– The Wall Street Journal (paywall) reported that Ireland’s Data Protection Commission fined Facebook owner Meta Platforms €265 mn ($276 mn) for allegedly not better safeguarding more than half a billion users’ phone numbers and oth...
Compliance Archive
The SEC’s landmark rulemaking on climate change has not yet been finalized but governance professionals say companies can and should be getting ready to comply.
The topic was among those discussed at the recent ...
Legal and compliance leaders at US companies are facing increasing pressure as strong political, social and economic headwinds persist and companies become more vulnerable to an array of threats and risks.
In 2022, 34 percent of American companies received or investigated between two and five threats per week, compared with 14 percent of firms in 2021. Four percent of companies recorded more than six threats per week, while the number of companies dealing with few...
The SEC on October 26 adopted final recovery rules, commonly referred to as clawback rules, in a significant shift for executive compensation requirements.
The rules direct national securities exchanges and national securities associations to establish listing standards requiring companies to develop, implement, disclose and comply with a written policy for ...
– According to the Financial Times (paywall), executives at some US public companies will earn millions of dollars in equity-based bonuses this year because boards have reworked their compensation plans despite falling stock prices. Companies adjusted bonus plans in 2020 to account for the Covid-19 pandemic and have since revisi...
The SEC’s new pay-versus-performance rule changes will present myriad challenges – and potential opportunities – to public company management teams and boards. Most publicly listed US companies must begin making these disclosures in their 2023 proxy statements.
This creates a major new workstream during a demanding season when calendar-year companies a...
– The Wall Street Journal (paywall) reported that many companies are delaying acquisitions because a combination of economic factors such as high inflation, rising interest rates and market volatility is lowering the confidence of buyers and sellers. Duri...
The Shareholder Rights Group has responded to critics of SEC plans to update the grounds on which companies may be allowed to exclude shareholder proposals.
The commission in July proposed amendments to Rule 14a-8, which provides several bases on which companies can apply for no-action relief if they omit a proposal from their proxy sta...
The creation of the International Sustainability Standards Board (ISSB) in November last year marked a major step toward consolidation in the sustainability reporting world.
The new organization brings together the Value Reporting Foundation, which houses the SASB Standards and Integrated Re...
– The Wall Street Journal (paywall) reported that Unilever CEO Alan Jope plans to retire at the end of next year. The consumer goods company said it would conduct a formal search for a successor and consider both internal and external candidates. Jope this year faced the emergence of activis...
