Articles | Compliance Week – Page 194
-
ArticleFacebook loses appeal, faces costly privacy class action
The ruling of a federal appeals court has Facebook once again at risk of facing fines north of $1 billion for alleged misuse of users’ biometric data.
-
Article
Maxar Technologies appoints chief accounting officer
Maxar Technologies, a provider of advanced space technology solutions, has appointed Carolyn Pittman as chief accounting officer. She became the company’s principal accounting officer on Aug. 7.
-
ArticleA critical review of the SFO’s DPA process
Companies considering entering a deferred prosecution agreement with the U.K. Serious Fraud Office might instead want to take their chances with a trial following the outcomes of a trio of recent high-profile corruption cases.
-
Article
HDI Global appoints general counsel and corporate secretary
HDI Global Insurance (HDI) has appointed Patricia Ryan as general counsel and corporate secretary with immediate effect.
-
Article
SEC proposes to modernize Regulation S-K disclosures
The SEC is seeking comment on proposed amendments to modernize the description of business, legal proceedings, and risk factor disclosures that registrants are required to make under Regulation S-K.
-
Article
Ex-KPMG partner to pay $125K in insider trading case
A former KPMG partner charged by the SEC with insider trading has been ordered to pay a civil penalty of $125,000 and suspended from appearing or practicing before the Commission as an attorney or accountant.
-
ArticleBoth investors, companies unhappy with FASB’s tax disclosure proposal
Accounting rulemakers have their work cut out for them trying to determine how to meet investors’ needs for information about corporate tax risks without breaking preparers’ backs.
-
ArticleStudy: Managers, leaders ill-prepared for workplace issues
Many managers and leaders today are ill-prepared to deal with harassment, bias, discrimination, bullying, and other tough workplace challenges, a new study finds.
-
Article
Exiger acquires Convergent Solutions
Exiger announced the acquisition of government IT provider Convergent Solutions.
-
ArticleStill more work ahead on leases, says new survey
Midway through the first year of complying with new lease accounting rules, only a little more than half of public companies said they completed their transition.
-
ArticleSFO cooperation guidance provides clarity on leniency
In recent guidance, the SFO for the first time has formally set out expectations essential to U.S.-type deferred prosecution agreements, but some say the low number of companies accepting criminal responsibility may negate the provision’s worth.
-
ArticleInternational Flavors and Fragrances discloses bribery investigation
International Flavors and Fragrances says it is investigating potential improper payments made in Russia and Ukraine by an Israeli-based company it acquired last year.
-
Article
Athena Capital appoints chief compliance officer
Athena Capital Advisors, a privately owned registered investment advisor, has appointed Beth Lehman as deputy general counsel and chief compliance officer.
-
Article
NAVEX Global acquires Lockpath
NAVEX Global announced the acquisition of integrated risk management software solutions firm Lockpath.
-
ArticlePCAOB fines PwC Mexico over auditor independence
U.S. audit regulators have fined PwC’s affiliate in Mexico for a seemingly brazen failure to observe auditor independence rules.
-
ArticleFacebook, Libra questioned by global data leaders
Data privacy leaders from the United States, United Kingdom, European Union, and Canada are among a group to come together and voice their concerns over Facebook’s planned venture into the cryptocurrency space with Libra.
-
ArticleSwiss bank ignores compliance officer; pays $10.7M for tax evasion
A Swiss-based private bank reached a $10.7 million settlement and entered into a non-prosecution agreement with the U.S. Department of Justice for committing tax evasion after recommendations made by its compliance officer went ignored.
-
ArticleDeloitte names, describes two CAMs at Microsoft
Among the first to disclose critical audit matters, Microsoft’s auditor, Deloitte, identifies revenue recognition and uncertain tax positions as CAMs.
-
ArticleInvestigation widens into how Sealed Air selected its audit firm
Packaging company Sealed Air, currently under investigation by the SEC, has received a grand jury subpoena from the U.S. Attorney’s Office for the Western District of North Carolina and faces a related investigation by the DOJ.
-
ArticleFraud in non-GAAP: DOJ, SEC pursue parallel charges
The U.S. Department of Justice and the Securities and Exchange Commission are pursuing fraud charges over manipulation of a non-GAAP metric at a publicly traded real estate investment trust.