Tag: compliance
A new culture of compliance in a complex environment
The unprecedented pace of regulatory change in the financial services industry has led to substantial investment in the compliance function, but it needs greater support at board and executive levels in order to be effective.
Get ahead of ESG risk and reap the rewards
Environmental, social and governance (ESG) risks are rising to the top of progressive board agendas. Why are these risks gaining attention? How can you enhance your board’s awareness and oversight to reduce risk and capitalise on new ESG opportunities?
Understanding the true costs of compliance and non-compliance
Companies are dealing with an avalanche of new compliance rules and requirements at an ever-increasing speed, and they must understand the costs of getting it both right and wrong.
New UK CEO pay-ratio reporting laws announced
The UK government has drafted regulations to hold large UK-listed companies to account for the pay gap between executives and their average employees.
Commonwealth Bank faces record fine over money laundering failings
Australia’s largest bank receives AU$700m fine for failings on money laundering regulation, thought to be the biggest civil penalty ever imposed in Australia.
Many firms not ready for GDPR: but compliant organisations reap benefits
Research shows that 85% of firms in Europe and the US were not ready for the new data protection regulation by the May deadline, with a quarter confessing they would not be compliant even by the end of the year.
Time for a governance rethink: enforced compliance or not?
Have current codes of practice significantly improved corporate governance around the world? If not, then it may be time to review the case for enforced compliance.
Which direction for corporate governance?
What began as a response to corporate scandal, corporate governance is making great strides in driving leadership accountability in Europe—but it’s still a work in progress, with views and policies differing considerably.
Could a revised governance code offer broader scope?
A revision of the UK’s Corporate Governance Code is out for consultation. Will it bring a halt to corporate scandal, and does it promise a bigger, broader objective?
Financial and administrative burden on Belgian companies ‘too high’
Belgian companies spend almost €6bn a year meeting the requirements of employment, tax and environmental regulations, according to a report by the Federal Planning Bureau.