Facebook investors vote to fire Mark Zuckerberg as chairman  

According to an analysis of the results by Open Mic — an organization that works with activist shareholders to improve corporate governance at America’s biggest companies — independent shareholders overwhelmingly backed two proposals to weaken Mark Zuckerberg’s power. Some 68% of ordinary investors, those who are not part of management or the board, want to

Enormous Impact of Ethics & Compliance Training 

  — Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Employee training is a subject that has been examined at length. This ECI research report offers an exclusive ethics and compliance perspective on training.  The report acknowledges a certain amount of overlap with studies that more broadly examine training methods. However,

Shred-it GDPR Compliance Survey of UK SMEs Reflects Positive Understanding but Highlights Key Areas of Concern Under the Surface

A recent survey commissioned by Shred-it, one of the UK’s leading information security companies and a Stericycle solution, has revealed a positive understanding and engagement with the principles of GDPR among SMEs on its first anniversary. The findings show that 72% of UK SMEs report being ‘very aware’ of its requirements. However, 60% reported that the

 2019 Federal Securities Litigation and Regulation

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News While the past year, or even eighteen months, was short on landmark federal securities law decisions, there was significant activity on the part of private securities litigants. In 2018, plaintiffs filed 403 new federal securities fraud class actions, just short of 2017’s

FIFA restoring ‘corruption’ to ethics code after criticism

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News LONDON (AP) — FIFA is restoring the offense of “corruption” to its code of ethics, almost one year after facing criticism over the symbolic removal of the term. The Associated Press has seen a proposal that will be presented to the FIFA

The Relevance of Broker Networks for Information Diffusion in the Stock Market

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Institutional investors routinely make use of brokers to execute their trades. Despite the rise of electronic trading, the Tabb Group reports that brokers handle about 42 percent of order flow from hedge funds. However, brokers’ roles in disseminating information that they acquire

Huawei Accused Of ‘Theft And Dubious Ethics’ 

— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News On Saturday, the Wall Street Journal published a detailed article on Huawei’s alleged misdeeds, writing that “Huawei’s yearslong rise is littered with accusations of theft and dubious ethics. A review of 10 cases in U.S. federal courts, and dozens of interviews with U.S. officials, former employees,