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11 Jan 2013, 6:21 pm by Larry Catá Backer
(Recommendation to remove Siemens AG from the watch list of the Norwegian Government Pension Fund Global, 15 June 2012, Section 3).In effect, Siemens permitted the Norwegian state to become an important monitor and standard setter for the scope, content and operation of its monitoring and surveillance regimes. [read post]
3 Oct 2012, 11:20 am by Gene Quinn
I bet you didn't know that Knight, who is General Counsel at the USPTO, is a painter; has a Master's degree in psychology that allows him to do pro bono counseling at a center for homeless women in Washington, DC; and has an English Setter show dog that is a champion. [read post]
3 Oct 2012, 11:20 am by Gene Quinn
I bet you didn't know that Knight, who is General Counsel at the USPTO, is a painter; has a Master's degree in psychology that allows him to do pro bono counseling at a center for homeless women in Washington, DC; and has an English Setter show dog that is a champion. [read post]
1 Sep 2012, 3:53 am by INFORRM
Dr Damian Carney proposes the setting up of a new regulatory body for the press providing strong remedies for complainants, better internal controls on ethics and complaints – and enough independence from government and industry to appease the general public In the first edition of The Phone Hacking Scandal, I put forward a number of arguments as to why I believe a form of statutory regulation of the printed media is the only way forward to deal with the issues which have been raised by the… [read post]
27 Aug 2012, 6:20 am by James Hamilton
In order to get there, Deloitte believes that the fundamental characteristics  of  financial reporting, including the concept of materiality, must be set by global independent standard setters like the IASB and IAASB and any guidance on materiality must come from these global standard setters and not national standard setters.Echoing these comments, Ernst & Young said that, since guidance ensuring the consistent application of materiality is a global issue, the IASB… [read post]
15 Aug 2012, 11:33 am by John Steele
., by creating intentional conflicts of interest to create a "divide and conquer" dynamic between clients and attorneys in aggressive transactions, emphasizing the ethical training of tax attorneys, clarifying the proper approach for statutory interpretation in the tax context, creating disincentives for a legal race to the bottom among attorneys competing for business, highlighting the importance of individual trend setters, channeling the competitive pressures in the legal… [read post]
1 Aug 2012, 4:42 pm by James Hamilton
Section 6103 of the Code does not permit the IRS to disclose return information to the SEC and Commission staff in connection with civil enforcement of the securities laws.The proposed  legislation would also authorize the Commission to establish the form and content of financial statements for municipal issuers who issue municipal securities, including the authority to designate and oversee a private-sector body as the GAAP standard setter for municipal issuer financial statements. [read post]
1 Aug 2012, 8:52 am by D. Daxton White
Authorizing the Commission to establish the form and content of financial statements for municipal issuers who issue municipal securities, and to recognize a designated private-sector body as the standard setter for generally accepted for federal securities law purposes. [read post]
31 Jul 2012, 9:46 am by James Hamilton
Moreover, the Commission does not have direct authority over the standard setter for those financial statements. [read post]
23 Jul 2012, 12:14 am by Kevin LaCroix
The Libor scandal first began to unfold more than four years ago, but the with  dramatic announcements in late June of the imposition of fines and penalties of over $450 million against Barclays PLC, the scandal has shifted into a higher gear and is now the leading story in financial papers around the world. [read post]
22 Jul 2012, 10:30 am by James Hamilton
  The Financial Reporting Council is the UK’s independent regulator and standard setter responsible for corporate governance, accounting, and auditing.The Code of Conduct envisioned by the FRC would consist of best practices and operate on a comply-or-explain basis. [read post]
20 Jul 2012, 10:50 am by Simon Lester
     * The role of epistemic communities in financial law: closed clubs v. continually evolving centers of change;      * The legitimacy and accountability of private norm-setters; * Room for private actors in international organizations: how the Bretton Woods institutions and the G20 can (or should) reach out beyond states; * Are developing countries’ interests advanced by a shift away from state-centered law making? [read post]
13 Jul 2012, 2:00 am by Kara OBrien
Hamilton says the concern is that proxy advisory firms may have become de facto corporate governance standard setters and that, as a result, issuers are compelled to adopt certain one size fits all standards which may not be suitable for their specific circumstances. [read post]
12 Jul 2012, 10:06 am by William Carleton
The folks there have taken it upon themselves to be a clearinghouse and possibly also a standard-setter for the equity crowdfunding industry. [read post]
10 Jul 2012, 1:54 pm by James Hamilton
A broader concern is that proxy advisory firms may have become de facto corporate governance standard setters and that, as a result, issuers are compelled to adopt certain one size fits all standards which may not be suitable for their specific circumstances. [read post]
10 Jul 2012, 12:32 pm by Lawrence Solum
When it comes to the EU, the enlargement (first prospective, and then, actual) has been an important agenda-setter for the constitutionalization of the EU; in particular, for openly placing the issue of fundamental rights on the EU agenda as a legitimate and indispensable matter of concern for the EU. [read post]
6 Jul 2012, 2:33 pm by James Hamilton
If the EU wants the global markets to grow as well, he noted, regulators and standard setters must extend these principles to the international level. [read post]