Articles | Compliance Week – Page 232
-
Article
Lessons from Wynn Resorts’ sexual harassment scandal
Companies looking for a case study in how to respond (and how not to respond) when allegations of sexual harassment arise, as well as what corporate governance practices put a company at greater legal risk, should look to Wynn Resorts.
-
Article
Hot and getting hotter in Tesla’s kitchen
The real discussion surrounding Tesla and the recent tweet from CEO Elon Musk is a much-needed debate about boards of directors.
-
Article
Business calls for diplomacy to head off ‘no deal’ Brexit
While the U.K. government is advising companies to prepare for the worst, business groups are urging greater diplomatic efforts to ensure a no-deal Brexit doesn’t come to pass.
-
Article
U.K. government preps for ‘no-deal’ Brexit
The U.K. government has outlined a contingency plan to help companies prepare for a worst-case scenario—the “no-deal” Brexit.
-
Article
Deal or no deal: Companies prep for Brexit
European organizations are focusing on contingency plans in preparation of a possible “no deal” exit from the European Union.
-
Article
Struggling with segment reporting? Relief may be coming
Long a thorn in the side of preparers and regulators alike, segment reporting rules may finally be getting a tune-up designed to make compliance more straightforward.
-
Article
SEC petitions for ‘guidance’ restrictions, enhanced bank disclosures to break out overdraft fees
A recent public rulemaking petition asks the SEC to prohibit guidance that becomes binding and enforceable. A separate petition seeks more detailed revenue breakdowns in banks’ 10-K filings.
-
Article
Trump tweet revives a dilemma: Is quarterly reporting hurting companies?
President Trump has asked the SEC for a plan to “stop quarterly reporting and go to a six-month system.” It revives a longstanding, long-debated argument in the corporate and shareholder communities.
-
Article
EU works to protect firms that invest in Iran from sanction consequences
The European Union has taken steps to protect EU companies from any legal and financial repercussions from investing in Iran as a result of U.S. President Trump’s latest sanctions.
-
Article
What casinos, bitcoin tell us about money laundering
During a pair of recent speeches, the director of the Treasury Department’s Financial Crimes Enforcement Network discussed money laundering issues for—and the need for cooperation from—casinos. Another topic: the regulatory perils of virtual currencies.
-
Article
A peek at the compliance nightmare of a no-deal Brexit
Though it is still unlikely, a look at the compliance implications (and complications) of a no-deal Brexit is enough to make anyone shudder at the thought.
-
Article
Guidance trickles on how to comply with tax reform rules
More than half a year after sweeping tax reform was enacted, companies are still trying to understand how to comply with new tax rules going forward.
-
Article
The many compliance lessons of Tesla
One simple tweet from Tesla’s outspoken founder speaks to volumes of compliance and regulatory concerns.
-
Article
Danske Bank case illustrates poor anti-money laundering practices
There seems to be no end to the AML woes hounding Danske Bank. Most recently, Denmark’s financial crime regulator announced a pending investigation into the beleaguered bank for possible money laundering violations related to its Estonian branch.
-
Article
Foreign deal making, exports face increased scrutiny
New legislation clarifies and strengthens ability of government agencies to review, and potentially block, cross-border deals in the name of national security.
-
Article
Reading the tea leaves of the Market Integrity and Consumer Fraud Task Force
Compliance, risk, and legal professionals that are not already familiar with the new Task Force on Market Integrity and Consumer Fraud should get up to speed, and fast.
-
Article
As technology evolves, so do accounting and finance leaders
A new study from Robert Half and the Financial Executives Research Foundation reveals how evolving technology is rapidly enhancing the accounting and finance functions.
-
Article
Public comments on SEC’s ‘best interest’ rule hit a deadline
The general public, ahead of Tuesday’s deadline for public comment, has offered constructive criticism of the SEC’s Regulation Best Interest.
-
Article
Companies shift gears in final push to adopt lease rules
The countdown to new lease accounting is causing some companies to shift gears, concerned they can’t make the deadline following their original adoption plans.
-
Article
Implementing the FRC’s ‘Guidance on the Strategic Report’
The Financial Reporting Council has published revised guidance addressing strategic reports, aiming to help organizations make such reports more informative and relevant to stakeholders.