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In addition, APRA has released updated information sheets and prudential standards addressing concerns such as governance, culture, remuneration and accountability, as well as an updated Memorandum of Understanding with ASIC. [read post]
23 Apr 2021, 8:56 am by John Jascob
NASAA congratulated the legislative committee for its decision to prioritize H.R. 1277 and urged its passage.The Diversity and Inclusion Data Accountability and Transparency Act would amend the Dodd-Frank Act to require that regulated financial firms with 100 employees or more disclose diversity data. [read post]
4 Apr 2017, 6:57 am by John Jascob
“The board needed to take extra care to account for this dynamic in its disclosures to stockholders,” the court wrote. [read post]
26 Oct 2011, 9:59 am by James Hamilton
In remarks to the Nat’l Assoc. of State Boards of Accountancy, the FASB Chair noted that condorsement calls for some level of U.S. involvement in the establishment of any new standards. [read post]
18 Nov 2016, 1:00 am
Posted by Adam Pritchard, University of Michigan, and Murali Jagannathan, SUNY Binghamton, on Thursday, November 17, 2016 Tags: Accountability, Board monitoring, Boards of Directors, Charter & bylaws, Delaware articles, Delaware law, Director liability, Entrenchment, Executive performance, Executive turnover, Forum selection, Incorporations, Institutional monitoring, Liability standards, Management, Ownership structure, Securities regulation, State law … [read post]
2 Nov 2017, 6:33 am by John Jascob
By Jacquelyn LumbPCAOB Enforcement Director Claudius Modesti reported at the American Law Institute’s recent conference on accountants’ liability that among his group’s priorities is firms that alter work documents and the associated failure to cooperate in board inspections or investigations. [read post]
21 Mar 2010, 1:13 pm by James Hamilton
Shelby would require the SEC and CFTC to merger into a single regulator.An amendment by Senator Bob Corker would add accounting standards to the items to be examined in the Financial Stability Oversight Council’s Review of financial institutions. [read post]
7 Dec 2017, 4:49 pm by INFORRM
In November 2011, an article was published in Der Standard which accused the KABEG board of management of spying on an employees’ meeting for doctors. [read post]
22 Jul 2008, 2:05 am by legalthing
However, all in-house counsel should be aware of the potential impact of the changes to FAS 5 proposed by the Financial Accounting Standards Board. [read post]
22 Jul 2008, 2:05 am by legalthing
However, all in-house counsel should be aware of the potential impact of the changes to FAS 5 proposed by the Financial Accounting Standards Board. [read post]
15 Jul 2016, 6:22 am
Harris, Public Company Accounting Oversight Board, on Tuesday, July 12, 2016 Tags: Accountability, Accounting, Accounting standards, Audits, Boards of Directors, Compliance & ethics, Diversity, ESG,External auditors, Financial reporting, Investor protection, Oversight, Securities regulation, SOX, Sustainability,Transparency The Law and Brexit Posted by Thomas J. [read post]
27 Jul 2018, 6:00 am
Traders, Liability standards, Rule 10b-5, SEC enforcement, Securities enforcement, Securities fraud, Securities litigation, Shareholder suits, Supreme Court The Board’s Role in Corporate Social Purpose Posted by Amy Silverstein, Debbie McCormack, and Bob Lamm, Deloitte LLP, on Friday, July 20, 2018 Tags: Board leadership, Boards of Directors, Corporate Social… [read post]
12 Mar 2014, 9:32 am
The board's response needs to take into account more than merely trying to give the unit owner a clutter-free existence. [read post]
The updated Proposal retains many core concepts from the first, establishing “certain regulatory minimum standards” relating to cybersecurity protections for the customer information and IT systems of banks, insurance companies and other NYDFS-regulated financial institutions. [read post]
1 Sep 2009, 11:03 am
An agreement between the Financial Accounting Standards Board and the International Accounting Standards Board called the Memorandum of Understanding pledges to improve both US GAAP and IFRS in 11 major topical areas. [read post]
1 Sep 2009, 11:03 am
An agreement between the Financial Accounting Standards Board and the International Accounting Standards Board called the Memorandum of Understanding pledges to improve both US GAAP and IFRS in 11 major topical areas. [read post]
13 Mar 2007, 5:41 am
  Review for Understanding and Negotiating Value or Other Concessions The first issue is the extent to which the target has properly accounted for loss contingencies under Statement of Financial Accounting Standards No. 5, "Accounting for Contingencies. [read post]