HSBC compliance head quits at US hearing
July 18, 2012 - HSBC's head of compliance fell on his sword in front of a US Senate subcommittee Tuesday after the banking giant was excoriated for lax money laundering controls.
FATCA Accreditation Scheme Unveiled
July 13, 2010 - B.I.S.S. Research and Globe Tax Services have formed a joint venture to launch Foreign Account Tax Compliance Act (FATCA) accreditation, which aims to assist financial companies and their treasury departments in achieving FATCA compliance across an enterprise by identifying strengths and weaknesses in their systems and procedures and establishing a corporate standard.
SEC Staff Publishes Final Report on Work Plan for Global Accounting Standards
July 13, 2012 - The Securities and Exchange Commission's Office of the Chief Accountant today published its final staff report on the Work Plan related to global accounting standards.
Ex-Citigroup VP gets eight years for $23m embezzlement
July 3, 2012 - Former Citigroup treasurer Gary Foster has been sentenced to just over eight years in jail for embezzling nearly $23 million from the bank. Foster, a former vice president in Citigroup's treasury finance department, received the 97 month term at a Brooklyn courthouse having already pleaded guilty in September.
IDC Expects Software Growth to Decelerate in 2012 Following the Post-2008 Boom
June 15, 2012 - International Data Corporation (IDC) have released its latest results from the Worldwide Software Market Forecaster. The research monitors over 1000 software vendors (global and local) across a total of 49 countries globally.
ISACA Offers Introduction Course on the New COBIT 5
May 30, 2012 - The new COBIT 5 framework and its supporting guides have already been downloaded a total of more than 68,000 times since they were released by ISACA on 10 April. To offer clarity on the new version and how it builds on COBIT 4.1, ISACA is offering a one-day course led by COBIT experts.
ISACA Issues Guidance on Virtualized Desktop Infrastructure
May 22, 2012 - Today’s mobile device users are demanding to access data from anywhere at any time. In fact, according to an annual ISACA survey on BYOD security, the use of mobile applications has nearly tripled since last year’s survey, and two-thirds of employees aged 18 to 34 have a personal device they use for work purposes.
International Compliance Association launches new cyber security qualification
May 22, 2012 - The International Compliance Association (ICA) announces the launch of a brand new qualification: the ICA Advanced Certificate in Cyber Security.
