All Compliance Week articles in Web Issue – Page 965
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Miscimarra named NLRB Chairman
President Donald J. Trump has named Philip A. Miscimarra as chairman of the National Labor Relations Board, a move that promotes him from acting chairman.
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Federal Reserve Gov. Powell addresses regulatory reform
In a recent speech, Federal Reserve Governor Jerome Powell detailed the priorities he thinks should be part of any reconsideration of the post-recession regulatory regime.
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Tech startups protest retreat from net neutrality
More than 800 tech startups and investors have joined forces to oppose a Federal Communications Commission proposal to scale back rules related to net neutrality.
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Senate Democrats announce $15 minimum wage bill
Senate Democrats are mustering their forces behind new legislation that, if passed, would raise the federal minimum wage to $15 an hour.
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Bill promotes regulatory relief for community banks
Community bankers are lending their support to newly filed legislation intended to relieve many of the regulatory burdens they have faced in the post-Dodd-Frank era.
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Trump Administration releases ‘core principles’ of tax reform
A list of core principles that will inform the Trump Administration’s tax overhaul were announced this week. Highlights: reducing the corporate tax rate to 15 percent and relating a one-time tax on repatriated company assets.
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Cyber-incident report points out trends for companies to beware
A new report on cyber-security trends gives companies a way to benchmark their cyber-risks against thousands of incidents and breaches globally.
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AG Sessions: Department of Justice will ‘strongly enforce’ FCPA
In case companies had any lingering doubt about Foreign Corrupt Practices Act enforcement, Attorney General Jeff Sessions indicated in remarks this week that FCPA enforcement is alive and well. His remarks come a week after Acting Principal Deputy Assistant Attorney General Trevor McFadden similarly pledged support of FCPA enforcement.
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With attest tool to come, AICPA issues cyber reporting framework
The accounting profession is getting some new tools to deploy in their growing involvement with addressing cyber-risk.
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Integris Software unveils data privacy platform
Integris Software, a privacy intelligence software provider, emerged out of stealth mode by unveiling its new privacy software solution for global enterprises, giving them the ability to meet the most rigid of compliance and global regulatory mandates.
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LockPath introduces Keylight Managed Services
LockPath, a provider of governance, risk management and compliance solutions, recently launched a new professional services offering, Keylight Managed Services. This new offering will provide day-to-day GRC program administration support for customers of LockPath’s Keylight Platform.
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FIFA audit official pleads guilty to corruption charges, gets suspended
A member of FIFA’s audit and compliance committee pleaded guilty yesterday to charges of wire fraud conspiracy for his participation in multiple schemes to accept and pay bribes to soccer officials and received a 90-day suspension by FIFA from all football activities at both the national and international level.
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SEC awards $4M to whistleblower
The SEC this week announced that it has awarded nearly $4 million to a whistleblower who tipped off the agency about serious misconduct and provided additional assistance during the ensuing investigation.
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Newmont Mining FCPA probe ends in SEC declination
Gold mining company Newmont Mining said this week in a securities filing that the Securities and Exchange Commission does not plan to bring an enforcement action in connection with a previously disclosed investigation into potential violations of the Foreign Corrupt Practices Act.
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Senators press PCAOB for answers on KPMG audit of Wells Fargo
U.S. Senators are asking how KPMG could know Wells Fargo had fake accounts on the books, but not flag it as relevant to the financial statement audit.
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Kara Novaco Brockmeyer joins Debevoise
Debevoise & Plimpton today announced that Kara Brockmeyer, former Chief of the SEC Enforcement Division’s Foreign Corrupt Practices Act Unit, is joining the firm’s Washington, D.C. office as a partner.
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Twist Bioscience appoints chief ethics and compliance officer
Twist Bioscience, a company accelerating science and innovation through rapid, high-quality DNA synthesis, today announced the appointment of Mark Daniels to the newly created position of chief ethics and compliance officer.
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SFO investigates KBR over Unaoil
The U.K. Serious Fraud Office confirmed that it has opened an investigation into the activities of engineering and construction company KBR for suspected bribery and corruption offenses.
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Former Magyar Telekom executives settle FCPA case
Two former executives at Hungarian-based telecommunications company Magyar Telekom agreed to pay financial penalties and accept officer-and-director bars to settle a previously filed SEC case alleging violations of the Foreign Corrupt Practices Act.
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Air Products appoints general counsel
Air Products, an industrial gases company, has appointed Sean Major as executive vice president and general counsel, effective May 1.