Compliance Archive

Nasdaq has filed a proposal with the SEC for a rule change that would allow direct listings without an IPO. The move comes amid reports that Slack Technologies has filed paperwork for its own direct listing, paving the way for it to be only the second...

In the four years since the introduction of this category, this is the third time Graybar Electric Company has won the award for best overall governance for a private company. But then it has been working on governance – and doing so as a private firm – for a long time: it celebrated its 150th anniversary during the week of the awards and is in its 90th year of employee ownership. Its employee and retiree shareholders number more than 7,300, which means that des...

Visa has done it again, winning the best compliance and ethics program (large cap) award for the second year in a row. Among other things, the judges commended Visa for its anti-money laundering efforts and continuously updating its program: no resting on laurels here. Compliance professionals often point to the importance of making their work an integral part of how a business operates, and Visa has made this a cornerstone of its program. Compliance tries to emphas...

– Reuters reported that Malaysian authorities on Monday filed criminal charges against Goldman Sachs and two of the bank’s former employees in connection with an investigation into suspected corruption and money laundering at state fund 1MDB. ‘The charges arise from the commission and abetment of...