Appointment Blogs | Compliance Week – Page 207
-
Blog
Podcast: due diligence in emerging markets
In our latest podcast we discuss due diligence and third party oversight in emerging markets with Kevin Braine, managing director and head of Kroll’s compliance practice in Europe, the Middle East, and Africa. Based in London, Braine is responsible for driving forward the expansion of Kroll’s compliance services throughout the ...
-
Blog
A closer look at the SEC's 'Analysis and Detection Center'
Recent comments by an SEC official about five insider trading cases generated from the Enforcement Division's "Analysis and Detection Center" over the last year generated some questions in the blogosphere. Now Enforcement Action has some answers!
-
Blog
Congressional report: SEC, DoL at odds on fiduciary duty rule
Among the most hotly contested rules currently in the regulatory pipeline are efforts to create a fiduciary duty for brokers who offer retirement advice. Rules to do so are currently being crafted by both the Department of Labor and SEC, with the former poised to enact its final rule, the ...
-
BlogFASB publishes final lease accounting standard
Image: Marking another milestone in accounting history, the Financial Accounting Standards Board has published its final standard requiring all companies that lease any kind of asset—from real estate to heavy equipment to office copiers—to recognize leased property as an asset they have a right to use and a liability that ...
-
Blog
Rep. Garrett 'distressed' by SEC's faith in AP process
At a recent conference, an SEC official defended the agency's use of administrative proceedings and flatly dismissed the notion that the SEC was using APs in order to gain a “home court advantage.” Rep. Scott Garrett didn't like that one bit.
-
Blog
U.S., EU will negotiate insurance regulation pact
A bilateral agreement on insurance and reinsurance regulations between the United States and European Union is another step closer to reality. On Tuesday, a statement from the U.S. Treasury Department and the Office of the U.S. Trade Representative announced plans to begin negotiating a covered agreement and regulatory framework with ...
-
Blog
Under Single Resolution Mechanism, EU banks get bail-in
The European Union’s Single Resolution Mechanism (SRM), part of a larger post-financial crisis initiative known as the Bank Recovery and Resolution Drive (BRRD), has recently received further implementation. The advancement of SRM means that banks must have recovery plans, but EU-level authorities can intervene if they sense a bank is ...
-
Blog
Fighting corruption in the light of day
Image: FIFA isn’t the only major sporting organization with corruption problems. The United States Tennis Association has created a problem for itself by allowing an umpire, who was suspended for corruption, to continue to officiate at the 2015 U.S. Open. Inside, CW’s corruption blogger Tom Fox examines USTA’s reasoning behind ...
-
Blog
COSO ERM update will seek to elevate risk discussions
Image: When COSO unveils the draft update to its Enterprise Risk Management framework (possibly by late April), it will propose companies take risk considerations to the highest level in an entity’s strategy-setting and decision-making processes. The framework update exercise is expected to advance the idea, says COSO Chairman Robert Hirth, ...
-
Blog
The compliance program as an internal control
Do compliance programs make a difference? Post-mortem reviews of compliance failures typically raise the question as to whether the cause of the failure is due to a rogue bad actor or a failure in controls. It may be both; a lack of compliance controls allowed or even enabled the rogue ...
-
Blog
FinCEN withdraws three findings and proposed rulemakings under PATRIOT Act
The Financial Crimes Enforcement Network this week said it is withdrawing three findings and related proposed rulemakings under Section 311 of the USA PATRIOT Act, after having determined that the subjects of the rulemakings no longer pose a money laundering threat to the U.S. financial system.
-
Blog
Pentana 4.2 released with web interface and enhanced risk intelligence
Information management software developer, Ideagen, has launched the latest version of its audit software Pentana. Pentana 4.2 brings with it a series of functional enhancements that will increase intelligence of emerging risks as well as improve the flexibility of the system and enhance overall user experience.
-
Blog
Skullcandy selects Icertis to streamline contract management in the cloud
Icertis, a provider of contract lifecycle management in the Cloud, this month announced that Skullcandy, a lifestyle audio company, has selected the Icertis Contract Management (ICM) platform to systematically manage its contract operations.
-
Blog
Broadridge expands analytics capabilities across Europe
Broadridge Financial Solutions this month announced that it has enhanced its corporate governance solution offering in Europe by taking a minority stake and entering into an exclusive distribution and marketing alliance with AMA Partners. AMA is a Netherlands-based firm and provider of DirectorInsight, an analytics platform that offers data and ...
-
Blog
Capria Solutions launches LogicGate
Capria Solutions, a provider of business automation software, this month announced the launch of LogicGate, a business process management platform that enables the rapid creation and customization of business applications by non-technical users. The software allows employees to automate common tasks and build repeatable processes so they can focus on ...
-
Blog
Vera and RFA partner to improve data security for hedge funds and asset managers
Vera and RFA (Richard Fleischman and Associates), a financial private cloud provider for the asset management community, this month announced a partnership that will make Vera’s advanced data security technology available to hedge funds, private equity firms, and asset managers in the United States, the United Kingdom, and beyond.
-
Blog
Lawyers see varied approaches to related-party rule
Image: Attorneys at law firm Dorsey observing compliance with the new audit standard on related-party transactions say they are seeing some companies being asked to make no changes to their controls and procedures while others face new audit demands to expand their questionnaires to directors and officers. “The required changes ...
-
Blog
When are campaign contributions FCPA violations?
A recent article in the Financial Times by Simon Kuper, titled “How to buy a foreign election” reminded me that the FCPA specifically makes illegal more than simply bribing a foreign government official or some employed by a state owned enterprise to secure an improper advantage. The FCPA also makes ...
-
Blog
Blind moviegoers file suit for being left in the dark
It’s the kind of legal case that causes groans across social media these days: a group of blind moviegoers sue AMC theatres for discrimination because it failed to accommodate the moviegoers’ special needs. On the surface, the lawsuit might seem ridiculous, but when you take a closer look, there is ...
-
Blog
Scripps Networks Interactive appoints chief ethics and compliance officer
Media Company Scripps Networks Interactive has named David Arroyo to the newly established position of chief ethics and compliance officer. In this role, Arroyo will guide the company’s adherence to all applicable laws and regulations worldwide, including oversight of the company’s Code of Ethics, policies and reporting tools.