Articles | Compliance Week – Page 207
-
ArticleReport: Corruption worsening in Africa
Most African citizens believe corruption is getting worse in their country and that their government is doing a bad job tackling it, according to the 10th edition of the “Global Corruption Barometer – Africa.”
-
ArticleQuality compliance can now earn antitrust leniency
A Justice Department policy change–to evaluate corporate compliance programs as a potential leniency factor on antitrust cases–has come to fruition through announcements made this week.
-
ArticleU.K. audit regulators see no improvement in audit quality
U.K. audit regulators saw no improvement in audit quality in their most recent inspections, indicating none of the major firms achieved targeted pass rates.
-
ArticleAnother CECL sleeper? Auditors get new rules on estimates
While companies adopt CECL, auditors are gearing up for new rules requiring them to more closely scrutinize estimates and the specialists who produce them.
-
ArticleAfter another arrogant move, Facebook needs to be put in check
The social media company is hardly quiet about its crypto initiative, but nevertheless failed to see the materiality of creating a global payments system.
-
ArticleFed Chair urges caution with Facebook virtual currency venture
Count Federal Reserve Chairman Jerome Powell and several members of Congress as concerned observers of Facebook’s planned foray into the world of virtual currency.
-
Article
William & Mary names chief compliance officer
The College of William & Mary announced the selection of Pamela Mason as its new chief compliance officer following a national search.
-
Article
Bitstamp hires U.S. chief compliance officer
Global cryptocurrency exchange Bitstamp announced the appointment of Caitlin Barnett as U.S. chief compliance officer.
-
ArticleSEC charges former Illumina accountant with insider trading
The SEC has filed insider trading charges against a former Illumina accountant and friend whose alleged scheme resulted in $6.2 million in profits.
-
Article
Ryan Specialty Group appoints global CCO
International insurance organization Ryan Specialty Group announced the hiring of Michael Blackshear as a senior vice president and global chief compliance officer.
-
Article
SEC’s Clayton emphatically defends Reg. BI
SEC Chairman Jay Clayton, speaking to an audience of financial professionals in Boston, vigorously defended Regulation Best Interest and came out swinging against critics.
-
Article
Warren, Dems seek mandatory climate disclosures
Senator Elizabeth Warren (D-Mass.) has reintroduced the Climate Risk Disclosure Act, legislation that would require public companies to disclose their exposure to climate-related risks.
-
Article
Agencies exclude community banks from the Volcker Rule
Five federal financial regulatory agencies announced this week they have adopted a final rule to exclude community banks from the Volcker Rule.
-
Article
Florida man sentenced for role in collapse of Puerto Rico bank
The CEO of a now-bankrupt pharmaceutical company was sentenced to 30 years in prison for his role in a $100 million plot that triggered Westernbank of Puerto Rico’s collapse.
-
Article
Lyft names chief accounting officer
Rideshare service Lyft announced the appointment of Lisa Blackwood-Kapral as chief accounting officer.
-
Article
AXA hires chief risk officer from Goldman Sachs
French insurance giant AXA announced the appointment of Renaud Guidée as group chief risk officer, effective September 2019.
-
Article
Volvo CE appoints general counsel
Volvo Construction Equipment has appointed Nina Aresund as senior vice president and general counsel to replace longstanding SVP Legal Edvard Carleson.
-
Article
Cloudvirga names chief legal and compliance officer
FinTech firm Cloudvirga announced the appointment of Maria Moskver as chief legal and compliance officer.
-
Article
Embattled Danske hires HSBC compliance head
Danske Bank, embroiled in a substantial money laundering scandal, has added to its compliance team with the appointment of Simon Kingsbury as head of surveillance & investigation.
-
ArticleFASB seeks comment on how to sort out goodwill issues
FASB is looking for input on how to address ongoing problems in the reporting of certain intangible assets, especially goodwill.