All Compliance Week articles in Web Issue – Page 600

  • Blog

    It is good to have friends at the top

    2016-07-18T11:00:00Z

    It’s good to know someone at the top—that well-known maxim was demonstrated yet again recently when it was revealed that U.K. Chancellor of the Exchequer George Osborne intervened with the U.S. government during the investigation of money laundering violations by the U.K. bank HSBC. Tom Fox reports.

  • Blog

    The chairman’s flight

    2016-07-18T11:00:00Z

    The Justice Department has reached a plea agreement with David Sampson, the former chairman of the Port Authority of New York and New Jersey, who pressured executives of United Airlines to reopen a money-losing route, which flew near Sampson’s weekend home in South Carolina. In the world of the FCPA, ...

  • Blog

    Kimball International appoints chief compliance officer

    2016-07-18T09:00:00Z

    Kimball International recently appointed a chief compliance officer; Match Group has hired a general counsel and secretary; the IFRS has a new director for trustee activities; and more. Check out the CW Grapevine for the latest compliance appointments.

  • Blog

    Approved amendments to SEC rules include depositions in APs

    2016-07-15T09:30:00Z

    The SEC has approved several amendments to its rules of practice regarding administrative proceedings. Most notably, the new rules provide parties to APs—for the first time—with the opportunity to conduct a limited number of depositions. Bruce Carton has more.

  • Blog

    PCAOB targets controls, related parties in 2016 inspections

    2016-07-15T09:00:00Z

    As inspectors are fanning out this year to scrutinize 2015 financial statement audits, they are looking for all the usual problem areas that have plagued audit firms the past few years, but they’re also looking at economic risks and how well auditors have observed a new standard on related-party transactions. ...

  • Blog

    SEC proposes new disclosure rules for broker-dealers

    2016-07-15T08:45:00Z

    The Securities and Exchange Commission was busy this week: disclosure rules for broker-dealers; simplification of disclosure requirements; changes to administrative proceedings … Jaclyn Jaeger has the Commission rundown.

  • Blog

    SEC proposes to simplify disclosure requirements

    2016-07-15T08:30:00Z

    The SEC this week voted to propose amendments to eliminate redundant, overlapping, outdated, or superseded provisions, in light of subsequent changes to disclosure rules, accounting principles, and technology. The SEC is also soliciting comment on certain disclosure requirements that overlap with U.S. GAAP to determine whether to retain, modify, eliminate ...

  • Blog

    SEC adopts changes to administrative proceedings

    2016-07-15T08:00:00Z

    The SEC this week adopted amendments updating its rules of practice governing its administrative proceedings. After careful consideration of the comments received, the SEC adopted final amendments that, among other things, would adjust the timing of administrative proceedings and give parties additional opportunities to take depositions of witnesses. Jaclyn Jaeger ...

  • Blog

    Internal audit faces more change, technology, papers say

    2016-07-14T21:00:00Z

    A pair of recent white papers by Big 4 firms suggest transformation for the internal audit profession is far from finished. In, fact, some of the biggest changes in store for the profession may still be around the bend.EY focuses its attention specifically on internal auditors in financial services, where ...

  • Blog

    Match Group hires general counsel and secretary

    2016-07-14T15:30:00Z

    Match Group, a provider of dating products, has hired Jared Sine as general counsel and secretary, effective as of July 5. In this role, Sine will lead the Match Group legal team.

  • Blog

    EEOC gives more time to comment on proposal to collect pay data

    2016-07-14T15:15:00Z

    Following more than 300 public comments, the EEOC unveiled a revised version of its proposal to expand pay data collection from federal contractors and other employers. As CW previously reported, the EEOC will be paying closer attention to whether an employer has conducted a pay analysis, says Jaclyn Jaeger, meaning ...

  • Blog

    IFRS Foundation names new director for trustee activities

    2016-07-14T15:00:00Z

    The IFRS Foundation has appointed Richard Thorpe as its new director for trustee activities. He replaces David Loweth, who will step down from his full-time position to take up a part-time role looking at developments in corporate reporting and their relevance to IFRS standards.

  • Blog

    Financial Executives International elects new board

    2016-07-14T14:45:00Z

    Financial Executives International (FEI), an advocacy group for the views of corporate financial management, recently announced the election of a new slate of executive officers and members of the board of directors for the fiscal year, effective as of July 1. Prat Bhatt, corporate controller and chief accounting officer of ...

  • Resource

    e-Book: Overcoming GRC Challenges in the Healthcare System

    2016-07-14T12:00:00Z Provided by

    In this e-Book, produced by Compliance Week in cooperation with RSA, we explore some common and emerging risks facing healthcare organizations today, and how RSA Archer’s governance, risk and compliance solutions can help organizations more proactively manage the ills that could befall them.

  • Blog

    Audit regulators globally pen agreement to share information

    2016-07-13T16:45:00Z

    The International Forum of Independent Audit Regulators has adopted a memorandum of understanding around how audit regulators will cooperate in exchanging information for audit oversight purposes. Tammy Whitehouse has more.

  • Blog

    Does compliance need a seat at VW’s table?

    2016-07-13T16:30:00Z

    VW’s response to its defrauded customers in Europe is worse, than laughable. It's indefensible. Where is the company's compliance function? Tom Fox explores.

  • Blog

    nanoPay names chief compliance officer

    2016-07-13T11:45:00Z

    nanoPay, a fully-integrated loyalty and payments platform provider and provider of the MintChip digital cash platform, has appointed Tracy Molino as general counsel and chief compliance officer.

  • Blog

    Theranos’ health takes a turn for the worse

    2016-07-13T11:30:00Z

    The health of ailing biotech start-up Theranos continues to decline, as the Centers for Medicare & Medicaid Services imposed numerous sanctions on the firm following a review last year of its laboratory operations that uncovered numerous compliance violations. Jaclyn Jaeger reports.

  • Blog

    Theresa May’s post-Brexit, Euro-style governance reforms

    2016-07-13T11:00:00Z

    Out of the post-Brexit chaos, Home Secretary Theresa May is poised to become the new U.K. Prime Minister. She supported Remain, but stands by Brexit, so where will she steer the ship? Her first speech gives some indicators, and Brexiters might not like the sound of them. Paul Hodgson has ...

  • Article

    When the CCO leaves, do you have a succession plan?

    2016-07-12T21:15:00Z

    The role of the chief compliance officer has grown in both complexity and importance over the years. A lot of trust and accountability can be invested in whoever holds that post. So, what happens when they leave? Joe Mont looks at how to survive the departure of a compliance program’s ...