All Compliance Week articles in Web Issue – Page 656

  • Blog

    National Society of Compliance Professionals Elects New Chair

    2015-12-11T12:45:00Z

    The National Society of Compliance Professionals (NSCP), a non-profit, membership organization dedicated to serving and supporting compliance professionals in the financial services industry, has elected Lynn McGrade as chair for the upcoming year.

  • Blog

    TransferTo Names Chief Compliance Officer

    2015-12-11T10:30:00Z

    TransferTo, a global mobile money hub, has appointed Paul de Ruiter as chief compliance officer. In this role, he will lead TransferTo’s global compliance function.

  • Blog

    Evolution Petroleum Names Chief Accounting Officer

    2015-12-11T10:30:00Z

    Evolution Petroleum, in independent petroleum company, has appointed Rod Schultz as chief accounting officer. He will also continue to serve in his current role as director of SEC reporting and taxation.

  • Blog

    AIG Names Chief Risk Officer; Forms Executive Leadership Team

    2015-12-11T10:00:00Z

    American International Group, a global insurance company, this week announced the formation of a new Executive Leadership Team, designed to execute AIG’s strategic priorities. In addition, the company has named Alessa Quane as chief risk officer, in addition to her role as chief corporate actuary.

  • Blog

    Gladstone Capital Appoints Chief Accounting Officer

    2015-12-11T10:00:00Z

    Gladstone Capital has appointed Nicole Schaltenbrand as chief accounting officer, effective Dec. 7. Prior to joining the Company, chaltenbrand served as a senior manager of SEC reporting and accounting policy at National Rural Utilities Cooperative Finance.

  • Blog

    First National Collection Bureau Names Chief Compliance Officer

    2015-12-11T09:45:00Z

    First National Collection Bureau, a national accounts receivable management firm, has appointed Issa Moe as the general counsel and chief compliance officer. He will report to Chief Executive Officer Bradley Jardon.

  • Blog

    Dish Network Names Chief Accounting Officer

    2015-12-11T09:45:00Z

    DISH Network has appointed Paul Orban as chief accounting officer. He also will continue to serve in his current role as corporate controller.

  • Blog

    The Legacy of Frederick Bourke Rears Its Head

    2015-12-11T09:30:00Z

    Sometimes it does not take active bribery or corruption by an individual to violate anti-corruption laws such as the Foreign Corrupt Practices Act. It is one of the few laws which makes illegal consciously avoiding the actual knowledge of the underlying crime.

  • Blog

    The Philippines Not Playing Around With Pyramid Schemers

    2015-12-11T09:15:00Z

    The Philippines doesn't make a lot of news in the securities enforcement world. When the Philippines Securities and Exchange Commission does prosecute and convict someone for a major securities fraud, however, it doesn't play around!

  • Blog

    FASB Seats Transition Group for Impairment, Not Leases

    2015-12-10T13:30:00Z

    Image: Building on the success of the revenue recognition transition group, FASB is planning a new group to facilitate implementation of the pending financial instrument impairment standard. In recent remarks, FASB Chairman Russ Golden said the TRG has already met to identify any key issues. The board is putting the ...

  • Blog

    SEC Trial Scorecard Update: Agency Prevails in First FY 2016 Trial

    2015-12-10T10:15:00Z

    Last week, the SEC prevailed at trial in SEC v. National Note of Utah and Wayne L. Palmer  -- a bench trial alleging a Ponzi scheme. Following this victory, the SEC is now 1-0 in its FY 2016 federal court trials.

  • Blog

    SEC Looks for Disclosures, Consistency in Revenue Rule; May Offer Guidance

    2015-12-10T09:45:00Z

    Image: Companies that can’t say by year’s end how they will be affected by the new revenue standard should let investors know when they will have it sorted out. SEC Deputy Chief Accountant Wesley Bricker said recently, “As companies prepare their annual financial statements over the next couple of months, ...

  • Event

    ICFA 2015 : 17th International Conference on Finance and Accounting

    2015-12-10T00:00:00Z

    SydneySydney NSW 11111Australia

  • Blog

    Regulators Continue Full Throttle on Internal Controls

    2015-12-09T17:15:00Z

    Image: SEC Chief Accountant Jim Schnurr is encouraging preparers to communicate more with auditors and consider that tensions might be escalating because their controls aren’t up to snuff. “The ICFR issues identified by the PCAOB may not be just a problem of audit execution,” Schnurr said. “Rather, they may, at ...

  • Blog

    SEC to Consider Staff Proposal on IFRS

    2015-12-09T15:30:00Z

    Image: The SEC is considering making amendments to rules that would give domestic issuers the chance to provide IFRS-based information as a supplement to U.S. GAAP financial statements. At a recent conference, SEC Chair Mary Jo White said, “The staff has now developed a recommendation for the Commission’s consideration, which ...

  • Blog

    Bills Advance to Sharpen SEC’s Small Business Focus

    2015-12-09T14:45:00Z

    The House Financial Services Committee has approved a slate of bipartisan bills and resolutions intended to “protect consumers, grow the economy, strengthen government transparency, and help lead the fight against terrorists.” Among the bills is legislation that establishes an Office for Small Business Capital Formation within the SEC and ...

  • Blog

    Bill Would Force Tech Companies to Report Terrorist Activity

    2015-12-09T14:15:00Z

    Social media sites would be required to report terrorist activity on their networks if newly reintroduced legislation gains needed support. The Requiring Reporting of Online Terrorist Activity Act would require technology companies to alert law enforcement agencies to online terrorist activity. The bill stops short, however, of requiring companies to ...

  • Blog

    Wyndham Settles FTC Charges in Cyber-Security Case

    2015-12-09T14:00:00Z

    Wyndham Worldwide this week agreed to settle charges with the Federal Trade Commission that the company’s security practices unfairly exposed the payment card information of hundreds of thousands of consumers to hackers in three separate data breaches. The FTC first filed the complaint against Wyndham in 2012 over allegations that ...

  • Blog

    Southern Company Names Chief Compliance Officer

    2015-12-09T13:15:00Z

    Southern Company has named Thomas Bishop as chief compliance officer and deputy general counsel for Southern Company Services, effective Jan. 1. In his new role, Bishop will provide regulatory and legal leadership and direction in coordination with compliance officers and directors across the Southern Company system.

  • Blog

    Survey: Banker Bonuses Plummet in 2016

    2015-12-09T11:30:00Z

    Image: Bankers should see a sharp fall in their bonuses this year in light of new regulations and increased shareholder pressure around soaring banker bonuses. According to a U.K.-based salary benchmarking website, investment banker bonuses are expected to take a 4 percent dip this year. Last month, at an academic ...