All Compliance Week articles in Web Issue – Page 596

  • Blog

    Monitoring corporate culture

    2016-08-03T10:15:00Z

    A recent report from the Financial Reporting Council offers guidance to board chairmen on how to promote corporate culture. The report advises boards to align values, exercise steardship, and demonstrate leadership, among other steps. Paul Hodgson provides an in-depth look.

  • Blog

    Retailer pushes back on Delaware unclaimed property audit

    2016-08-03T09:00:00Z

    Office Depot is taking on the state of Delaware over its unclaimed property audit tactics, asking the U.S. District Court in Delaware to declare that the state’s unclaimed property law violates federal law and the U.S. Constitution. Tammy Whitehouse reports.

  • Blog

    The hidden key to a good buyback plan: communication

    2016-08-02T15:30:00Z

    It’s fashionable to slam stock buyback plans, but does it really have to be that way? Stephen Davis & Jon Lukomnik look into why buybacks are so heavily criticized and what directors need to do to make a better case for them.

  • Blog

    6 more ‘C’mon, man!’ moments

    2016-08-02T15:30:00Z

    Regular followers of CW columnist Richard Steinberg will recognize his ‘C’mon, man, moments’—those peculiar business world goofs that leave us all perplexed. From overboarding to outlandish expense reporting, enjoy this latest installment.

  • Article

    Strength through diversity: Q&A with Maria Castañón Moats

    2016-08-02T15:15:00Z

    The former chief diversity officer for PwC is now the leader of the firm’s U.S. assurance practice. With her strong background and bright future, what does Maria Castañón Moats have in store? Tammy Whitehouse has the answers.

  • Article

    Canadian securities regulators disagree on whistleblower incentives

    2016-08-02T13:00:00Z

    Following the Securities and Exchange Commission’s lead, Canadian securities regulators have launched two very different whistleblower programs—one provides a bounty, the other does not—which creates new legal risks for companies. Jaclyn Jaeger reports.

  • Article

    Australia brings first criminal cartel prosecution

    2016-08-02T12:00:00Z

    As Australia gets serious about enforcing its antitrust regulations, multinationals operating in the country are learning the hard way that the line between being considered a monopoly and a criminal cartel is surprisingly thin. Jaclyn Jaeger has more.

  • Article

    Rise of the machines: how artificial intelligence could revolutionize compliance

    2016-08-02T11:15:00Z

    It may sound futuristic, but “thinking machines” are poised to revolutionize compliance. Artificial intelligence, proponents say, can take care of grunt work, freeing audit and compliance professionals to focus on matters that befit their skills. Advanced automation, however, says Joe Mont, isn’t without concerns and pitfalls.

  • Blog

    SEC loses chief of Market Intelligence office

    2016-08-02T09:15:00Z

    The Securities and Exchange Commission is saying goodbye to its chief of Market Intelligence; Christopher Bub has been appointed as VP and chief accounting officer of ski resort operator Peak Resorts; and Waddell & Reed has a new chief risk officer for investments. Who else is coming and going—see more ...

  • Niebankcrop
    Article

    Kami Niebank: Rising to the challenge

    2016-08-02T09:00:00Z

    Kami Niebank is CalPERS’ interim chief compliance officer and guides compliance efforts at the largest public pension fund in the United States. She is also overseeing an ambitious five-year compliance plan that will alternately refine and overhaul the entire compliance regime.

  • Blog

    Iceland and Ireland both jailed their bankers. Why aren’t others learning by example?

    2016-08-01T15:15:00Z

    Ireland just sentenced three senior bankers to prison for their role in the 2008-2009 financial crisis. Given how common misbehavior was among senior bankers all over the world in the days before the crisis, why haven’t more been sentenced to jail? Bill Coffin offers an explanation.

  • Blog

    What states’ suit against VW means for corporate officer liability

    2016-08-01T14:15:00Z

    New York, Maryland, and Massachusetts are claiming that top managers at VW were either specifically involved in the development and implementation of vehicle defeat devices, or knew of the issues that led to their creation. What does this mean for VW’s future—and, for that matter, what does it mean for ...

  • Blog

    Audit quality improves as a result of oversight and regulation

    2016-08-01T13:00:00Z

    Revised EU audit rules have formalized the Financial Reporting Council's role as the United Kingdom’s competent authority for audit. This and more developments have created a regulatory regime that is actually improving audit quality across the board. Paul Hodgson has more.

  • Blog

    Tripwire announces Tripwire Configuration Compliance Manager Express

    2016-07-29T12:30:00Z

    Tripwire, a provider of endpoint detection and response, security and compliance solutions, announced a new version  of Tripwire Configuration Compliance Manager (CCM): Tripwire CCM Express is designed to simplify compliance audits for mid-sized organizations and stand alone divisions of larger organizations.

  • Blog

    Deloitte Center for Regulatory Strategies names independent senior advisor

    2016-07-29T12:30:00Z

    The former head of the statistics function and senior advisor to the director of research at the Federal Reserve Bank of New York, Kenneth Lamar, was recently named an independent senior advisor to the Deloitte Center for Regulatory Strategies. He will advise financial institutions—largely banks—on regulatory reporting, data infrastructure, and ...

  • Blog

    NICE Actimize launches authentication-IQ solution

    2016-07-29T12:30:00Z

    NICE Actimize, a NICE business and a provider of financial crime, risk, and compliance software platform for the financial services industry, announced the launch of Authentication-IQ, a solution that manages multiple authentication methods across financial institution channels with a unified strategy, enhancing both security and customer experience while improving cost ...

  • Blog

    Waddell & Reed Appoints chief risk officer for investments

    2016-07-29T12:15:00Z

    Waddell & Reed Financial, a mutual fund company, has appointed Daniel Scherman as senior vice president of its investment adviser subsidiaries, Waddell & Reed Investment Management Company and Ivy Investment Management Company, in the newly created role of chief risk officer.

  • Blog

    Peak Resorts names new chief accounting officer

    2016-07-29T12:15:00Z

    Peak Resorts, an owner and operator of ski resorts in the United States, has promoted Christopher Bub to the newly created position of vice president and chief accounting officer, effective Aug. 1. He currently serves as Peak Resorts’ corporate controller.

  • Blog

    People, please stop making these two insider-trading mistakes!

    2016-07-29T10:45:00Z

    Bruce Carton has been warning us for years about two insider-trading mistakes. Last month, a former partner at law firm Fox Rothschild was sentenced to six months in prison for allegedly making both of them. See inside.