All Compliance Week articles in Web Issue – Page 565

  • Blog

    SEC’s investor advocate details 2017 priorities

    2016-12-22T15:15:00Z

    With a focus on disclosure, corporate governance, and exchange listing standards, the SEC’s Office of the Investor Advocate has unveiled its work plan for 2017. Joe Mont has further details.

  • Blog

    FASB makes "minor, minor, minor" changes to revenue recognition

    2016-12-22T14:30:00Z

    FASB has issued the last batch of intended changes to clarify or correct various points raised in the new revenue recognition accounting requirements.

  • Blog

    U.S., U.K. and German law firms team up to help whistleblowers

    2016-12-22T13:45:00Z

    New York law firm Meissner & Associates and two European law firms—Naegele and London-based Brahams Dutt Badrick French—have teamed up to launch a first-of-its-kind collaborative platform to help Europeans call out financial wrongdoing and benefit from U.S. whistleblower laws.

  • Blog

    Cordium names VP of cyber-security and data protection services

    2016-12-22T13:30:00Z

    Cordium, a GRC services provider to financial and professional services firms, has appointed Richard Hudson as vice president of its cyber-security and data protection consulting services.

  • Blog

    Grapevine: Who’s coming and going in compliance

    2016-12-22T13:30:00Z

    In response to investor criticism that it did not respond fast enough to an E. coli outbreak last year, fast-food chain Chipotle has named four new members to its board of directors, giving its largest investor a seat on the board; In other news, Comprehensive Health has named a new ...

  • Blog

    Resilient helps companies respond to cyber-attacks

    2016-12-22T13:15:00Z

    Resilient, an IBM company, released the industry’s first Dynamic Playbook for ransomware, aimed at helping organizations globally respond effectively to this growing type of cyber-attack.

  • Blog

    Rockwell Automation names general counsel and secretary

    2016-12-22T13:00:00Z

    Rockwell Automation has named Rebecca House senior vice president, general counsel and secretary, effective Jan. 3, 2017. She will report to Blake Moret, president and chief executive officer.

  • Blog

    Manulife appoints general counsel

    2016-12-22T13:00:00Z

    Manulife, an international financial services company, has appointed James Gallagher as general counsel, effective immediately. Gallagher has been serving as interim general counsel since Oct. 20.

  • Blog

    Teva to pay $519M to settle FCPA charges

    2016-12-22T12:30:00Z

    Teva Pharmaceutical Industries will pay $519 million to settle charges that it violated the FCPA; while global construction company Odebrecht and petrochemical company Braskem (both based in Brazil) will pay a combined penalty of $3.5 billion to settle the largest foreign bribery case in history. Jaclyn Jaeger reports.

  • Blog

    Odebrecht, Braskem to pay record $3.5B in global bribery case

    2016-12-22T12:15:00Z

    Global construction company Odebrecht, based in Brazil, and Brazilian petrochemical company Braskem pleaded guilty yesterday and agreed to pay a combined total penalty of at least $3.5 billion—the largest foreign bribery case in history, according to the U.S. Department of Justice. Jaclyn Jaeger has more.

  • Blog

    Trump adds Icahn as a regulatory hatchet man

    2016-12-22T12:00:00Z

    President-elect Donald Trump has added investor activist Carl Icahn to his transition team as a special adviser on issues relating to regulatory reform. Joe Mont has more.

  • Article

    EC takes action against 7 member states for failing to penalise VW

    2016-12-22T11:00:00Z

    Germany, Luxembourg, Spain, the United Kingdom, Greece, Lithuania, and the Czech Republic are all the latest fallout victims from VW’s Dieselgate, writes Neil Hodge.

  • Blog

    NY delays cyber-security rules for banks, will revise requirements

    2016-12-22T10:45:00Z

    New York’s Department of Financial Services has delayed implementation of its new cyber-security rules for banks and plans to announce changes to the requirements next week. Joe Mont explores.

  • Blog

    Some plan to dig into leases in 2017, some not so much

    2016-12-22T07:45:00Z

    The latest poll on big accounting change says some companies are making plans to devote time in 2017 to the new requirements around lease accounting, according to Tammy Whitehouse.

  • Blog

    Unisys Stealth helps companies fight cyber-crime

    2016-12-21T14:30:00Z

    Unisys, a global information technology company, has announced the launch of Stealth(aware), a new Unisys Stealth software application that helps companies in the fight against cyber-crime.

  • Blog

    New senior managing director joins Ankura

    2016-12-21T14:30:00Z

    Ankura Consulting Group, a business advisory and expert services firm, has appointed Steven Richards as senior managing director. Based in the firm’s Washington, D.C. office, Richards will practice within Ankura’s Investigations & Accounting Advisory group.

  • Blog

    SEC charges two companies in whistleblower cases

    2016-12-21T11:15:00Z

    For the first time ever, the SEC yesterday charged a company for retaliating against an internal whistleblower. It also marks the second enforcement action this week against a company that impeded an employee from communicating with the SEC. Jaclyn Jaeger reports.

  • Blog

    Forest Labs to pay $38M for False Claims Act violations

    2016-12-21T11:00:00Z

    Forest Laboratories and its subsidiary, Forest Pharmaceuticals, have agreed to pay $38 million to resolve allegations that they violated the False Claims Act by paying kickbacks to induce physicians to prescribe its drugs. Jaclyn Jaeger has more.

  • WornOutExecNewsletter
    Article

    Are companies ‘grieving’ over new revenue recognition rules?

    2016-12-20T13:45:00Z

    Maybe it’s a collective sense of grieving that is keeping so many companies on the sidelines as big accounting change looms over revenue recognition. Tammy Whitehouse reports.

  • Blog

    AICPA objects to naming partners on benefit plan audits

    2016-12-20T13:30:00Z

    The accounting profession is objecting to proposed changes to employee benefit plan reporting, especially requiring the name of the engagement partner on plan audits. More from Tammy Whitehouse.