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Corporate Governance Senior Managers

Skadden, Arps, Slate, Meagher & Flom LLP

Director Matthew Massengill Shares Firsthand Lessons About Splitting a Company

Matthew Massengill is a director and former chairman and CEO of Western Digital, which announced plans in October 2023 to spin off its flash memory businesses from the division that makes hard drives. He spoke with The...more

A&O Shearman

UK regulatory reform: Emphasising individual accountability through remuneration

A&O Shearman on

The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) are considering ways to enhance individual accountability, particularly among Senior Managers, by more fully integrating the regulatory...more

BCLP

Regulatory Focus on Non-Financial Misconduct: Where are we headed in 2025?

BCLP on

The FCA’s focus, in the six years since #MeToo began, upon tackling ‘non-financial misconduct’ (broadly, poor interpersonal behaviour) in the financial services sector has sometimes been said to be a bit odd and/or not the...more

Bennett Jones LLP

Canadian Securities Administrators Publish Tenth Report Regarding Women on Boards and in Executive Officer Positions

Bennett Jones LLP on

The Canadian Securities Administrators (CSA) recently published its 10th annual Review of Disclosure Regarding Women on Boards and in Executive Officer Positions (Year 10 Report) (the Review). The Review outlines the CSA's...more

Baker Donelson

Lead the Way, Through Women Leading the Way

Baker Donelson on

Advancing women to leadership roles is not merely a "nice-to-have" feature of your business. It also serves as something other than an employee attraction or a retention benefit. Ironically, women in leadership shouldn't be a...more

Thomas Fox - Compliance Evangelist

Bank of America’s Corporate Culture Crisis: Part 5- A Case Study for Compliance

Compliance professionals constantly seek to understand how systemic issues within corporate hierarchies can lead to severe consequences. The recent revelations about Bank of America’s (BoA) persistent workplace culture...more

Mayer Brown

A New Chapter: The Beginning of the Next Evolutionary Phase of the New PRC Company Law – Part III: Liability

Mayer Brown on

China’s long-awaited amended Company Law (New Company Law) was enacted on 29 December 2023, effective from 1 July 2024. The new amendments are arguably the most significant since China established its company law regime back...more

StoneTurn

Operationalizing the N.Y. Department of Financial Services Character and Fitness Guidance

StoneTurn on

At the start of 2024, the New York State Department of Financial Services (“DFS”) issued an industry letter: Guidance on Assessment of the Character and Fitness of Directors, Senior Officers, and Managers (the “Guidance”),...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board Podcast | CEO Succession Planning on a Clear Day

Succession planning for senior management should be an annual process, managed by the board. Our panel discusses best practices, including how to develop multiple and next-level candidates, how to keep internal candidates...more

Sheppard Mullin Richter & Hampton LLP

The Close-Out Debrief

Investigations are stressful for an organization’s leadership. But what is often overlooked is that they are stressful for an organization’s employees as well. The need-to-know nature of internal investigations usually...more

The Volkov Law Group

Simplicity – the Key to Compliance Persuasion

The Volkov Law Group on

We all know the adage – Keep it Simple Stupid (“KISS”).   The principle applies to all organizations and underscores an important communications requirement.  The governance landscape has become more complex over the...more

NAVEX

State of R&C Report Key Finding — Mid-Level Management Shows Inconsistent Commitment to Compliance

NAVEX on

Ethics and compliance are two sides of the same coin. Compliance is following the law, while ethics is doing what is right regardless of what the law says. Compliance is typically thought of as something required by the...more

Miller Nash LLP

TL;DR: The Feds on SVB and Deposit Insurance Reform

Miller Nash LLP on

The Federal Reserve recently published a whopping 118-page review of the failure of Silicon Valley Bank (SVB), and three days later the FDIC published a 75-page report outlining several ideas to reform our deposit insurance...more

The Volkov Law Group

LRN 2023 Compliance Program Report Underscores Importance of Compliance Program Vigilance

The Volkov Law Group on

LRN continues to provide important insights and trends on the importance of ethics and compliance programs.  LRN’s annual report is an important resource and needs to be reviewed by the board, senior management and all...more

Woodruff Sawyer

New Director Onboarding: A Roadmap for Boards

Woodruff Sawyer on

Public company boards face an ever-increasing list of topics that fall under their oversight responsibilities. As the list gets longer, so too does the breadth of skills and backgrounds that boards view as important when...more

Bennett Jones LLP

Additional Changes to Alberta's Business Corporations Act Now in Effect

Bennett Jones LLP on

The Alberta Government's Business Corporations Amendment Act, 2021 (formerly Bill 84), which we wrote on in our previous insight Additional Changes Coming to Alberta's Business Corporations Act, was proclaimed into force on...more

Bennett Jones LLP

Ontario Announces New Beneficial Ownership Regime to Fight Illicit Financial Activities

Bennett Jones LLP on

On November 4, 2021, Ontario’s 2021 Fall Economic Statement announced an intention to address tax evasion, money laundering and other illicit financial activities by amending Ontario’s Business Corporations Act to require...more

Thomas Fox - Compliance Evangelist

Managing a Multi-Entity GRC Architecture with 6clicks Hub and Spoke

I recently visited with Joe Schorr about the managing a multi-entity GRC architecture with 6clicks hub and spoke for a sponsored podcast series. You can check out Joe’s podcast here. Joe is the VP and Global Head of Strategic...more

BCLP

UK regulators and Bank of England to pool considerable powers and resources to advance D&I

BCLP on

Yesterday’s joint Discussion Paper (DP21/2) published by the Bank of England, Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA, together “the regulators”) on “Diversity and inclusion in the financial...more

Bennett Jones LLP

Government of Canada Publishes First Report on Diversity Disclosure

Bennett Jones LLP on

On April 7, 2021, the Government of Canada published Diversity of Boards of Directors and Senior Management of Federal Distributing Corporations. The report is the first report on the effect of the government's efforts to...more

The Volkov Law Group

Ten Essential Steps to Take Now to Advance Corporate Board Governance (IV of IV)

The Volkov Law Group on

Corporate board members face increasing risks.  Federal prosecutors are watching their behavior when corporate malfeasance occurs.  Regulators focus on the important issue of board governance.  Shareholders are ready to file...more

Thomas Fox - Compliance Evangelist

Farewell to Pete Hamill: Consistency and Culture in Compliance

Pete Hamill died Wednesday. According to his New York Times (NYT) obituary, he was the “streetwise son of Brooklyn who turned a gift for storytelling, a fascination with characters and a romance with tabloid newspapers into a...more

BCLP

2020 Funds First Update - February 2020

BCLP on

Welcome to our Funds First Update. In this briefing we set out an overview of some of the main developments and upcoming changes that we think will be of impact to fund managers, fund investors and to the funds sector as a...more

Thomas Fox - Compliance Evangelist

What is Your Compliance Brand?

I have been taking online classes this year from MasterClass, beginning with the writers. I have made it through James Patterson, Malcolm Gladwell and David Baldacci. It is a great way to hear from some of the top...more

The Volkov Law Group

Get Compliance Straight – The Need to Automate

The Volkov Law Group on

I am reluctant to start off the New Year with a negative comment or posting.  But I have a significant concern about the path and current state of ethics and compliance....more

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