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  • Telefónica seeks O2 engagement

    Telefónica seeks O2 engagement

    January 21, 2015 Harry Joiner
    Concerns rise about owning a shrinking mobile-only business as rivals bolster broadband and TV Source: Companies
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    January 21, 2015Telefónica seeks O2 engagement
    Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?

    Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?

    January 21, 2015 Harry Joiner
    In at least three previous State of the Union speeches, President Barack Obama placed great emphasis on his "all of the above" energy strategy — one that includes both aggressive pursuit of…
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    January 21, 2015Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?
    Windows 10's Cortana: A Solution Without A Problem?

    Windows 10's Cortana: A Solution Without A Problem?

    January 21, 2015 Harry Joiner
    A large focus of Microsoft's press event today other than high-concept holograms and Windows 10 itself was the personification of the OS, Cortana. We've seen the Halo-themed AI (complete with original…
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    January 21, 2015Windows 10's Cortana: A Solution Without A Problem?
    Microsoft Augments Reality With Windows Holographic

    Microsoft Augments Reality With Windows Holographic

    January 21, 2015 Harry Joiner
    Microsoft debuted its new augmented reality tech at the Windows 10 live event today. Source: Technology
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    January 21, 2015Microsoft Augments Reality With Windows Holographic
    With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

    With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

    January 21, 2015 Harry Joiner
    Xbox One users are gaining the ability to stream any Xbox One game to an in-network tablet or PC running Windows 10. Source: Technology
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    January 21, 2015With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

Can Abbott Laboratories Breathe Life into This Struggling Business?

May 21, 2014 by Harry Joiner - Add Comment
Filed under: Investing Few health-care companies reach as widely as Abbott Labs . This tried-and-true diversified giant operates across markets such as nutrition, diagnostics, and medical devices, and it’s long been a favorite for investors in the long term. However, Abbott’s recently stumbled in its generic-drug-making business: The company saw sales from this unit fall 6.6% in its most recent quarter. Abbott’s not a company to let problems stick around for long, however, and the firm’s moved fast [...]
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JPMorgan Shareholders Unhappy About CEO Pay

May 21, 2014 by Harry Joiner - Add Comment
Filed under: Investing In its annual meeting yesterday, a mere three-quarters of shareholders supported JPMorgan‘s executive pay program, well down from over 90% last year. At the other two main Wall Street banks, support for pay programs was substantially higher. On May 16, 83% of shareholders voted for Goldman Sachs‘ Say on Pay proposal, the management resolution that asks shareholders to approve or disapprove of executive pay each year, and on May 13, 92% of Morgan Stanley‘s shareholders supported pay. Major proxy advisory firm Glass Lewis, which advises big investors on how to cast [...]
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Why Raymond James Financial, Inc. Shares Might Keep Slumping

May 21, 2014 by Harry Joiner - Add Comment
Filed under: Investing While Fools should generally take the opinion of Wall Street with a grain of salt, it’s not a bad idea to take a look at particularly stock-shaking analyst upgrades and downgrades — just in case their reasoning behind the call makes sense. What: Shares of Raymond James Financial  traded sluggishly on Wednesday after Goldman Sachs downgraded the financial holding company from buy to neutral. So what: Along with the downgrade, analyst Alexander Blostein lowered his price target to $54 (from $59), representing about 12% worth of upside to yesterday’s close. So [...]
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Books we will need tomorrow

May 20, 2014 by Harry Joiner - Add Comment
Ahead of the launch of the FT and McKinsey Business Book of the Year Award, experts look at themes they think authors should tackle Source: Management
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Gold Weaker; New Fundamental Inputs Awaited

May 20, 2014 by Harry Joiner - Add Comment
(Kitco News) – Gold prices are moderately lower in early U.S. trading Tuesday. A lack of major news developments overnight and a light day for U.S. economic data has the market drifting to the downside. June gold was last down $6.70 at $1,287.10 an ounce. Spot gold was last quoted down $5.60 at $1,287.50. July Comex silver last traded down $0.053 at $19.305 an ounce. Source: Markets
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Sony Lightens Up With Latest RX100 III Premium Compact

May 20, 2014 by Harry Joiner - Add Comment
There’s nothing like a heavy and lumpen camera for putting me off taking photos when I’m travelling. My heart sinks when I see photographers laden down with a chunky DSLR camera and a bagful of lenses; it’s almost as if the camera has become the centre of their holiday or journey and the end result is that they don’t end up taking many photos and the photography suffers. The truth is that the best camera is the camera you’re happy using and carrying, that for me is the one I can put in my pocket and just pull out when [...]
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Worldwide Gold Jewelry Demand Increases 3%

May 20, 2014 by Harry Joiner - Add Comment
The amount of gold jewelry purchased in the first quarter of 2014 increased 3 percent year-over-year to 570.7 tons, the largest first quarter volume since 2005. Source: Markets
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RLPC-Uralkali continues work on $500 mln loan

May 20, 2014 by Harry Joiner - Add Comment
LONDON, May 20 (Reuters) – Russian potash fertiliser producer Uralkali is continuing to work on a $500 million syndicated loan as Western banks pull back from lending to Russian companies as tension in the Ukraine remains high before Sunday’s presidential elections. Source: Financials
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Former Barclays banker Maarten de Jong joins Moelis & Co

May 20, 2014 by Harry Joiner - Add Comment
May 20 (Reuters) – Maarten de Jong, a former Barclays investment banker, will join Moelis & Co in August as a managing director based in New York, the investment bank said on Tuesday. Source: Financials
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Pfizer-AstraZeneca bankers set to miss up to $340 mln in fees

May 20, 2014 by Harry Joiner - Add Comment
* Banks likely to earn only 5-10 pct of $260-340 mln fee pool -Freeman Source: Financials
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Microsoft Takes On The MacBook Air With New Surface Pro 3 Tablet

May 20, 2014 by Harry Joiner - Add Comment
The software giant fortifies its struggling tablet line-up by aiming squarely for the laptop market with a wider, thinner device. Source: Technology
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L Brands' Growth To Pick Up Slightly In Q1 Following A Lackluster Q4

May 20, 2014 by Harry Joiner - Add Comment
During its April sales release, L Brands reported 2% rise in its comparable store sales for the first quarter of fiscal 2014. We believe that the company?s appealing product offerings and enticing marketing campaigns helped it offset the impact of cold weather in early February. Source: Markets
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Airlines Plan To Return Greater Cash To Shareholders As The Industry's Finacial Health Improves

May 20, 2014 by Harry Joiner - Add Comment
Enabled by solid demand for air travel and gains from consolidation, most U.S. airlines have improved their results in recent years. Backed by stronger balance sheets and the anticipation of sustained solid cash flow from operations, three airlines namely Delta, Alaska and Southwest announced increased capital return to their shareholders this month. Source: Markets
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AstraZeneca says no negotiation with suitor Pfizer allowed under UK rules

May 20, 2014 by Harry Joiner - Add Comment
LONDON, May 20 (Reuters) – British drugmaker AstraZeneca said that there could be no further negotiation with U.S. suitor Pfizer on the value of a takeover proposal, in a statement which it said it issued to clarify the situation under UK takeover rules. Source: Financials
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Fitch Affirms Banco Internacional de Costa Rica's IDR at 'BB+'; Outlook Stable

May 20, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) NEW YORK/SAN SALVADOR, May 20 (Fitch) Fitch Ratings has affirmed Banco Internacional de Costa Rica’s (BICSA) Issuer Default Rating (IDR) at ‘BB+’. The Bank’s Viability Rating (VR) and National Ratings in Panama were also affirmed. See the full list of rating actions at the end of this rating action commentary. KEY RATING DRIVERS – IDRS, NATIONAL RATINGS AND SENIOR DEBT The bank’s IDRs, National and senior debt ratings reflect the sup Read Full Article →

What Happens To The Founder Of A Company Backed By Angel Investors, If It Fails?

May 20, 2014 by Harry Joiner - Add Comment
What happens to the founder of a company backed by angel investors, if it fails? This question was originally answered on Quora by Ivan Mazour. Source: Technology
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Jobs at risk in S African miners’ strike

May 20, 2014 by Harry Joiner - Add Comment
Tens of thousands of jobs are at risk in South Africa’s platinum industry, according to the main company recruiting workers on behalf of the miners Source: Companies
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Inside Forbes: How the Flow of News on Smartphones Changes the Business of Journalism

May 20, 2014 by Harry Joiner - Add Comment
I got one of those digital wake-up calls last week when my obsession with data turned to mobile traffic. In April, we had the same number of readers visit our home page via smartphone as we did the desktop. The same was pretty much true for our popular Billionaires List. Source: Technology
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Credit Suisse woes go beyond $2.6bn fine

May 20, 2014 by Harry Joiner - Add Comment
Penalty over charges of assisting its customers in tax evasion has ramifications for the bank beyond the writing of provisions Source: Companies
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The Misadventures Of Trying To Play 'Wolfenstein: The New Order' Via PS4 Digital Download

May 20, 2014 by Harry Joiner - Add Comment
Like so many others today, I wanted to check out Wolfenstein: The New Order as the game has received surprisingly good reviews and I’ve been looking for a reason to use my next generation consoles for well over a month now since Titanfall/Infamous were released. That said, I didn’t want to Source: Technology
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GM recalls 2.4m cars at cost of $200m

May 20, 2014 by Harry Joiner - Add Comment
Carmaker has announced 29 separate recalls this year, totalling 15.2m vehicles, equivalent to 50% more than it sold in the whole of 2013 Source: Companies
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Conscience and the business of addiction

May 20, 2014 by Harry Joiner - Add Comment
It is easier to make money from people who have psychochemical dependency on a product than from those who have discretion over their purchases Source: Management
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Browsing data that hold key to sales

May 20, 2014 by Harry Joiner - Add Comment
A clever algorithm translates information about activity on social media into a list of items tailored to the user Source: Management
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Low on taxes, high on risk-aversion

May 20, 2014 by Harry Joiner - Add Comment
Switzerland’s largest city is attracting start-ups with its reputation for efficiency, wealth of skilled workers – and bracing air Source: Management
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Why Insmed Incorporated Shares Spiked Higher

May 20, 2014 by Harry Joiner - Add Comment
Filed under: Investing Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis. What: Shares of Insmed , a clinical-stage biopharmaceutical company focused on developing inhaled therapies to treat lung diseases, rocketed higher by as much as 16% after announcing positive open label data from a mid-stage study involving lead experimental compound Arikayce for treatment-resistant nontuberculous mycobacterial (NTM) lung infections. So what: According to Insmed’s early afternoon release, which caused quite [...]
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Why Ophthotech Corp. Shares Skyrocketed

May 20, 2014 by Harry Joiner - Add Comment
Filed under: Investing Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis. What: Shares of Ophthotech , a clinical-stage biopharmaceutical company focused on developing therapies to treat diseases of the back of the eye, roared higher by as much as 24% after announcing a licensing deal for lead experimental compound Fovista with Novartis . So what: Under the terms of the deal Ophthotech will retain all rights to Fovista within [...]
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Should You Follow Warren Buffett Into This Dividend Behemoth?

May 20, 2014 by Harry Joiner - Add Comment
Filed under: Investing Verizon Communications has a new financial backer, and it’s no less than perhaps the most well-known, most successful investor of all time. Warren Buffett’s Berkshire Hathaway disclosed a new investment in the telecommunications giant. Shares of Verizon spiked on the day of the announcement, and it’s not hard to see why. In its regulatory filing with the Securities and Exchange Commission, Berkshire Hathaway revealed it owns 11 million Verizon shares, which amount to a roughly $530 million investment. Buffett is known as a value-investing guru, and on further inspection, it’s clear [...]
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Why Dendreon Corporation Shares Soared

May 20, 2014 by Harry Joiner - Add Comment
Filed under: Investing Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis. What: Shares of Dendreon , a biotech company that utilizes immunotherapeutic vaccines to treat cancer, soared as much as 14% after reporting additional data on Provenge, its advanced prostate cancer vaccine, at the American Urological Association’s annual meeting. So what: According to Dendreon’s press release, while no specific figures were mention, it did note that data collected from [...]
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Here's Why Google Inc is Testing the Gaming Waters

May 20, 2014 by Harry Joiner - Add Comment
Filed under: Investing Facebook recently held its first app developers conference in three years. The F8 conference was intended to rally developers behind its suite of mobile app development software. Companies such as Facebook and search giant Google (NASDAQ: GOOG) (NASDAQ: GOOGL) are competing for developers not only to increase revenues from mobile apps and user downloads, but also to boost their No. 1 source of revenue: advertising. One area in particular holds a ton of upside for both companies in mobile apps, and that’s gaming. Non-gamers may be surprised by just how many hard-core gamers there are, [...]
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JPMorgan manager’s death ruled as suicide

May 20, 2014 by Harry Joiner - Add Comment
Coroner says Gabriel Magee made ‘considered attempt’ to end his own life after suffering from a ‘dark side’ that was hidden from family and colleagues Source: Companies
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BT escapes fibre network price regulation

May 20, 2014 by Harry Joiner - Add Comment
Shares rise after Ofcom says it will not set wholesale prices for fibre connections, as competition from basic broadband services and cable is adequate Source: Companies
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Why the Dow Jones Is Tumbling Today

May 20, 2014 by Harry Joiner - Add Comment
Filed under: Investing The Dow Jones Industrial Average is down 145 points as of 1:20 p.m. EDT after component stock Caterpillar and a number of other companies throughout the market reported disappointing earnings or forecasts. Meanwhile, the S&P 500 is down 13 points to 1,872. It’s a sea of red on the stock market today: Source: Finviz.com. The main culprit among Dow stocks is Caterpillar, down 2.9%. Caterpillar released its three-month rolling sales report last night after the market close. The report compares three-month rolling periods to the same time last year, and the results [...]
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Why Aeroflex Holding Corp. Shares Soared

May 20, 2014 by Harry Joiner - Add Comment
Filed under: Investing Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis. What: Shares of Aeroflex  surged 25% today after British aerospace and defense supplier Cobham agreed to acquire the microelectronics specialist for about $920 million. So what: The all-cash deal values Aeroflex at $10.50 per share and represents a premium of 26% to its Monday closing price. Cobham is making the move to gain exposure to fast-growing markets that [...]
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A Kinect-less Xbox One Is a More Powerful Xbox One

May 20, 2014 by Harry Joiner - Add Comment
Filed under: Investing Microsoft has had a hard time coming to the realization that its vision for the living room, largely driven by the Kinect motion sensing peripheral, wasn’t as successful as it had hoped. This past Tuesday, Microsoft lowered the price of the Xbox One from $499 to $399 by offering a Kinect-less version, allowing for the console to match the price of Sony‘s PlayStation 4. Source: Microsoft While it’s up for debate as to how this move will affect Xbox One sales, one positive that has gone overlooked is that now with the console is freed of [...]
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Here's Why GT Advanced Technologies' Drop Is a Buying Opportunity

May 20, 2014 by Harry Joiner - Add Comment
Filed under: Investing GT Advanced Technologies looked all set to become the next big Apple play. The news that Apple has tied up with GT to produce sapphire displays for the next iPhone has sent the company’s stock soaring, with gains of more than 50% in 2014. However, GT’s shares crashed almost 8% after the company failed to meet Wall Street expectations in the first quarter. Savvy investors should utilize this drop to buy more GT Advanced shares as the company’s growth could accelerate in the future. Looking beyond the weakness Despite a weaker-than-expected quarter, [...]
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Did AT&T Just Hand Google a Gift in the Form of DirecTV?

May 20, 2014 by Harry Joiner - Add Comment
Filed under: Investing AT&T‘s acquisition of DirecTV was a curve ball, as it seemingly sways from AT&T’s goal of bolstering its broadband Internet to better compete against the rise of Google  . Nonetheless, looking beyond the acquisition’s lack of broadband appeal, do the benefits of DirecTV outweigh the concerns? Or, did AT&T just hand Google a massive gift? AT&T and DirecTV: What’s the point?AT&T has confirmed that it’s paying more than twice its 2014 capital expenditure budget to purchase digital television leader DirecTV for $49 billion. As a result, AT&T will gain DirecTV’s 20 [...]
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Back to the front of the cabin

May 19, 2014 by Harry Joiner - Add Comment
Airlines are offering extras to woo business-class and first-class passengers Source: Management
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Time for consiglieres not vain alpha CEOs

May 19, 2014 by Harry Joiner - Add Comment
Teams that share leadership will in the end be more creative and productive than those obsessed by the traditional status-based model Source: Management
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FASB Adds New Member to Emerging Issues Task Force

May 15, 2014 by Harry Joiner - Add Comment
The Financial Accounting Standards Board has appointed Bret Dooley to its Emerging Issues Task Force. He will serve a five-year, renewable term, beginning June 1, 2014. Details inside. Source: Accounting and Auditing
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Going Concern Looks Out One Year, Starting in 2016

May 14, 2014 by Harry Joiner - Add Comment
When companies assess their ability to continue as a going concern, they’ll be expected to look forward one year from the financial statement date under a new standard that is slated to take effect in 2016. Source: Accounting and Auditing
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FASB Proposes Clean Up for Newly Acquired Entities

May 6, 2014 by Harry Joiner - Add Comment
FASB has issued an exposure draft to spell out new requirements for “pushdown accounting,” or the establishment of a new accounting basis for a target company after an acquisition, when the acquired company will continue to publish its own financial statements. The proposed update provides more specific guidance on when an acquired entity would use pushdown accounting. More inside. Source: Accounting and Auditing
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FASB Pushes Revenue Recognition Release to Late May

April 21, 2014 by Harry Joiner - Add Comment
Companies waiting for the final standard on revenue recognition will have a few more weeks to wait as the Financial Accounting Standards Board now expects to release it in late May or June. The standard was expected in the first quarter of 2014, but FASB’s Website now indicates that it expects to issue the standard in the second quarter of 2014, which gives the board until the end of June. More inside. Source: Accounting and Auditing
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FASB, IASB Plan to Resume Talks on Lease Accounting

April 18, 2014 by Harry Joiner - Add Comment
The Financial Accounting Standards Board will resume talks this week with the International Accounting Standards Board to see if the two boards can agree on how to revise their joint standard on lease accounting. The boards plan to focus on lease modifications, contract combinations, and determining the discount rate. More details inside. Source: Accounting and Auditing
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EU Could Ditch Safe Harbor for Data Exportation

October 23, 2013 by Harry Joiner - Add Comment
The European Union’s changing data protection laws could make life more difficult for companies that want to transfer information out of the 28-member trading bloc and into the United States. Early discussions over the final form of Europe’s new data protection laws suggest the EU may scrap a safe harbor provision that currently allows U.S. companies to move data out of the EU. Details inside. Source: Risk and compliance
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Accepting Contributions.

September 29, 2013 by Harry Joiner - Add Comment
We are now accepting contributions. Head over to the contribution page to contribute to ecommerceconsulting.com!
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SFO to Consider Extending Company Liability Beyond Bribery

September 24, 2013 by Harry Joiner - Add Comment
Britain’s top corporate fraud prosecutor, the Serious Fraud Office, says it wants to take the idea of holding companies responsible for corporate crimes committed by employees, a concept established under the Bribery Act, and extend it to other types of activity. Compliance executives are pushing back on a plan they say is flawed. “It would be a bit like prosecuting homeowners for being burgled,” says Geoff Cruikshanks, executive vice president of legal services, risk, and compliance at global logistics company DHL. Source: Risk and compliance
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EU Data Privacy Laws Will Snag More U.S. Companies

July 16, 2013 by Harry Joiner - Add Comment
European data privacy laws, already far more restrictive than those in the United States, are about to get stricter and will apply to more U.S. companies than they currently do. They could also take effect sooner than planned. After Edward Snowden’s NSA revelations that the U.S. government is collecting data on European citizens, some EU lawmakers want to fast-track privacy regulation. “EU citizens must be guaranteed protection under our own EU laws,” says Sophie in’t Veld, an EU member of parliament from the Netherlands. Source: Risk and compliance
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The End of U.K. GAAP

April 16, 2013 by Harry Joiner - Add Comment
U.S. companies will have to start producing financials for all their British subsidiaries under a new financial reporting rulebook next year, as the United Kingdom phases out its version of Generally Accepted Accounting Principles. While most public U.K. companies moved to International Financial Accounting Standards by 2005, private companies and subsidiaries have had the option to remain on U.K. GAAP. In 2015, that will no longer be an option. More details inside. Source: Risk and compliance
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U.K. Provides New Guidance on Bribery Act Compliance

October 23, 2012 by Harry Joiner - Add Comment
Britain’s Serious Fraud Office announced new policies earlier this month on how it will enforce the Bribery Act. The agency says it is now taking a harder line on facilitation payments and corporate hospitality, and providing fewer leniencies for companies that self-report wrongdoing than it has promised in the past. “The SFO stance is hardening, and companies are complacent at their peril,” says Barry Vitou, a partner at London law firm Pinsent Masons. Source: Risk and compliance
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