Articles | Compliance Week – Page 275

Article

In a heated campaign season, don’t forget about compliance

2016-09-20T13:00:00Z

Joe Mont takes a look at the campaign trail and the tendency for companies to get political at their own peril, as avoiding regulatory and reputational risk requires policies and audits to ensure compliance with a panoply of federal and state laws.

Article

SFO investigates Airbus for fraud, bribery, and corruption

2016-09-20T12:30:00Z

Five years after the Bribery Act, the Serious Fraud Office has yet to produce a major conviction. Will Airbus—the latest aerospace company under investigation—be its first big collar? Neil Hodge reports.

Article

FASB adopts eight new cash flow classification rules

2016-09-20T10:15:00Z

After years of nebulous guidance around three major issues of cash flow statements—operating, investing, and financing—FASB is making major clarifications. Tammy Whitehouse reports.

Article

Extractive payments rule creates FCPA pitfalls for petroleum and mining companies

2016-09-20T10:00:00Z

Energy and mining companies will need to take extra care to comply with updated SEC requirements involving disclosures on payments made to foreign companies. Jaclyn Jaeger has more.

Article

State of Compliance 2016: Aligning compliance with business strategy

2016-09-20T09:45:00Z

A new study by PwC notes that compliance programs work best when they are deeply integrated with an organization’s overall business strategy, reports Jaclyn Jaeger.

Article

The many compliance lessons of Wells Fargo

2016-09-20T09:15:00Z

What should compliance officers take away from Wells Fargo employees secretly opening unauthorized deposit and credit card accounts for their customers? Joe Mont looks at the important lessons.

Article

Steve Naughton: Evolving with the profession

2016-09-13T14:15:00Z

Steve Naughton has held high-profile compliance and ethics jobs at Pepsi and Kimberly-Clark. As he moves onto a new challenge, he reflects upon a career that has continually evolved and the changing corporate mindset regarding compliance.

Article

Brexit uncertainty forcing review of supply chains

2016-09-13T13:30:00Z

Jaclyn Jaeger looks at the results of a recent survey from the Institute of Supply Chain Management to answer whether supply chain executives fear Brexit will have a negative financial effect on their companies.

Article

Compliance clauses can keep third parties in line, regulators at bay

2016-09-13T13:15:00Z

Even small companies have gone global and rely on a broad network of business partners. Those relationships, however, bring with them risks and potential regulatory hazards. Joe Mont discusses adding compliance and ethics clauses to contracts as a baseline for any third-party relationship.

Article

Debate over CFPB’s arbitration rule intensifies in comment letters

2016-09-13T12:30:00Z

The CFPB has received some 13,000 comments in a fierce debate over its proposed rule to limit the use of binding arbitration for resolving disputes associated with financial products. Joe Mont explores.

Article

U.K. FCA issues strong new financial crime reporting rules

2016-09-13T11:30:00Z

Taking issue with numerous reports that London is an ideal environment for money laundering and other financial crimes, the city is fighting back, writes Neil Hodge.

Article

Audit committees: Here’s your wake-up call on auditor independence

2016-09-13T11:15:00Z

Recent legal spats should alert public companies that they need to decide for themselves whether their audit is being delivered by a truly independent auditor. Tammy Whitehouse has more.

Article

I’m alright, Jack: worker representation on boards

2016-09-13T11:00:00Z

As new U.K. Prime Minister Theresa May has recommended worker representation on company boards, the question arises: Would this be better handled by promoting voluntary adoption, or by setting legal requirements? Paul Hodgson reports.

Article

Federal contractors brace for insider threat rule

2016-09-13T09:00:00Z

A new Department of Defense rule requires contractors to detect, deter, and mitigate insider threats. But how they should achieve that leaves plenty of gray areas, which does not sit well with contractors. Jaclyn Jaeger reports.

Article

Companies make early progress in adopting revenue recognition

2016-09-07T13:15:00Z

As summer slips away, it appears many companies used the time wisely to make some progress in adopting the new revenue recognition accounting standard. Tammy Whitehouse has more.

Article

How data analytics is changing the face of compliance

2016-09-07T12:30:00Z

Compliance and risk officers are increasingly using data analytics to prevent and detect bribery and corruption risk, as well as enjoy cost and operational efficiencies. Jaclyn Jaeger explores.

Article

European Medicines Agency issues data integrity guidance

2016-09-07T12:15:00Z

The pharmaceutical industry faces fresh regulatory pressure around the world over data integrity issues, reports Jaclyn Jaeger, particularly involving clinical trials.

Article

Post-Brexit, is the sky falling in the U.K., or is it business as usual?

2016-09-07T11:00:00Z

A mix of positive and negative indicators signal an uncertain economic impact for the U.K. from its June 23 Brexit vote, but the longer-term view still trends negative. Paul Hodgson reports.

Article

U.K. boardrooms still ‘pale, male, and stale’

2016-09-07T11:00:00Z

Across the United Kingdom and Europe, gender diversity requirements often go unmet, keeping boardrooms across the continent the same old boys’ club. Neil Hodge has more.

Article

CCOs struggle to keep up with evolving insider-trading legal standards

2016-09-07T10:30:00Z

A year after the landmark U.S. v. Newman insider-trading case, federal prosecutors are getting more creative in an evolving legal landscape that creates fresh pitfalls for CCOs and legal counsel. Jaclyn Jaeger has more.