Articles | Compliance Week – Page 69
-
Article
SEC offers guidance on climate change disclosure shortcomings
A sample letter released by the Securities and Exchange Commission this week lays out common mistakes firms make with their climate change disclosures.
-
Article
Biden’s pick to head OCC favors tighter regulation of FinTech
President Joe Biden’s nominee for Comptroller of the Currency, Cornell law professor Saule Omarova, continues a Democratic pattern of choosing potential regulators who believe in stricter control of the markets.
-
Article
SEC issues top-10 whistleblower award at $36M
With the end of a record fiscal year around the corner, the Securities and Exchange Commission issued yet another top-10 whistleblower award at approximately $36 million.
-
Article
Red flags ignored in WPP $19M FCPA settlement
Global advertising giant WPP reached a more than $19 million settlement with the SEC to resolve charges of violating the anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act.
-
Article
SEC brings first-ever actions enforcing 2016 municipal advisor rule
The Securities and Exchange Commission charged Choice Advisors and two of its principals in its first enforcement actions under a non-solicitor municipal advisors rule that took effect in 2016.
-
Article
PCAOB penalizes EY partners for Synchronoss audit deficiencies
The PCAOB fined two EY partners for “failing to perform adequate procedures and obtain sufficient evidence” in connection with the Big Four firm’s audit of New Jersey software company Synchronoss Technologies.
-
Article
Anti-corruption leaders share upsides of remote compliance program
COVID-19 has altered how companies operate their anti-corruption compliance programs, but not necessarily for the worse, according to experts from PepsiCo and Cook Group who shared their experiences at a recent Diligent virtual summit.
-
Article
Fed Chair Powell: Wells Fargo asset cap will remain in place
Federal Reserve Chair Jerome Powell said Wells Fargo’s asset cap will remain in place until the bank has “comprehensively” fixed its governance and compliance deficiencies.
-
Article
CMA’s Green Claims Code latest effort in greenwashing crackdown
Companies have until the end of the year to stop making misleading claims about the green credentials of their products and services or face regulatory action, the U.K. Competition and Markets Authority has warned.
-
Article
Former Cigna CCO joins Berkeley Research Group
Consultant Berkeley Research Group announced the hiring of former Cigna Global Chief Compliance Officer Tom O’Neil to be a managing director in its Health Analytics practice.
-
Article
ESG survey: Measure, monitor, and enhance your strategy
A Compliance Week and Fulcrum survey of more than 200 compliance, audit, legal, and finance executives worldwide revealed support for ESG initiatives, but uncertainty about how to monitor progress and measure results.
-
Article
Big Four mishaps in U.K. underscore need to challenge auditors
Companies should question their auditors throughout the audit process, particularly in the wake of a spate of recent enforcement actions in the United Kingdom targeting the Big Four and other large firms for audit deficiencies.
-
Article
The Hartford names chief ethics and compliance officer
The Hartford has appointed Charlene Ridgeway as chief ethics and compliance officer. She takes over the role from Colleen Pernerewski, who was appointed deputy general counsel and head of business law.
-
Article
T-Mobile US recruits general counsel
Telecommunications giant T-Mobile US announced Mark Nelson will join the company as executive vice president and general counsel.
-
Article
Ex-Cognizant CECO returns to Morgan Lewis
Law firm Morgan Lewis announced the return of former Cognizant Chief Ethics and Compliance Officer Amy Schuh as a partner resident in Philadelphia.
-
Article
Analog Devices appoints chief legal officer
Semiconductor manufacturer Analog Devices announced the appointment of Janene Asgeirsson as senior vice president, chief legal officer and corporate secretary.
-
Article
Eiger BioPharmaceuticals adds chief compliance officer
Eiger BioPharmaceuticals announced the appointment of Erik Atkisson as general counsel and chief compliance officer.
-
Article
Treasury sanctions virtual currency exchange as part of ransomware response
The U.S. Department of the Treasury announced “robust actions” to counter ransomware, including blocking the assets of a Russian virtual currency exchange that has facilitated payments for at least eight ransomware variants.
-
Article
Embattled Activision Blizzard confirms SEC subpoenas
Activision Blizzard confirmed the company and several of its current and former employees and executives received subpoenas from the SEC “regarding disclosures on employment matters and related issues.”
-
Article
Aviva promotes within for chief risk officer
U.K. insurer Aviva announced the promotion of Andrea Montague to chief risk officer.