The U.S. Securities and Exchange Commission (SEC) has proposed a rule requiring that registrants (Entities traded on a U.S. Exchange and other entities whose securities are subject to SEC regulation) add a standard set of climate-related disclosures to their annual reporting. While the SEC Climate Disclosure Rule was expected to take effect in 2023, legal challenges and ongoing political debate have resulted in some delays. ...
To keep pace with the rapidly changing regulatory environment, this financial services company needed a trusted GRC solution to optimize and reinforce its compliance risk management program.
In December 2016, the French government published the Sapin II law to align domestic anti-corruption standards more closely to well-known legal frameworks in other countries. With the International Monetary Fund (IMF) estimating that the yearly cost of bribery alone is between $1.5 – $2 trillion, the Agence Française Anticorruption (AFA) will be looking for firms whose compliance programs fall short. The impact for those publicly ...
In 2011, the United Nations Human Rights Council published its Guiding Principles on Business and Human Rights[1], requiring companies to protect, respect and remedy adverse human rights impacts to which they directly contribute. A number of European countries, such as France and the United Kingdom, subsequently developed domestic compliance standards for firms with international supply chains. Most recently, the German Federal Parliament and the German ...
Introduction In December 2016, the French government published a bill titled “Transparency, Fighting Corruption and Modernizing Economic Life”.[1] Otherwise known as the Sapin II law, the objective of this bill was to generate an anti-corruption mechanism in France by building on the progress brought about by the 1993 Sapin Act.[2] Sapin II aligns French anti-corruption law with aspects of U.S. and UK corruption enforcement, introducing ...
When it comes to workplace health and safety, one of OSHA's topmost-cited standards is the Control of Hazardous Energy, commonly known as Lockout Tagout (LOTO). The U.S. Department of Labor reported over 1,800 citations between October 2020 and September 2021, amounting to over $12 million in penalties in breach of LOTO standards. With the increase in enforcement and the dangerous safety issues these violations pose, ...
SAI360’s checklist highlights 8 steps to take to align your E&C Program to DOJ Guidance.
We take a closer look at the types of firms that are most likely to be impacted by UK SOX and explore how directors can best prepare.
The UK’s version of the U.S. Sarbanes-Oxley Act (SOX) aims to restore confidence in the governance of UK-listed companies and protect investors from fraud. What now?
SAI360 helped systematize internal audit across major corporate business units and enabled the integration of the internal control and risk functions.
