All Compliance Week articles in Web Issue – Page 983
-
Blog
RBS reaches $5.5B settlement with FHFA
The Federal Housing Finance Agency, as conservator of Fannie Mae and Freddie Mac, today reached a $5.5 billion settlement with Royal Bank of Scotland Group alleging violations of federal and state securities laws in connection with private-label residential mortgage-backed securities trusts purchased by Fannie Mae and Freddie Mac.
-
Blog
Rao confirmed as Trump Administration’s ‘regulatory czar’
The Senate has confirmed Neomi Rao, a professor at the Antonin Scalia Law School at George Mason University, to a top position at the Office of Information and Regulatory Affairs.
-
Blog
House bill is latest effort to rewrite fiduciary rule
While the Department of Labor sputters along with efforts to rescind its fiduciary duty rule for brokers, House Republicans are taking matters into their own hands.
-
Blog
President nominates first-ever regulatory watchdog for Fed
President Trump has nominated Randal Quarles, a former official at the Treasury Department, as a member of the Board of Governors, filling a long-vacant role as the Fed’s regulatory watchdog.
-
Blog
Report: STOCK Act ‘curtailed stock trading’ by Senators
“The STOCK Act has dramatically curtailed overall stock trading activity by U.S. senators,” says Public Citizen. Its new report cautions, however, that “many still trade in corporations they oversee in their official capacity.”
-
Blog
SEC’s Clayton outlines his agenda as chairman
In his first public speech as chairman, Jay Clayton outlined his priorities for the SEC. Among the topics he will focus on, cyber-security, capital formation, and assessing the compliance costs of rulemaking.
-
Blog
Samsung, DMX, and Pakistan's PM
In case you missed it this week: Samsung heir Lee Jae Yong decided against testifying, DMX is relevant again, a MS Word font outed a forgery by Pakistan’s prime minister, and more.
-
Blog
University of California names chief compliance officer
The University of California Board of Regents has appointed Alexander Bustamante as senior vice president and chief compliance and audit officer at UC’s Office of the President, effective Sept. 5.
-
Blog
CFTC opens public review of swaps data reporting
The CFTC has announced it is seeking public comments as it embarks on a comprehensive review of swaps data reporting requirements.
-
Blog
Pitney Bowes names chief accounting officer
Pitney Bowes, a global technology company, announced that Steven Green, vice president, finance and chief accounting officer, is retiring, effective Aug. 4. Taking his place, Joseph Catapano has been named vice president, chief accounting officer.
-
Blog
Funding Circle names U.S. chief compliance officer
Funding Circle, a lending platform focused exclusively on small business, has appointed Richard Stephenson as U.S. chief compliance officer.
-
Blog
Informatica launches data governance and compliance solution for GDPR
Informatica, an enterprise cloud data management provider, has announced the launch of Informatica Data Governance & Compliance for GDPR, the industry’s first governance solution designed specifically to support customers on their journey to GDPR compliance.
-
Blog
Waymark Tech AI tool identifies crossover between financial regulations
Waymark Technology, a provider of regulatory intelligence software headquartered in London, announced the launch of a new AI-powered tool that automatically identifies regulatory crossovers and conflicts between incoming EU regulations.
-
Blog
SFO investigating Amec Foster Wheeler
The U.K. Serious Fraud Office confirmed that it has opened an investigation into the activities of London-based Amec Foster Wheeler for allegations of bribery, joining U.S. authorities in their bribery investigations into the energy services company.
-
Resource
A CFO’s Guide to the New Revenue Recognition Standard
Title: A CFO’s Guide to the New RevenThis eBook from CFO, an Argyle company, breaks down the new ASC 606 standard so you can better understand how it will impact your entire business.
-
Resource
Changing the Revenue Recognition Landscape
Title: Changing Revenue Recognition LRead the new report from TechVentive CEO Brian Sommer to gain key insights into how you can successfully transition your organization to the new standards.
-
Resource
Revenue Recognition: Transitioning to the New Standard
Title: Revenue Recognition: TransitioRead this whitepaper to better understand ASC 606 and IFRS 15, identify what you need to do to prepare for the transition, and find out how other companies are handling the change.
-
Blog
Once again, no judicial review of DPAs
While there will be no official review, a recent case where a federal district court approved a limited release of a Monitor’s report from the financial institution HSBC will have an impact on the court’s treatment of DPAs.