Audit

Shell Companies Eyed In Fraud At Aegean Marine
Shell Companies Eyed In Fraud At Aegean Marine
November 02, 2018  |  B2B Payments

Payments fraud on the high seas, perhaps, as a global shipper may have been involved with fake transactions and shell companies. Elsewhere, ransomware gets a roadblock...

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BlackRock Throws Support Behind Controversial Financial Watchdog
BlackRock Throws Support Behind Controversial Financial Watchdog
October 09, 2018  |  B2B Payments

Amid calls to restructure or shutter the U.K.’s Financial Reporting Council, the world’s largest asset manager, BlackRock, is throwing its weight behind the watchdog. Reports...

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Default By Top India Non-Bank Lender Rattles Market
Default By Top India Non-Bank Lender Rattles Market
October 01, 2018  |  B2B Payments

A top infrastructure lender in India is now being questioned by regulators over its $12.6 billion debt, just months after creditors gave the lender a...

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Aussie Corporates Ill-Prepared For New Accounting Rules
Aussie Corporates Ill-Prepared For New Accounting Rules
July 06, 2018  |  B2B Payments

Australian regulators said they were disappointed in corporates’ lack of preparedness for new accounting rules. Reports in the Australian Financial Review said the Australian Securities...

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Symantec Shares Fall Following Probe Disclosure
Symantec Shares Fall Following Probe Disclosure
May 11, 2018  |  Earnings

Symantec shares dropped nearly $10 in the largest decline since 2001 when the company said its board’s audit committee was in the process of looking...

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Why Corporates Trip Over All The Moving Parts Of Inter-Company Transactions
Why Corporates Trip Over All The Moving Parts Of Inter-Company Transactions
August 19, 2016  |  B2B Payments

Corporate payments innovation tends to stick with the obvious transactions: payments to suppliers, business partners, employees and the like. It’s all about money flowing outside...

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Credit Union Regulator Will Pay For Losing Audit Data
Credit Union Regulator Will Pay For Losing Audit Data
January 19, 2015  |  News

Three months after examiners from the National Credit Union Administration lost a thumb drive containing names and account numbers of a credit union’s members during...

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Bank Regulator Loses Sensitive Customer Data
Bank Regulator Loses Sensitive Customer Data
December 18, 2014  |  Security & Fraud

When a federal banking regulator insists that a bank official handed over data under investigation, what obligation does that regulator have in protecting that data?...

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