Appointment Blogs | Compliance Week – Page 212
-
Blog
Chubb Launches Cyber-Incident Response Partnership With Crawford & Company
Property and casualty insurance company Chubb this week announced the launch of a new partnership with claims and crisis management provider Crawford & Company, as Chubb continues to invest in building its cyber enterprise risk management capabilities.
-
Blog
Barclays Names Chief Risk Officer
Barclays has appointed C.S. Venkatakrishnan as chief risk officer, effective in May 2016. He will join the executive committee of Barclays and report directly to the Group Chief Executive Jes Staley.
-
Blog
Commonwealth Bank of Australia Chief Risk Officer to Retire
Commonwealth Bank of Australia has announced that Alden Toevs, who was appointed group chief risk officer in 2008, has given notice of his intention to retire from the role at the end of the 2016 financial year.
-
Blog
RSA Names Chief Risk Officer for U.K. and Western Europe
Insurance company RSA has appointed Doug Stewart to the new role of chief risk officer for the U.K. and Western Europe. He will join the company on March 1 as part of the U.K. and executive team, reporting to William McDonnell, RSA group chief risk officer.
-
Blog
What Will Wal-Mart Wrought?
Please forgive the mixed tenses in the title but I have been thinking about what the Wal-Mart anti-corruption matter might mean at the end of the day.
-
Blog
Dawn Bennett Refuses to Attend 'Kangaroo' AP, SEC Proceeds Without Her
Yesterday, a financial advisor who is the respondent in an SEC administrative proceeding announced that she is employing a new tactic to challenge the SEC's controversial in-house court: refusing to attend.
-
Blog
IIA Offers Latest Intelligence on Outsourcing Functions
As talent and staffing challenges persist for the internal audit profession, 43 percent of public companies other than those in financial services reached outside the organization for help, according to the latest data from the Institute of Internal Auditors. Financial institutions, public and private alike, make the greatest use of ...
-
Blog
Where Audits Go Awry, Internal Control Audit is Faulty Too, Analysis Shows
Image: Big 4 firms exhibited problems in 35 percent of all audit engagements inspected in 2014, and a whopping 84 percent of those deficient audits involved problems with internal control over financial reporting, according to an analysis by Dan Goelzer, a former member and acting chair of the PCAOB. The ...
-
Blog
PwC and LRN Forge Strategic Relationship to Elevate Corporate Values
PwC and LRN have announced a long-term strategic relationship to better help organizations elevate behavior, define and scale their values. Together, the PwC network of firms and LRN will develop innovative solutions in governance, culture and leadership, and in areas such as strategy, talent, forensic investigations, enterprise risk management, and ...
-
Blog
ISS Updates Guidance on Executive Compensation Policies
Leading proxy adviser ISS has updated guidance, in the form of “frequently asked questions,” regarding its approach to executive compensation policies. The document is intended as a general discussion about the way ISS will analyze certain issues in the context of preparing proxy analyses and determining vote recommendations for U.S. ...
-
Blog
February 1 Deadline for Data Transfer Clarity
February 1 is a date that all U.S. and EU compliance practitioners need to circle. It’s the deadline for the U.S. Department of Commerce and the European Commission to reach a deal regarding the transfer of data from EU countries to the United States. As of now, the two still ...
-
Blog
Five LIBOR Defendants Acquitted
A jury at Southwark Crown Court has found five individuals not guilty of conspiracy to defraud in connection with the U.K. Serious Fraud Office’s ongoing criminal investigation into the manipulation of LIBOR. The SFO alleged that all six conspired with Tom Hayes, who was convicted after trial and sentenced last ...
-
Blog2015 Corruption Perceptions Index Shows Improved Scores
More countries’ corruption scores improved, according to Transparency International’s 2015 Corruption Perceptions Index, rather than declined. That’s the good news. The bad news: Corruption, overall, is still rife globally. Brazil, Libya, Spain, and Turkey are just a few countries that fared worse than last year. More results inside.
-
Blog
Treasury and Commerce Further Amend Cuba Sanctions Regulations
The Department of the Treasury’s Office of Foreign Assets Control and the Department of Commerce’s Bureau of Industry and Security recently published amendments to the Cuban Assets Control Regulations to further implement policy change amendments to the Cuban Assets Control Regulations laid out by the president in December 2014. These ...
-
Blog
Financial Conduct Authority Names New Chief Executive
Image: HM Treasury this week announced the appointment of Andrew Bailey as the new permanent chief executive of the U.K. Financial Conduct Authority for a five-year term. He is expected to take up the role in July 2016. Bailey is currently the deputy governor for Prudential Regulation at the Bank ...
-
Blog
FASB Proposes Changes to Pension Accounting, Disclosures
For companies that still carry defined benefit pension plans, FASB is proposing an update to accounting standards to require companies to separate the service cost from other components of the net benefit cost for purposes of presenting it in financial statements. The proposal outlines specific guidance on how to break ...
-
Blog
SEC Extends Comment Period for Extractive Payments Rule
The Securities and Exchange Commission has extended its public comment period for its second attempt at a rule requiring the disclosure of payments made to governments by energy and mining companies for extraction rights. The new deadlines are Feb. 16 for the first round of commentary and March 8 for ...
-
Blog
Pale, Male, and Stale
The call for greater boardroom diversity is not merely a matter of political correctness; it’s a matter of modern business planning, and most of all, a matter of regulatory compliance. And yet, despite the strides being made here, there is still much more ground to cover, and progress seems to ...
-
Blog
FTI Technology Launches Analytics Software Platform
FTI Consulting, a global business advisory firm, today announced the launch of Radiane, a new visual analytics software platform that enables organizations to dynamically investigate and understand their enterprise data. Developed by FTI Consulting’s Technology segment, Radiance is now available either as a cloud-based service or as a rapid deployment ...
-
Blog
Hains Celestial Chief Accounting Officer Joins Multi Packaging Solutions
Multi Packaging Solutions, a print and packaging solutions provider, has appointed Ross Weiner as vice president of finance and chief accounting officer, effective Feb. 15. As Compliance Week previously reported, Weiner joins Multi Packaging Solutions from the Hain Celestial Group, where he was serving in a similar role.