Category: Governance

2018 Proxy Season: Emerging Issues Take Center Stage

Posted by - May 3, 2018
Key Issues for Proxies and Investors The relationship between publicly traded companies and their shareholders continues to evolve toward more communications and mutual understanding—and that’s impacting the sort of content featured in proxy statements. As the 2018 proxy season unfolds, Ron Schneider of Donnelley Financial Solutions examines key issues emerging…
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New PwC Report: Age Diversity in the Boardroom

Posted by - April 24, 2018
Corporate boards that want to increase their diversity usually focus on gender and race. But are they paying enough attention to age diversity? PwC’s Census of Directors 50 and Under uncovers how younger directors may be setting the pace on specific areas inside the boardroom and explores what catalysts may lead…
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money laundering

The Need for Anti-Money Laundering Regulatory Reform

Posted by - February 1, 2018
It is rare these days for Republicans and Democrats to agree on political priorities – another profound grasp of the obvious.  Recently, on Capitol Hill there appears to be some common ground on the issue of reforming AML laws and regulations. The motivation is to make financial AML regulations “smarter”…
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beach changing tides

The Tides Are Turning For SEC Enforcement Policies

Posted by - January 12, 2018
At stake in the prolonged debate over a “best-interest” standard of care for retirement advice are $7.5 trillion in 401(k)-type assets and $8.4 trillion in IRA assets. Whether or not the Department of Labor (DOL) and the Securities and Exchange Commission (SEC) will eventually come to agreement on a uniform…
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U.K. and EU flags

A High Court Ruling That Could Reverberate Around the World

Posted by - December 18, 2017
A recent High Court ruling in the U.K. holding a business responsible for the protection of personal data is a clear indication of which way the High Court will rule when the EU’s General Data Privacy Regulation (GDPR) goes into effect in May of 2018. These new data privacy regulations…
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toolbox

Tools of the [Regulation] Trade

Posted by - November 17, 2017
Companies and individuals are increasingly the targets of regulatory investigations in Australia.  Local regulators have long expressed frustration at the disparity between the options available to them when compared to their overseas counterparts. However, recent developments indicate a broadening of the suite of tools available to Australian regulators and the…
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calculator and notes

Research Billing: The Current State of Affairs

Posted by - October 26, 2017
U.S. financial institutions are scrambling to adjust to the expected shift within the trading industry with the implementation date of MiFID II, January 3, 2018,  quickly approaching. Whether or not financial institutions plan to absorb the cost of research, middle and back office CSA and research processes and reporting must adapt…
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5 Ways to Elevate the Board’s Oversight of Compliance

Posted by - September 29, 2017
Expanding the View to Include Culture Does your organization view compliance as a “check the box” exercise? Many companies do. Chuck Saia, CEO of Deloitte Risk and Financial Advisory, feels differently and shares five ways a board can start broadening its view – and management’s view – of compliance to…
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large hand pointing at businessman

The Top 5 Mistakes Boards Make in Overseeing Compliance

Posted by - September 15, 2017
How to Avoid Costly Missteps Russell Reynolds Associates’ Cynthia Dow and Anthony Goodman, compliance and board experts, interviewed leading chief legal officers, chief compliance officers, former investigators and board directions to under the biggest compliance missteps boards make. with co-author Anthony Goodman We can all easily recount a recent compliance…
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team in boardroom

Fed to Lessen Supervisory Expectations on Boards

Posted by - September 6, 2017
Proposed Guidance for Banks and Holdings Companies In August, the Board of Governors of the Federal Reserve published proposed guidance on certain supervisory expectations for Boards of Directors of banks and holding companies. The proposed guidance would attempt to clarify the process that Federal Reserve examiners and supervisory staff should…
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