Compliance Week | News, Events & Thought Leadership for the …
WEBPremium CW Europe preview: An Amsterdam discussion on increased role of CCOs. 2024-09-13T12:40:00+01:00 By Aaron Nicodemus. Compliance Week and its sister organization the International Compliance Association will bring together more than 200 GRC professionals for Compliance Week Europe Oct. 15-16 in Amsterdam to discuss how they’re making sense of the constantly changing regulatory landscape.
AML - Compliance Week
WEBMay 9, 2024By Kyle Brasseur. Compliance Week’s Financial Crimes and Regulatory Compliance Summit will feature more than 50 prominent speakers representing government agencies, regulators, banks, investment advisers, and more tackling the top-of-mind risk areas facing the financial services industry.
Desire for transparency launches FedEx on ESG journey
WEBMay 10, 2022 · Desire for transparency launches FedEx on ESG journey. Behind its white trucks and the orange and purple of its iconic logo, FedEx Corp. has built its enterprise on an absolute commitment to ethics, integrity, and reliability. This principle is the bedrock of its long-term success in environmental, social, and governance (ESG) performance.
IIA’s ‘Three Lines of Defense’ updated to stress collaboration
WEBJul 20, 2020 · The Institute of Internal Auditors (IIA) on Monday announced an update to its widely utilized “Three Lines of Defense” model to focus more on defined roles in an effort to boost collaboration. The new “Three Lines Model,” as it is now referred to by the IIA, “acknowledge [es] that risk-based decision-making is as much about seizing ...
Report: Fines against financial institutions hit $10.4B in 2020
WEBDec 22, 2020 · Article Westpac set to pay record $912.6M civil penalty for AML failures. 2020-09-25T15:53:00Z By Jaclyn Jaeger. Westpac is bracing for a record AUD$1.3 billion (U.S. $912.6 million) civil penalty issued by Australia’s financial crime regulator related to a money-laundering scandal and the facilitation of child exploitation in the Philippines and Southeast Asia.
Kroger joins victims of Accellion data breach - Compliance Week
WEBFeb 22, 2021 · Kroger joins victims of Accellion data breach. By Jaclyn Jaeger Mon, Feb 22, 2021 11:58 AM. Two months after cloud service vendor Accellion first identified one of its legacy products was targeted by a sophisticated cyber-attack, users of the product continue to feel the impact, with grocery chain Kroger the latest to reveal its exposure.
What companies/auditors need to know for 2021 year-end audits
WEBDec 6, 2021 · Article Report: Record low number of going concern opinions in FY2020. 2022-02-28T17:17:00Z By Maria L. Murphy. Public companies receiving going concern audit opinions during fiscal year 2020 were at the lowest number and percentage in the past 21 years, with little change among common issues, …
Tenneco’s dedication to core values lands it Compliance Program …
WEBMay 11, 2021 · “It sounds so simple when I say it now, but it was not so simple,” laughs Kim Yapchai, senior vice president, chief ESG officer at Tenneco. Yapchai was harkening back to the pandemic’s onset, when the global automotive components manufacturer’s compliance department was first rolling out its health and safety protocols to keep the business truckin’—literally.
Just what is ‘reasonable assurance’? | Article - Compliance Week
WEBJust what is ‘reasonable assurance’? By Jose Tabuena Tue, Jan 21, 2014 4:00 PM. A term of art in the audit profession that is tossed around but not well-understood is “reasonable assurance.”. What does it actually mean when an audit report attests with reasonable assurance that the financial reporting or internal controls are reliable?
Conducting a Practical Compliance Risk Assessment
WEBJul 28, 2015 · Risk assessment is standard fare for a mature compliance program. The challenge for compliance officers is to ensure that their assessment works well, finding the right risks and generating information they can use to improve their program. This week, columnist Jose Tabuena identifies steps for conducting a meaningful compliance risk ...