This month’s roundup of compliance news includes two CFPB-related articles – on the Bureau’s efforts to collect information on small and minority business lending with the purpose of rulemaking in that area, and its focus on consumer...
Archive - June 2017
Data-Rich Manufacturing Demands Cybersecurity of the Supply Chain, Too
Few manufacturers would disagree with the view that the Internet of Things, big data integration and other advances in technology are boosting productivity, streamlining supply and distribution channels, and improving product support. But the...
“Carpe Diem”: Oilfield Services Companies Eye the IPO Market
Despite the recent downward trend in oil prices, the oil and gas industry overall is feeling optimistic, as evidenced by increased rig counts and production levels. Both are signs that the industry is on the rebound after a downturn that has...
A New Look at Politically Exposed Persons – Focus on Risk, not Rules
Implementation of the European Union’s (EU) Fourth Anti-Money Laundering Directive (4AMLD) went into effect on Monday, June 26, for all EU countries. Back in April, Protiviti sponsored a “PEP Breakfast” in anticipation of this directive, at which we...
EU Payments Directive Opens Door to Open Banking
The second European Payment Services Directive (PSD2) is scheduled to become law on January 13, 2018. Heralded as a way to make it faster, easier and less expensive for consumers to pay for goods and services, it also forces European banks to share...
Commitment to Equality Promotes Trust and Growth: Protiviti Celebrates Pride Month
As we progress through June, which is traditionally pride month for the lesbian, gay, transgender and bi-sexual (LGBT+) community, I want to take a moment to reflect on Protiviti’s commitment to the LGBT+ community and our employees, and share my...
PCAOB Revises Auditor’s Report
With the Public Company Accounting Oversight Board’s (PCAOB) new auditor reporting standard finally pending before the U.S. Securities and Exchange Commission (SEC) after nearly a decade in the making, Protiviti has published a Flash Report...
Cyber Attacks Can Be Costly – Is Cyber Insurance the Answer?
The WannaCry malware attack in mid-May focused the attention of corporations around the world on escalating cyber threats. Our Flash Report released immediately after the attack noted that it marked a new and unsettling aggressiveness on the part of...
Can Your SOX Compliance Process Benefit From Some Fine-Tuning? Find Out With Our Latest Benchmarking Survey
The results of Protiviti’s latest SOX compliance survey are in, and one takeaway in particular – cost of SOX compliance – may be music to the ears of some companies. For many organizations, those costs were reported to be lower this year than last...
Manufacturers Are Upbeat About 2017 Business Climate Under New Administration
Four straight months of manufacturing job growth through March this year and a decidedly more pro-business climate emerging in Washington have given many manufacturers good reason to consider 2017 off to a good start. According to the National...
