All Compliance Week articles in Web Issue – Page 656
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Blog
Lawyerless Allen Stanford Files 299-Page Brief Appealing His Conviction
"Life comes at you fast," doesn't it Allen Stanford? (Just ask MC Hammer).One day you are have a net worth of $2.2 billion, an office with its own five-star dining room, movie theater, professional kitchen and wine bar, and island nations such as Antigua are granting you knighthood. The next ...
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Blog
Few Countries Make Good on OECD Anti-Bribery Pledge
Oct. 23—Despite a 15-year-old promise to do so, many of the world’s leading economies are failing to do enough to prevent corruption and bribery. The Organization for Economic Co-operation and Development’s Anti-Bribery Convention, adopted in 1997, was a pledge by 41 countries to make foreign bribery a crime. Years later, ...
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Blog
KPMG Draws Ire in 2013 Report; New Carping Over Old Quality Issues
The Public Company Accounting Oversight Board says KPMG failed to arrive at an adequately supported audit opinion in 46 percent of the audits the agency inspected in 2013, and it failed to satisfy quality control issues raised in earlier inspections. The PCAOB flagged 23 of the 50 audits that inspectors ...
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Blog
BNY Mellon Names New Chief Risk Officer
BNY Mellon, an investment management and investment services company, has appointed James Wiener as chief risk officer, effective Nov. 24, 2014. Wiener will lead the company's global risk and compliance group, overseeing the compliance and credit, operational and market risk functions. He will succeed Brian Rogan, who is retiring ...
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Blog
Heartland New Zealand Chief Risk Officer Resigns
Financial services firm Heartland New Zealand announced this week that its chief risk officer, Mark Mountcastle, has resigned after four years in the role. He will remain with Heartland until Nov. 30, 2014. Details inside.
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Blog
Pandora Appoints General Counsel
Internet radio service provider Pandora has named Steve Bené as general counsel. Bené, who will serve on the company’s executive leadership team, will oversee all of Pandora’s legal operations and matters, including those related to corporate governance, securities, commercial transactions, litigation and intellectual property. Details inside.
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Resource
Is the Cloud Ready for You?
Cloud Computing is the latest, ‘next best thing’ in the IT industry. Organizations are under seemingly irresistible pressure, both internally and externally, to commit to this new model of computing. Whether you are enthusiastic about cloud computing or not, it is here to stay and has a compelling wave of ...
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Blog
McGladrey Sees Improvement in 2013 Inspection Report
Oct. 24—While KPMG was dinged by the PCAOB, McGladrey saw some improvement. The PCAOB studied 13 audits at McGladrey and found fault with four of them during its 2013 inspections of the firm. That deficiency rate of 31 percent is a step up from failure rates of 44 percent in ...
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Blog
SEC Updates Financial Reporting Manual
The SEC has updated its Financial Reporting Manual, a guidebook intended to help SEC staff review compliance with reporting and disclosure rules. The update addresses transactions that cause a foreign private issuer to cease being a shell company, “backdoor” listings by foreign companies, the treatment of predecessor financial statements, and ...
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Blog
Western Union Gets Its Fourth Compliance Monitor
For the fourth time in as many years, Western Union has received a new independent compliance monitor as part of an anti-money laundering settlement agreement reached with the state of Arizona in 2010. Earlier this month, the Superior Court of Arizona approved the replacement of Western Union’s former court-appointed compliance ...
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Article
Year-End Preparation; SEC Enforcement in 2014; More
Title: Year-End Preparation; SEC EnfoComing in the Oct. 28 edition of Compliance Week: Hear from audit experts on what steps to take in planning for year-end close; also next week, a look back at the record number of enforcement actions brought by the SEC in 2014.
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Blog
Intralinks VIA 2.0 Enhances Usability and Security Capabilities
Intralinks, a global software-as-a-service provider of enterprise content collaboration solutions, has released its next-generation secure file sharing and collaboration solution, Intralinks VIA 2.0. Built on the Intralinks Collaboration Platform, Intralinks VIA 2.0 provides a new user interface and document security capabilities that enable enterprises to gain all the productivity benefits ...
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Blog
Aircastle Names General Counsel
Aircastle Limited, which acquires, leases, and sells commercial jet aircraft, has appointed Christopher Beers as general counsel. Details inside.
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Podcast
Podcast: The Trends Revealed by Company Codes of Conduct
Earlier this month, the University of Houston Law Center, building upon a program first launched in 2010, released a searchable database of the compliance codes for Fortune 500 companies. In our latest podcast, we talk to Houston attorney Ryan McConnell, an adjunct professor who teaches international corporate compliance, about what ...
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Blog
Podcast: The Trends Revealed by Company Codes of Conduct
Earlier this month, the University of Houston released a searchable database of the compliance codes for Fortune 500 companies. In our latest podcast we talk to Ryan McConnell, who teaches international corporate compliance at the school, about what the database tells us about how companies approach such topics as social ...
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Blog
Getting In-Depth on Compliance
Image: In its full glory, corporate compliance is a complex subject. Compliance Week does its best to provide subscribers with timely, concise looks at news in this field to help you understand how you can build and manage a better compliance program, but let’s be honest—sometimes you need an even ...