All Compliance Week articles in Web Issue – Page 614
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Blog
Accurate Background appoints chief compliance officer
Accurate Background, a provider of automated background screening, has appointed Bon Idziak as chief compliance officer to further advance the company’s compliant employment screening solutions.
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Blog
For ENI, business risk, geography, and political risk all come together
How does a company assess its risks and, more importantly, how does it manage them? That’s the question FCPA blogger Tom Fox hoped to answer recently when he explored the case of Italian energy company ENI’s focus on doing business in Africa—known for being politically risky—which put some investors ill ...
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Blog
SEC whistleblower chief Sean McKessy to depart agency
The SEC announced today that after more than five years as the first-ever chief of the SEC’s Office of the Whistleblower, Sean McKessy plans to leave the agency. McKessy joined the SEC to head up its new whistleblower program in February 2011 and has helped get the program on strong ...
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Blog
PhishMe adds healthcare compliance training modules
PhishMe, a global provider of phishing defense and intelligence solutions for the enterprise, announced the immediate availability of three new, complimentary computer-based trainings, accessible through the Phis hMe CBFree program. These modules provide employees with a better understanding of the policies, procedure, and reporting when handling protected personal information.
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Blog
Archive2Azure simplifies long-term unstructured data retention
Archive360, a Microsoft cloud solution provider, announced the availability of Archive2Azure, a regulatory compliance storage solution optimized for the Microsoft Azure platform.
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Blog
BDO expands Technology Advisory Services practice
BDO Consulting, a division of professional services organization BDO USA, has appointed Judy Selby as Managing Director in the firm’s Technology Advisory Services practice.
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Blog
‘Failure to cooperate’ multiplies SEC penalty from $2K to $980K
On June 21, 2016, the SEC announced that the failure of a defendant in an SEC enforcement action to live up to an agreement to “cooperate fully and truthfully” had resulted in that defendant's penalty being increased from $2,533 to a staggering $980,229. And it could have been worse! Bruce ...
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BlogHouse votes to defund enforcement of SEC's pay ratio, conflict minerals rules
The House of Representatives has approved Rep. Bill Huizenga’s (R-Mich.) amendments to a financial services appropriations bill that would defund enforcement of the SEC’s controversial pay ratio and conflict minerals rules, both requirements of the Dodd-Frank Act. Joe Mont provides a closer look.
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Blog
Bribery a plus for small business in South Korea?
Small businesses in South Korea object to new anti-corruption laws, claiming their implementation will hurt sales of luxury goods for bribes. Tom Fox explores further.
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Blog
Quality group proposes new XBRL rules to reduce errors
XBRL U.S.’s data quality committee is developing guidance to detect and prevent inconsistencies or errors in XBRL data filed with the SEC, as it looks to improve data quality and make it more useful for analysis. Tammy Whitehouse has more.
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Blog
Senate Democrats want SEC fraud investigations in Puerto Rico
A coalition of top Senate Democrats has asked the SEC “to investigate potential fraud and illegal conduct” that may have contributed to Puerto Rico’s ongoing debt crisis. The group also called on SEC Chair Mary Jo White to “be a cop on the beat of Wall Street.” Joe Mont reports.
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Blog
Financial Services Roundtable questions presidential candidates
The Financial Services Roundtable is asking presidential candidates to give their views on judging the effectiveness of U.S. financial regulators, increasing transparency into SIFI designations, and the future of the Consumer Financial Protection Bureau. More from Joe Mont.
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Blog
Towergate appoints chief risk officer
Towergate, an independently owned insurance intermediary in the U.K., has appointed Brian Hardwick as chief risk officer.
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Blog
Are long-standing directors the ‘new insiders’?
The notion persists that long-tenured directors are too familiar with the organization to provide useful, objective leadership. But as CW columnist Richard Steinberg points out, there is definitely something to be said for deep experience and expertise.
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Blog
Societe Generale names group chief risk officer
Societe Generale Group has appointed Diony Lebot as group chief risk officer. She will replace Benoît Ottenwaelter who has decided to retire after 28 years at the company.
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ArticleFouad Khalifeh: The risk manager
Fouad Khalifeh, the group chief compliance officer for Fransabank, has utilized his expertise in risk management to allow his bank to thrive, despite the many geopolitical risk challenges that surround him.
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Article
U.S. multinationals meet new IRS transparency rule with open arms
You’d think that U.S. multinational companies might not welcome new IRS regulations, but here's one companies can live with. In lieu of potentially multiple filing requirements in countries where they have entities, companies are accepting new country-by-country transparency rules in the United States and preparing to comply. Tammy Whitehouse has ...
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Article
Brexited: what lies ahead for the United Kingdom
The fallout continues after the United Kingdom’s historic vote to leave the European Union. As the reality of it sets in, Paul Hodgson looks at what Brexit will mean for the U.K. financial markets, political landscape, and compliance needs.
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ArticleAdvice for U.S. companies, post-Brexit: Keep calm and carry on
We may be months away from clarity on what the United Kingdom’s vote to leave the EU means for U.S. companies with a multinational presence. Certain compliance challenges are inevitable in light of changing data privacy demands, labor concerns, trade and tax issues, and the prospect of starting from scratch ...
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Blog
MasterCard faces £19bn legal battle over illegal card charges
MasterCard is facing a £19 billion class-action lawsuit for anticompetitive conduct, making it the biggest claim in U.K. history. The landmark case is notable for another reason, as well: It will be the first case filed under the Consumer Rights Act. Jaclyn Jaeger has more.