"This matter highlights the critical need for effective internal accounting controls throughout the entirety of a company's operations," noted Charles Cain, chief of the SEC's FCPA Unit.
So far this year, 6 of 30 environmental proposals and 10 of 107 social proposals have passed, according to the latest ESG shareholder proposal study from Georgeson.
"The SEC's climate disclosure proposal is the most extensive, comprehensive and complicated disclosure initiative in decades," said Wilmer Cutler Pickering Hale and Dorr partner Meredith Cross, a former SEC official.
A new survey from the American Chamber of Commerce in China shows that coronavirus woes are bringing economic gloom and uncertainty to international businesses, many of which say it's simply too soon to know how bad things will get.
"Now's the time to be ramping up your effort" to obtain exclusions, said Jason Waite, a partner at Alston & Bird who leads the firm's international trade and regulatory group in Washington, D.C. But he warned that there are "still a lot of unknowns."
DebugScreen: mobile
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"articles": [
{
"uri": "/2022/09/29/oracles-23m-fcpa-settlement-highlights-critical-need-for-strong-compliance-policies-sec-says-411-28295/",
"title": "Oracle's $23M FCPA Settlement Highlights 'Critical Need' for Strong Compliance Policies",
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"prettyDate": "September 29, 2022",
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"name": "Phillip Bantz"
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"uri": "/news/",
"sectionName": "News"
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],
"summary": "\"This matter highlights the critical need for effective internal accounting controls throughout the entirety of a company's operations,\" noted Charles Cain, chief of the SEC's FCPA Unit.",
"body": null
},
{
"uri": "/2022/09/20/morgan-stanleys-lost-hard-drives-offer-cautionary-tale-for-legal-compliance-chiefs-411-28205/",
"title": "Morgan Stanley's Lost Hard Drives Offer 'Cautionary Tale'",
"byline": "Phillip Bantz",
"kicker": "News",
"prettyDate": "September 20, 2022",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.treasuryandrisk.com/contrib/content/uploads/sites/411/2022/09/Morgan-Stanley_3-767x633.jpg",
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],
"summary": "Companies need to \"be taking a look at the findings to ... make sure [they] don't fall into the same mistakes.\"",
"body": null
},
{
"uri": "/2022/06/01/esg-shareholder-proposals-spike-in-2022-but-garner-muted-support-report-says-411-27360/",
"title": "ESG Shareholder Proposals Spike in 2022—but Garner 'Muted' Support",
"byline": "Phillip Bantz",
"kicker": "News",
"prettyDate": "June 01, 2022",
"timeToRead": "3 minute",
"image": {
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],
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],
"summary": "So far this year, 6 of 30 environmental proposals and 10 of 107 social proposals have passed, according to the latest ESG shareholder proposal study from Georgeson.",
"body": null
},
{
"uri": "/2022/03/31/legal-chiefs-worried-about-cost-of-secs-climate-disclosure-rules-411-26859/",
"title": "Companies Worried About Cost of SEC's Climate Disclosure Rules",
"byline": "Phillip Bantz",
"kicker": "Analysis",
"prettyDate": "March 31, 2022",
"timeToRead": "4 minute",
"image": {
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"summary": "\"The SEC's climate disclosure proposal is the most extensive, comprehensive and complicated disclosure initiative in decades,\" said Wilmer Cutler Pickering Hale and Dorr partner Meredith Cross, a former SEC official.",
"body": null
},
{
"uri": "/2021/08/24/nike-investors-want-to-know-if-the-company-is-woke-washing-411-25547/",
"title": "Nike Investors Want to Know If the Company Is 'Woke-Washing'",
"byline": "Phillip Bantz",
"kicker": "News",
"prettyDate": "August 24, 2021",
"timeToRead": "3 minute",
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"summary": "A new shareholder proposal would force Nike to disclose the results of its diversity, equity, and inclusion efforts.",
"body": null
},
{
"uri": "/2020/08/07/are-us-execs-out-of-touch-with-rest-of-world-on-corporate-social-purpose-411-23546/",
"title": "Are U.S. Execs out of Touch on Corporate Social Purpose?",
"byline": "Phillip Bantz",
"kicker": "Analysis",
"prettyDate": "August 07, 2020",
"timeToRead": "3 minute",
"image": {
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"summary": "Research shows \"a pretty big disconnect\" between U.S. and foreign boards of directors on the topic of corporate ESG policy.",
"body": null
},
{
"uri": "/2020/02/28/how-are-global-companies-dealing-with-the-coronavirus-411-22018/",
"title": "How Are Global Companies Dealing with the Coronavirus?",
"byline": "Phillip Bantz",
"kicker": "News",
"prettyDate": "February 28, 2020",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.treasuryandrisk.com/contrib/content/uploads/sites/411/2020/02/Busienss-Travel-Article-202002281446.jpg",
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"summary": "A new survey from the American Chamber of Commerce in China shows that coronavirus woes are bringing economic gloom and uncertainty to international businesses, many of which say it's simply too soon to know how bad things will get.",
"body": null
},
{
"uri": "/2019/08/16/tips-on-china-tariff-exclusion-requests-as-deadline-approaches-411-20994/",
"title": "Tips on China Tariff Exclusion Requests as Deadline Approaches",
"byline": "Phillip Bantz",
"kicker": "Analysis",
"prettyDate": "August 16, 2019",
"timeToRead": "5 minute",
"image": {
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],
"summary": "\"Now's the time to be ramping up your effort\" to obtain exclusions, said Jason Waite, a partner at Alston & Bird who leads the firm's international trade and regulatory group in Washington, D.C. But he warned that there are \"still a lot of unknowns.\"",
"body": null
}
]
}
}
