All Compliance Week articles in Web Issue – Page 611
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Blog
Volkswagen channeled Lance Armstrong
How does Volkswagen’s conduct around its emission-testing scandal mirror the actions of Lance Armstrong? For one thing, both were involved in the largest scandals in their respective spheres: Armstrong in cycling, and Volkswagen in car manufacturing. Yet, the similarities go even further. Tom Fox reports.
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BlogChange to U.K. CEO pay or regulation seen as inevitable
As experts examine what really drove the Brexit-empowering “leave” vote, a recent PwC report shows that widespread dissatisfaction with what is seen as excessively high levels of top executive pay in the U.K. is an issue larger than the Brexit itself. It pinpoints something companies can address on their own...or ...
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Blog
OpenText buys Recommind
OpenText, an Enterprise Information Management (EIM) software provider, today announced that it has closed its previously announced acquisition of Recommind, a provider of eDiscovery and information analytics.
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Blog
Brazilian authorities sign leniency agreement with SBM Offshore
Dutch engineering company SBM Offshore announced this week it has reached a leniency agreement with Brazilian authorities to resolve allegations relating to the Petrobras bribery scandal. Jaclyn Jaeger reports.
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Blog
Adding ‘father-son’ to the Familial Betrayal list
The upcoming insider-trading trial of a former Perella Weinberg Partners managing director may present “familial betrayal” of the father-son variety. Sean Stewart will go on trial on July 25, 2016, on charges that he tipped his father, Bob Stewart, in advance of five healthcare mergers. Bruce Carton reports.
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Blog
Profession rolls out more guidance for internal audit
Tammy Whitehouse explores new guidance and intelligence that has emerged recently on how internal audit can raise its game in the face of rising regulatory expectations and market demands.
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Article
Compliance’s increasing role in preventing LGBT discrimination
To prevent potential employee discrimination lawsuits, companies are crafting ever-more inclusive policies regarding sexual and gender identity. But this is a sensitive topic with many unresolved details. David Bogoslaw reports.
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ArticleChinese companies place dead last in corporate transparency report
A recent report by corruption watchdog Transparency International on the corporate disclosure practices of emerging-market multinationals revealed significant deficiencies in the areas of anti-corruption practices, company structures, and country-by-country reporting. Indian companies scored highest overall, while many Chinese companies failed miserably. Jaclyn Jaeger reports.
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Article
Preparing for the new EU cyber-security directive
The European Parliament has greenlit an EU-wide cyber-security initiative that will impose plenty of new compliance requirements on organizations across the board. But, queries Jaclyn Jaeger, will compliance officers feel these are helping protect their organizations, or just adding another layer of regulatory liability?
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Blog
Ethris adds three new members to board of directors
German biotech firm Ethris GmbH has added three new members to the Ethris board of directors: Leon Chen, venture partner with OrbiMed, Thomas Chalberg, COO of Oncorus, and Justin Duckworth, managing partner with HS Life Sciences.
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Article
In cyber-security, the real enemy strikes from within
While organizations are trying to understand their cyber-risk and how best to address it, focusing on external threats can overlook an even greater problem, say guest contributors Mark Dorosz and Jennifer Benson: security flaws from internal employees who don’t understand, or don’t care, about upholding the organization’s defenses.
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Blog
US Foods reshuffles board of directors
US Foods Holding announced that Timothy McLevish has resigned from its board of directors, effective immediately, to become executive chairman of Lamb Weston Holdings, upon the completion of its planned spinoff. Because Lamb Weston is a significant supplier to US Foods, McLevish would no longer qualify as an independent director.
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Blog
United Continental appoints new board member
United Continental Holdings has appointed Edward Philip to its board of directors. He brings to United nearly three decades of leadership across the technology, health care and financial services sectors.
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Blog
CU Bancorp appoints chief risk officer
CU Bancorp and its wholly owned subsidiary California United Bank has appointed Robert Sjogren to the newly created position of executive vice president and chief risk officer for the company and the bank.
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ArticleRobert Barrington: A world without graft
Jaclyn Jaeger talks with Robert Barrington, an authority on global corruption, corporate bribery, and corruption within the United Kingdom, who heads the U.K.’s branch of Transparency International, the world’s leading anti-corruption organization.
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Blog
The new FCPA enforcement circle is now complete
A trio of recent Foreign Corrupt Practices Act enforcement actions shows just how much companies can spare themselves undue pain if they self-report violations early and without holding back. Tom Fox has more.
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Article
Despite SEC approval, inline XBRL filings still provide challenges
Is the cure worse than the disease? That’s what some compliance officers are wondering as inline XBRL, a method to help facilitate the harmonization between XBRL and HTML formats for machine-readable financial data, might just be adding one more complication to an already complicated process. Tammy Whitehouse has more.
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Resource
Building Better Vendor Risk Assessments
Download this informative white paper, Building Better Assessments, and you will learn how organizations like yours can improve third-party risk assessments while balancing regulatory pressures, business requirements and budget constraints.
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Blog
Restatement analysis identifies seasonality to disclosures
While Audit Analytics was reviewing the results of its recent annual report on financial restatements, the company noticed an interesting—although not unexpected—trend. Restatements are most commonly disclosed in the spring.
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Blog
Black and blue: Can compliance help stop the police brutality?
As the arguing points of #BlackLivesMatter and #BlueLivesMatter square off, bodies continue to pile up across the country. But maybe—just maybe, says Editor Bill Coffin—there is a compliance angle to consider that could save lives and help defuse tensions.