Participants in the EU-U.S. Joint Financial Regulatory Forum highlighted cross-border interagency coordination on (i) financial stability, (ii) climate-related financial risks, (iii) banking and insurance regulation and supervision, (iv) capital markets, (v) operational resilience, (vi) digital finance and (vii) AML/CFT compliance.
News & Insights
A global mining and metals company settled SEC charges over an alleged bribery scheme in Guinea in violation of the Foreign Corrupt Practices Act.
A global gaming and sports betting company settled SEC charges that it violated the Foreign Corrupt Practices Act by failing to (i) establish and maintain a reasonable system of internal accounting controls and (ii) record and monitor payments to Russian third-party consultants.
A publicly traded special purpose acquisition company settled SEC charges relating to internal control failures that allowed its CFO to control and access its operating account with "little or no oversight."
An auditing firm, its CEO and senior auditor settled SEC charges for failing to address red flags in an audit of a music streaming company’s revenue claims related to a business combination with a SPAC.