All Compliance Week articles in Web Issue – Page 591

  • Blog

    Will new lease accounting lead to less leasing?

    2016-08-26T16:45:00Z

    Accounting experts are beginning to discuss whether companies might change their leasing strategies when they are required to add leases to balance sheets. Tammy Whitehouse reports.

  • Blog

    Theresa May: unexpected champion of employee board members

    2016-08-26T13:45:00Z

    British Prime Minister Theresa May surprised everyone when she pledged to push for the installation of workers to company boards. But how will she actually accomplish that goal, ask Stephen Davis and Jon Lukomnik. And will other nations follow the U.K.’s lead?

  • Blog

    Must-read: Fortune's 'Overturned--The Hedge Fund Trader Who Beat the Feds'

    2016-08-26T13:15:00Z

    The September 1, 2016 issue of Fortune has a terrific article detailing the legal saga of former hedge fund manager Todd Newman, the defendant in a hugely important insider trading decision that has had a major impact on how prosecutors and the SEC pursue such cases.

  • Blog

    Private companies next up for governance revolution

    2016-08-26T12:15:00Z

    Paul Hodgson explores the Institute of Directors reissuance of its governance guidance for private companies, with updated references to the OECD governance principles and the Bribery Act. Oliver Parry, IoD’s Head of Corporate Governance, warns: “You can ignore it, but we are telling most private businesses that they need to ...

  • Blog

    IFAC calls on G-20 to support international standards

    2016-08-26T08:30:00Z

    The International Federation of Accountants is pitching the G-20 to make a plug for international accounting and auditing standards when they meet in September. Tammy Whitehouse reports.

  • Blog

    FinCEN wants to extend AML programs to all banks

    2016-08-25T17:00:00Z

    Banks lacking a Federal functional regulator have been hit with proposed rules by the Treasury Department’s Financial Crimes Enforcement Network that would require them to implement anti-money laundering programs. Joe Mont has more.

  • Blog

    SEC expands disclosure demands for investment advisers

    2016-08-25T16:30:00Z

    With amendments to Form ADV, the SEC is requiring investment advisers to disclose additional information, so the Commission can get a better understanding of the risk profile of each adviser and the industry as a whole. Joe Mont reports.

  • Blog

    Liberty Global appoints chief accounting officer

    2016-08-25T16:00:00Z

    Liberty Global, a global telecommunications company, has appointed Jason Waldron as chief accounting officer. He will report to Charlie Bracken, who will assume the role of chief financial officer on Jan. 1, 2017.

  • Blog

    Callon Petroleum names chief accounting officer

    2016-08-25T15:45:00Z

    Callon Petroleum, an independent energy company, has appointed Mitzi Conn to the newly created position of vice president and chief accounting officer. She will report to President and Chief Financial Officer Joseph Gatto.

  • FugitiveExec
    Blog

    10 years later, fugitive CEO pleads guilty to options backdating

    2016-08-25T14:00:00Z

    Although the days of “options backdating” prosecutions are long past, the case against former Comverse Technology CEO Jacob Alexander, a fugitive in Namibia since 2006, ended just this week with his appearance before an unsympathetic federal judge. Bruce Carton has more.

  • Blog

    FSOC vs. MetLife legal battle resumes in October

    2016-08-25T12:45:00Z

    Round two of the fight between insurance giant MetLife and the government over its status as a systemically important financial institution heads to the U.S. Court of Appeals for the D.C. Circuit on Oct. 24 for oral arguments. Joe Mont reports.

  • Blog

    Deloitte poll: Panama Papers will cause financial crime enforcement to spike

    2016-08-25T10:30:00Z

    As the Panama Papers saga continues to unfold, global enforcement of financial crimes are expected to spike over the next year, according to a recent poll conducted by Deloitte Advisory. Jaclyn Jaeger reports.

  • Blog

    Apollo to pay $52.7 million for disclosure and supervisory failures

    2016-08-25T09:45:00Z

    Four private equity fund advisers affiliated with Apollo Global Management agreed to a $52.7 million settlement with the Securities and Exchange Commission for misleading fund investors about fees and a loan agreement and failing to supervise a senior partner who charged personal expenses to the funds. Jaclyn Jaeger reports.

  • Event

    The Private Investment Fund Operations and Compliance Forum

    2016-08-25T07:00:00Z 2016-08-26T21:00:00Z Provided by

    Marine's Memorial ClubSan Francisco, CA 94102United States

  • LIBORBankDollarSign
    Article

    Barclays bank reaches $100m U.S. settlement over LIBOR rigging scandal

    2016-08-24T09:45:00Z

    A long-running investigation by the State of New York into Barclays’ manipulation of LIBOR rates before the 2008 financial crisis finally draws to a close. Neil Hodge reports.

  • Blog

    Congress presses Treasury for relief on Section 385 proposal

    2016-08-24T08:00:00Z

    Ranking Republicans are pressing the U.S. Treasury to rework its fast-tracked, inversion-attacking proposal that would assign debt treatment to common corporate transactions. Tammy Whitehouse has more.

  • Blog

    Will VW impact international settlements for bribery and corruption?

    2016-08-24T03:30:00Z

    The Man From FCPA Tom Fox explores the fallout from VW’s emissions-testing scandal and how the company will make restitution going forward to its customers, dealers, and other stakeholders.

  • Blog

    CONCACAF appoints chief compliance officer

    2016-08-23T15:00:00Z

    The Confederation of North, Central America, and Caribbean Association Football (CONCACAF) has hired Guilherme Carvalho as chief legal and chief compliance officer, effective Aug. 23. The newly created position is part of a broader effort by CONCACAF to strengthen its governance, management, and operations in the wake of the ongoing ...

  • Blog

    Mega Bank fined $180 million for AML violations

    2016-08-23T13:45:00Z

    The New York Department of Financial Services has ordered Mega International Commercial Bank of Taiwan to pay a $180 million penalty and install an independent monitor for violating New York’s anti-money laundering laws. Jaclyn Jaeger reports.

  • Article

    As SOX costs persist, companies automate more controls

    2016-08-23T12:00:00Z

    To cope with cost increases and ongoing audit demands, companies are turning to technology to automate more of their SOX internal control. Tammy Whitehouse explores further.