Appointment Blogs | Compliance Week – Page 149
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Celanese names general counsel
Celanese, a global technology and specialty materials company, announced last month the appointment of Peter Edwards as general counsel, effective as of the end of January.
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Tembec appoints new director
Tembec, a Canada-based forest products company, has named Pierre Gignac to its board of directors. Gignac will assume the seat of Michel Dumas who remains Tembec's executive vice president, finance and chief financial officer.
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Astellas names general counsel
Pharmaceutical company Astellas announced the promotion of Linda Friedman as executive vice president, general counsel, with responsibility for the company's legal operations worldwide, effective April 1.
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Toys 'R' Us names general counsel
Toys “R” Us, a toy and baby products retail company, has hired Cornell Boggs as executive vice president and general counsel, effective Feb. 15. He will report directly to Chairman and CEO Dave Brandon.
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Cobalt: Justice Department drops FCPA probe
Title: Cobalt: Justice Department droCobalt International Energy said the Department of Justice does not intend to recommend any enforcement action after looking into potential violations of the Foreign Corrupt Practices Act related to Cobalt's operations in Angola. The SEC reached a similar conclusion last year when it closed its investigation. ...
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EY Indonesia firm settles $1 million action with PCAOB
U.S. audit regulators have settled a $1 million action with an EY affiliate in Indonesia over allegations of audit failure and noncooperation.
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Lawsuit challenges President’s ‘one-in, two-out’ Executive Order
Consumer, environmental and worker advocacy groups joined forces to sue the Trump Administration over an Executive Order that directs federal agencies to repeal two federal regulations for every new rule they issue.
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CPA firms Haskell & White, Katherman Kitts join forces
Haskell & White and Katherman Kitts & Co. have combined their practices, effective as of Feb. 1, and are now operating under the Haskell & White name.
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Wolters Kluwer Tax & Accounting launches TeamMate+
Wolters Kluwer Tax & Accounting recently announced the launch of TeamMate+, an intuitive, easy-to-use audit power tool that delivers a modern and streamlined approach to effective and efficient internal audits.
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Kroll names global cyber-security practice leader
Kroll, a global risk mitigation, compliance, security, and incident response solutions firm, has appointed Jason Smolanoff as senior managing director, global cyber-security practice leader. Smolanoff brings to Kroll more than 16 years of federal law enforcement and information security experience.
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Risk alert spotlights exam pitfalls for investment advisers
The SEC’s Office of Compliance Inspections and Examinations has issued a risk alert that details the most prevalent compliance miscues identified in its examinations of investment advisers
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Second company adopts revenue rule in 2017, this time at a loss
Another aerospace company has early adopted the new revenue recognition standard, and this one says the new accounting will reduced in its reported revenue.
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SEC seeks compliance horror stories about pay ratio rule
Acting SEC Chairman Michael Piwowar has announced that the pay ratio rule, described as triggering “unanticipated compliance difficulties,” is under formal reconsideration.
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Deconstructing modern slavery
A recent webinar on modern slavery in the construction industry revealed that most organizations remain unprepared for the risk. Paul Hodgson has a full recap.
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FTI Consulting launches Microsoft Office 365 legal and regulatory data services
FTI Technology, the technology segment of FTI Consulting, has teamed with Microsoft to provide data governance and discovery consulting and services for Microsoft Office 365 users. FTI Technology assists companies with a broad range of needs around Office 365 usage to ensure legal and regulatory activities remain cost-effective and defensible.
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First engagement partner names emerging via new PCAOB rule
The earliest Form AP filings by audit firms are providing a first glimpse into who is overseeing and signing off on audit reports for public companies. Tammy Whitehouse has more.
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LockPath enhances reporting in Keylight 4.6
LockPath, a provider of governance, risk management, and compliance solutions, has announced significant enhancements to its Keylight Platform. In version 4.6 of Keylight, LockPath adds a new streamlined design to the platform to provide more reporting options and to create greater visibility for the company’s customers.
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Trump targets FSOC, reviews ‘fiduciary duty’ rule
President Donald Trump’s regulatory rollback will include an FSOC review of financial rules and a review of the Labor Department’s “fiduciary duty” rule that could ultimately lead to its demise. Joe Mont explores.
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Massive fraud at BT Italia—the work of a few rogue employees?
The BT Italia scandal involved failures at all three levels of defense in the fraud arena: management, internal audit, and outside auditors. The Man From FCPA Tom Fox explores.
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Brazil’s once wealthiest man arrested in continued Car Wash fallout
Tom Fox has the details on the arrest of Eike Batista, once the wealthiest man in Brazil, who stands accused of paying significant bribes to the former governor of Rio de Janeiro state as part of the country’s landmark investigation into bid-rigging at state-controlled oil company Petrobras.