Regulatory & compliance archive

The week in GRC: Companies face post-Brexit changes and GOP senators urge too-big-to-fail process review

Mar 30, 2017

12 min read

– The AFL-CIO will sue if the US Department of Labor (DoL) tries to water down an increase in overtime eligibility put in place by...

Regulatory & compliance

Ex-prosecutor urges caution on FCPA self-reporting

Mar 27, 2017

By Ben Maiden

4 min read

Pravin Rao It remains unclear how the US Department of Justice (DoJ) will handle corporate bribery cases in the future, but that...

Regulatory & compliance

The week in GRC: Don’t delay CEO pay rule, says Calpers, and SEC nominee testifies

Mar 23, 2017

By Ben Maiden

9 min read

– The Wall Street Journal reported that median pay for the CEOs of 104 of the biggest US companies rose 6.8 percent for fiscal...

Regulatory & compliance

NY Fed chief urges progress on banking culture

Mar 21, 2017

By Ben Maiden

4 min read

William Dudley Federal Reserve Bank of New York president and CEO William Dudley has again called for firms to address their...

Regulatory & compliance

The week in GRC: FDIC’s Hoenig eyes investment banking partitions and the OCC moves ahead on fintech licenses

Mar 16, 2017

By Ben Maiden

9 min read

– The New York Times reported that, although Chinese firms struck a record-breaking $225 billion in deals to acquire companies...

Regulatory & compliance

The week in GRC: Republicans face troubles in gutting Dodd-Frank and EU countries eye London-based regulators

Mar 09, 2017

By Ben Maiden

10 min read

‒ Bloomberg reported that the SEC’s division of enforcement is imposing a series of cuts as it braces for deep spending reductions...

Regulatory & compliance

Californian bank fined $7 million in AML case

Mar 05, 2017

By Ben Maiden

5 min read

A Carson, California-based bank has agreed to pay a $7 million fine to settle what regulators called ‘willful’ violations of anti...

Regulatory & compliance

The week in GRC: Yahoo’s board acts over security breach and EU financial services chief warns about Trump rule rollback

Mar 02, 2017

By Ben Maiden

10 min read

‒ Sam Woods, head of the Bank of England’s Prudential Regulation Authority, warned against rolling back reforms made in the wake...

Regulatory & compliance

SEC eyes company disclosure changes

Feb 27, 2017

By Ben Maiden

4 min read

Michael Piwowar The SEC will this week take its next steps toward revamping what information companies must release and how they...

Regulatory & compliance

The week in GRC: Expect US-first approach to regulation, Mnuchin says; and study finds banks have more female directors than most other industries

Feb 23, 2017

By Ben Maiden

9 min read

– The Wall Street Journal reported that Jay Clayton, a partner at Sullivan & Cromwell and President Donald Trump’s pick to chair...