR Names Global Chief Compliance Officer
Global reinsurer SCOR has appointed Spencer Alridge as group chief compliance officer. He reports to Romain Launay, general secretary, effective as of June 1. Details inside.
-
Blog
Lumber Liquidators Chief Compliance Officer (Quietly) Departs
Ray Cotton, chief compliance officer of Lumber Liquidators, apparently left the company in May, according to his LinkedIn page. The embatteld hardwood flooring company currently is under investigation by numerous state and federal agencies and is facing more than 100 class-action lawsuits after a 60 minutes report accused the company ...
-
Blog
Vail Resorts Chief Accounting Officer to Retire
Vail Resorts has announced the planned retirement of Mark Schoppet, controller and chief accounting officer, effective upon the hiring of his replacement and the completion of a transition period. Details inside.
-
Blog
Deutsche Post CCO Joins Nardello & Co.
Geoffrey Cruikshanks, former general counsel and chief compliance officer at Deutsche Post, has joined global investigations firm, Nardello & Co., as its chairman. He will be based in Brussels and London and will work to develop and implement the firm’s international growth strategy. Details inside.
-
Blog
Socialware Opens Platform to Solve Social Media Risk Challenges
Socialware, a provider of social media risk management solutions for the enterprise, now makes it easy for third parties and partners to offer security, compliance, and brand protection solutions using key capabilities from the Socialware platform. Details inside.
-
Blog
FinCEN Fines Tinian Dynasty Hotel & Casino $75 Mill on AML
The Financial Crimes Enforcement Network this week fined Tinian Dynasty Hotel & Casino, $75 million for “willful and egregious” violations of the Bank Secrecy Act. According to FinCEN, Tinian Dynasty failed to develop and implement policies and procedures designed to ensure anti-money laundering compliance, or to detect suspicious transactions. Details ...
-
Blog
SEC 'Invites' ALJ to Submit Affidavit on Pressure to Find for Agency
Yesterday, the SEC issued an unusual order In the Matter of Timbervest LLC et al., an administrative proceeding currently before the agency. The Commission invited the ALJ in the case to file an affidavit addressing the existence of any pressure to rule in favor of the Division of Enforcement in ...
-
Blog
Ingersoll Rand Names Chief Accounting Officer
Chris Kuehn joins Ingersoll-Rand as chief accounting officer, effective immediately. Kuehn will serve as the company’s principal accounting officer and be responsible for strategic leadership and oversight of financial reporting, operational finance and technical accounting at Ingersoll Rand. Details inside.
-
Blog
FCA Appoints Two Key Executive Roles
The U.K. Financial Conduct Authority today announced the appointments of two key executive roles, with Mark Steward becoming the new Director of Enforcement and Market Oversight, and Barbara Frohn the new Director of Risk and Compliance Oversight. The FCA also announced three recent key director appointments. Details inside.
-
Blog
Twitter Appoints New Chief Accounting Officer
Online social networking service Twitter has appointed Robert Kaiden as chief accounting officer, effective as of June 1. Details inside.
-
Resource
e-Book: CSR and Compliance
Europe has made significant advances in corporate social responsibility (CSR). European Union member states now back reforms where large companies will be expected to report on environmental and social issues, a move that shows how highly European investors value CSR initiatives.In this e-Book, we examine how major European companies are ...
-
Blog
SEC Offers Pay Ratio Rule Analysis for Public Comment
The SEC still has given no sign of a final pay ratio disclosure rule, but there is a new analysis from its Division of Economic and Risk Analysis that the Commission has made available for public comment. The analysis considers the potential effects of excluding different percentages of employees from ...
-
Blog
SEC Sues Bulgarian Trader for EDGAR-Assisted Avon Stock Scheme
The SEC says it knows who was behind fake tender offers posted to its EDGAR database and is suing the Bulgarian man it claims is responsible. On June 4, the Commission filed a complaint in U.S. District Court against Nedko Nedev and firms he was associated with. He allegedly masterminded ...
-
Blog
SEC's Pinterest Page Highlights Achievements of Women SEC Officials
The SEC has found another interesting use for its "Pinterest" page. It recently created a Women's History Month board on the popular social media site to help gather information and photos, and celebrate the achievements of many of the most influential women employees in in its history.
-
Blog
Audit Committees Get Fresh Tips on Evaluating Auditors
Image: The Audit Committee Collaboration, backed by seven groups with various missions around corporate governance and investor advocacy, has updated its External Auditor Assessment Tool, tips to help audit committees conduct their evaluation of external auditors. Cindy Fornelli, executive director of the Center for Audit Quality, says the tool “can ...
-
Blog
Worldwide Express Names Chief Compliance Officer
Worldwide Express, a global logistics franchisor, has named Richard Kolman as general counsel and chief compliance officer. In this capacity, Kolman manages the legal and franchise compliance departments, including overseeing network compliance with system standards. Details inside.
-
Blog
Sen. Warren is Triply 'Disappointed' in SEC Chair White
Sen. Elizabeth Warren would like SEC Chair Mary Jo White to know that Sen. Warren is disappointed in her. In a 13-page letter this week, Sen. Warren expressed this very sentiment repeatedly, prompting Chair White and others to defend her leadership of the agency and its accomplishments.
-
Blog
Report: Non-U.S. Bribery Actions Doubled Since 2012
A new report released by anti-bribery group TRACE International shows that while the United States still sets the pace for cracking down on bribery, non-U.S. enforcement actions have more than doubled since 2012, and in 2014 total non-U.S. enforcement actions concerning bribery of foreign officials outnumbered U.S. enforcement actions. Details ...
-
Blog
Google’s Antitrust Investigation Continues
Image: The European Union Competition Commissioner Margrethe Vestager confirmed that the watchdog is continuing its investigation into Google for allegedly engaging in anti-competitive behavior. In an interview with BBC, Vestager said that more probes are ongoing into the tech giant’s role in mapping, travel, flight, and third-party data. Details inside.