The False Claims Act (FCA) and its application to the DIB has been front and center with the Aerojet Rocketdyne and CHS FCA cases. The U.S. Federal drive for cybersecurity legislation, regulatory enforcement of the DoD DFARS/ CMMC program, the…
Following last weeks speech by the Head of supervisory risk at the Bank of England. It is clear that the UK aims to follow the EUs DORA, for the supervision of UK FIs and ‘focus as they work towards March…
Finance regulators are to focus on Greenwashing of ESG funds. The Securities and Exchange Commission announced a $1.5mn fine on BNY Mellons fund management division for allegedly providing misleading information on its ESG investments. It also promised tighter rules on…
I am surprised. The role of leaders is to manage cyber risk, as they manage any risk to their business strategy, operations and balance sheet. I wonder what the future holds as cyber regulation and enforcement programs develop? Leaders confidence…
DAVOS is starting to deal progress for cybersecurity, with a commitment by corporates in the oil and gas industry to manage cybersecurity, that is a positive step forward in addressing cybersecurity risk management. With a backdrop of increased cybersecurity legislation,…
We are maybe no further forward in our ability to manage cyber risk than we were 3 years ago? The real changes have come from government legislators, regulatory enforcement and the insurance industry. Regulatory changes will drive corporate changes that…
Have recent geopolitical events created the need and foundations for global data privacy agreements and common standards for handling and securing data? ‘Russias invasion of Ukraine is putting more pressure on governments to work toward a global data-privacy agreement as…
The gap between cybersecurity awareness and risk mitigation is not closing. At a time when the frequency, complexity and severity of cyber attacks continues to increase. A gap that will have an impact on companies as the regulatory environment for…
The SEC has released further ESG proposals, (362 pages) that if adopted would establish disclosure requirements for funds and advisers that market themselves as having an ESG focus. 1. Require funds that say they consider ESG factors to provide investors…
Glencore is to plead guilty to bribery and market manipulation charges bought about through a joint U.S. UK investigation by the UK Serious Fraud Office and U.S. Justice Department. Glencore will pay $1.5bn in overall penalties. $1.1Bn to US authorities,…
