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Compliance
by leon on January 12, 2009
What are the main challenges with compliance? With the worst financial crisis in more than a generation, it's a question that will weigh on the minds of corporations the world over.According to a...
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Compliance
by leon on January 6, 2009
As we move towards an emission trading regime, there is one important question that companies need to sort out: who actually takes responsibility?Business faces the prospect of increased legal action...
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Compliance
by leon on December 29, 2008
The new world order with regulation is now emerging.Gone are the days when the so-called "free market" was the only game in town. We are now seeing a reappraisal of the "free markets&q...
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Compliance
by leon on August 14, 2008
The rich are different. Unlike the rest of the population, big US corporations and foreign owned corporations are getting out of paying tax, according to the latest Government Accountability Office r...
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Compliance
by leon on July 2, 2008
Last month, I did a blog entry looking at how accountants were not ready for Extensible Business Reporting Language (XBRL) which is supposed to make it easier for investors to analyze financial data....
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Compliance
by leon on May 28, 2008
Compliance officers are cashing in on the ever-growing pile of laws and regulations confronting companies around the world. Some are now earning well into the seven figures, reports Michael Grebb at ...
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Compliance
by leon on April 26, 2008
Is fair disclosure the same as full disclosure?It's an important question in the wake of the subprime mortgage crisis where investors clearly were not given sufficient information. Louis Thompson...
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Compliance
by leon on March 3, 2008
Plenty has been said about the growth of compliance costs. Now we have further evidence that compliance spending is rising faster than net income for financial institutions, according to the latest s...
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Compliance
by leon on February 23, 2008
Société Générale has posted a massive fourth-quarter loss after maverick trader Jérôme Kerviel blew $7.2 billion in unauthorized trades but the bank seems to doing its best not to shoulder any of the...
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Compliance
by leon on February 22, 2008
Had a chat this week with Brett Curran, vice president of GRC and privacy practices at Axentis. He was in Texas, I was in Melbourne, Australia. But it was a great session. We talked about all the iss...
Read more of Interview with Brett Curran from Axentis
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Compliance
by leon on February 21, 2008
At the beginning of this month, I did a blog entry on how foreign companies are now getting caught out in the increase in Foreign Corrupt Practices Act enforcement actions brought by the Department o...
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Compliance
by leon on February 6, 2008
Despite Sarbanes-Oxley and the UK Combined Code, most corporate boards remain clueless about setting up the proper governance of their information technology systems.A survey, reported here, has foun...
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Compliance
by leon on January 16, 2008
Last year, former Morgan Stanley chairman Sir David Walker issued a report that put greater onus on private equity funds in Britain to provide more details of the financial performance of companies t...
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Compliance
by leon on November 21, 2007
Earlier this year, I did an entry looking at how the virtual world of Massively-Multiplayer Online Role-Playing Games needs regulation. Obviously police are waking up to this with revelations about t...
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Compliance
by leon on November 13, 2007
The Government Accountability Office has once more canned the Internal Revenue Service for its sloppy internal controls, legacy systems and dodgy Information Security.In its report, the GAO said the ...
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Compliance
by leon on November 9, 2007
Not that long ago, I did a blog entry looking at a suggestion from Bearing Point's information technology global solutions leader Rob Hillard suggesting that companies should replace one-on-one e...
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Compliance
by leon on October 18, 2007
A few years ago, carbon trading was seen as a niche business. Not any more. There is now a growing recognition that it is set to become the world's biggest commodity market. Potentially, it could...
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Compliance
, Information About
by leon on September 13, 2007
With a fascinating email trail at the heart of an industrial espionage case involving McLaren and Ferrari and with Morgan Stanley's email woes last year, it's time to ask whether companies n...
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Compliance
by leon on September 4, 2007
Last month I presented an interview with AXS-One chairman and CEO Bill Lyons on the problems companies had with email compliance.Now we are told of the top five email compliance mistakes.The mistakes...
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Compliance
by leon on August 23, 2007
Retention of electronic records is a hot issue for business and it has proven itself to be a big compliance headache. I have blogged on that issue here, here and here.AXS-One is a global records comp...
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Compliance
by leon on August 22, 2007
No secret that compliance spending has been heading north since Sarbanes-Oxley and Basel II. But is it doing any good?Not according to a survey published in Steve Brown's Network Observations blo...
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Compliance
by leon on June 13, 2007
Company reports might be misleading investors by distorting their true market value, according to a new study.The study, from London's Cass Business School, found that conventional measures failed...
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Compliance
by leon on June 1, 2007
In the past, I have looked at how the big corporations in the US and Britain have brought in snoops to check emails in the workplace.Now it seems they've been beaten to the punch.One in three IT w...
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Compliance
by leon on May 3, 2007
IT governance disasters are everywhere. IT projects run off the rails, a bank's ATMs might be taken out of service because of early release software obtained from a very pushy vendor, benefit paym...
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Compliance
by leon on May 3, 2007
In the lead-up to AMD's anti-trust case against Intel, the two firms are at it hammer and tongs, according to this news report.Lawyers tell me much of this case might well come down to emails rele...
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Compliance
by leon on April 25, 2007
In a world where more than 50 of the world's top economies are corporations, where Wal-Mart's GDP is bigger than Denmark's and where foot-loose capital and the rising power of corporations...
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Compliance
by leon on April 13, 2007
Poring through charts and documents for compliance purposes can be absolutely mind-numbing. It's a language of its own. So the consultants JuiceAnalytics have come up with new buzzwords for data a...
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Compliance
by leon on April 11, 2007
Are annual reports on the way out?The Financial Times reports that HSBC'S annual report has grown to such a massive size that Britain's postal service, the Royal Mail, has had to limit the num...
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Compliance
by leon on April 4, 2007
Companies are still struggling to get their heads around important non-financial metrics like reputation risk, global competition, and increased scrutiny from the media and NGOs.A new Deloitte report ...
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Compliance
by leon on March 14, 2007
The other day I had a chat with Axentis president Ted Frank.Axentis is regarded as one of the leading providers of governance, risk and compliance (GRC) management solutions.We talked about why compli...
