Sarbanes–Oxley Act

CNM LLP Promotes Jennifer DiGiovanna to Partner in New York Leadership Team Expansion

Retrieved on: 
Tuesday, October 10, 2023
Software, Networks, Internet, Finance, Consulting, Professional Services, Technology, Apps, Applications, Multimedia, Professional services, Risk management, Data Analytics Library, Job satisfaction, Culture, James DiGiovanna, Internal control, Control, SOX, Sarbanes–Oxley Act, CNM, Privacy, Audit, Management, Partner

CNM LLP, a leading technical advisory firm, announced today that Managing Director Jennifer DiGiovanna has been promoted to Partner.

Key Points: 
  • CNM LLP, a leading technical advisory firm, announced today that Managing Director Jennifer DiGiovanna has been promoted to Partner.
  • In her expanded role, DiGiovanna will focus on CNM’s Internal Controls and Sarbanes-Oxley (SOX) Advisory practice in the New York City office and will support the firm’s continued expansion in the greater New York City region.
  • View the full release here: https://www.businesswire.com/news/home/20231010048595/en/
    DiGiovanna’s promotion to Partner further builds on CNM LLP’s global growth strategy.
  • “As Managing Director in our New York office for the last four years, Jennifer has helped build, grow, and lead the firm’s presence in the region,” says Sanjay Sheth, Managing Partner, CNM LLP.

Leading Executives in Finance and Healthcare Marketing Join Cancer Hope Network's Board of Trustees

Retrieved on: 
Thursday, October 12, 2023
Technical Guidelines Development Committee, Investment, Knowledge, Financial audit, National Audit Office (United Kingdom), Acquisition, Hope, Trading Houses, CHN, International Financial Reporting Standards, World Services Group, Ethics in pharmaceutical sales, Cancer, United Nations Industrial Development Organization, The Conference Board, Love, Control, Marketing, Growth, Sarbanes–Oxley Act, Joe Weider, New Board, Volunteering, Olesin, World energy supply and consumption, Construction, International, Accounting, Management, Trustee

CHESTER, N.J., Oct. 12, 2023 /PRNewswire-PRWeb/ -- Cancer Hope Network (CHN) announces the addition of two distinguished professionals to its Board of Trustees: Mike Olesin, Senior Audit Partner at Deloitte & Touche LLP, and Michael Byrnes, Chief Client Officer at InStep Health. Their unique expertise and passion for positively impacting the lives of those affected by cancer will make them key drivers of CHN's mission.

Key Points: 
  • Their unique expertise and passion for positively impacting the lives of those affected by cancer will make them key drivers of CHN's mission.
  • "We are thrilled to have these two distinguished executives joining us on the Board of Trustees," said Terri-Ann Feindt, Board Chairperson and Chief Executive Officer at CHN.
  • Byrnes' tenure as one of the company's top five executives spans over 15 years, and his background in marketing and pharmaceuticals, coupled with his commitment to improving patient outcomes, make him a valuable addition to CHN's Board of Trustees.
  • "I want to express my heartfelt gratitude for the warm welcome and the opportunity to serve on the Board of Trustees," said Byrnes.

TessPay Announces Appointment of its New Board Members

Retrieved on: 
Tuesday, October 3, 2023
Sarbanes–Oxley Act, Construction, Telecommunications, Ernst & Young, Natural Resources, Acquisition, Commerce, CPA, Chairperson, CFO, Growth, Toronto Stock Exchange, CIO, GBP, Economics, Management

FORT MYERS, FL, Oct. 03, 2023 (GLOBE NEWSWIRE) -- TessPay Inc., (the “Company” or “TessPay”), operator of a blockchain-based secure payments platform that includes smart contracts and automated payments, announced today the appointment of the following new members to its Board of Directors: Jeffrey Mason (CEO), Fraser Mason (CFO), Matthew Butler (Managing Director - Create.iF), Dr. Joanna Massey (Board Chair), Eric Alexander, Andrew Kaplan and Robert Strickland. Each of these directors brings a unique perspective and set of skills and will be instrumental in the next phase of TessPay’s growth and leadership as the Company expands its secure payments platform in the telecom and construction industries.

Key Points: 
  • “We are delighted to welcome this ‘dream team’ of Board members,” said TessPay’s CEO, Jeffrey Mason.
  • “Their expertise, drive, and skills will be invaluable as we aim to achieve our scaled market goals.
  • Fraser Mason, CFO of TessPay, has expertise in business strategy, corporate governance, financing, and deal negotiation.
  • At TessPay, Mr. Butler has been instrumental in extending the Company’s payments platform into the construction industry.

Grupo Aeroportuario del Pacifico Announces the Payment Date of the Third Installment of the Dividend Approved at the Ordinary Shareholder’s Meeting

Retrieved on: 
Friday, September 29, 2023
Sangster International Airport, Annual, Airport, Mexican Stock Exchange, BMV, GAP, Audit committee, Fondo Mexicano del Petroleo para la Estabilizacion y el Desarrollo, NYSE, Norman Manley International Airport, Grupo Aeroportuario del Pacífico, PAC, Sarbanes, City, Sarbanes–Oxley Act, Mercado, Holding company, Bank

de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that in accordance with the resolution approved in the Annual General Ordinary Shareholders’ Meeting held on April 13th, 2023, regarding the dividend payment of Ps.14.84 (FOURTEEN PESOS 84/100 M.N.)

Key Points: 
  • de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that in accordance with the resolution approved in the Annual General Ordinary Shareholders’ Meeting held on April 13th, 2023, regarding the dividend payment of Ps.14.84 (FOURTEEN PESOS 84/100 M.N.)
  • per each outstanding share, the Company decided to do the payment in four installments.
  • The third installment of the dividend payment will be equivalent to Ps.
  • The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors.

SEC Appoints George Botic to the Public Company Accounting Oversight Board

Retrieved on: 
Wednesday, September 27, 2023
Sarbanes–Oxley Act, International Forum of Independent Audit Regulators, SOX, Shepherd University, Master of Accountancy, PwC, PCAOB, Public Company Accounting Oversight Board, CPA, Security (finance), Audit, Virginia Tech

Washington, D.C.--(Newsfile Corp. - September 27, 2023) - The Securities and Exchange Commission today announced the appointment of George Botic, CPA to a term as a Board Member of the Public Company Accounting Oversight Board (PCAOB).

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - September 27, 2023) - The Securities and Exchange Commission today announced the appointment of George Botic, CPA to a term as a Board Member of the Public Company Accounting Oversight Board (PCAOB).
  • “I am pleased that George will serve on the PCAOB Board,” said SEC Chair Gary Gensler.
  • “George will advance the PCAOB’s mission to build trust in the financial information that public companies disclose to investors.
  • The PCAOB accomplishes these goals through registering public accounting firms, setting auditing standards, conducting inspections, and pursuing disciplinary actions.

Grupo Aeroportuario Del Pacifico Announces the USD$40.0 Million Drawdown From an Available Credit Facility for the Acquisition of a Company Within the Tijuana Airport

Retrieved on: 
Wednesday, September 27, 2023
Sangster International Airport, Interest, Aviation, Airport, Mexican Stock Exchange, SOFR, BMV, USD, GAP, Audit committee, Fondo Mexicano del Petroleo para la Estabilizacion y el Desarrollo, NYSE, Norman Manley International Airport, Acquisition, Grupo Aeroportuario del Pacífico, PAC, Sarbanes, Growth, City, Sarbanes–Oxley Act, Mercado, Bank, Airline, S.A

de C.V., (NYSE:PAC; BMV: GAP) (“the Company” or “GAP”) informs that today it made a drawdown of USD$40.0 million from a credit facility with Banco Nacional de México, S.A., (“Citibanamex”), at a 12-month term.

Key Points: 
  • de C.V., (NYSE:PAC; BMV: GAP) (“the Company” or “GAP”) informs that today it made a drawdown of USD$40.0 million from a credit facility with Banco Nacional de México, S.A., (“Citibanamex”), at a 12-month term.
  • Interest will be payable monthly at a SOFR variable rate plus 25 basis points, and principal payment is due upon maturity, without fees.
  • We consider that the acquisition of this company becomes a strategic asset for the expansion of the Tijuana airport and for the growth of the Company's non-aeronautical revenues.
  • The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements.

SEC Charges Hydrogen Vehicle Co. Hyzon Motors and Two Former Executives for Misleading Investors

Retrieved on: 
Tuesday, September 26, 2023
SPAC, FCEV, Hydrogen, Bank statement, Disclosure, Hyzon Motors, Knight, District court, Acquisition, Security (finance), Sarbanes–Oxley Act, Holthausen, Hyundai ix35 FCEV

The SEC also charged Craig M. Knight, Hyzon’s former CEO, and Max C.B.

Key Points: 
  • The SEC also charged Craig M. Knight, Hyzon’s former CEO, and Max C.B.
  • According to the SEC’s complaint, Hyzon misrepresented the status of its business dealings with potential customers and suppliers to create the false appearance that significant sales transactions were imminent.
  • The complaint alleges that Hyzon also falsely stated that it had delivered its first FCEV in July 2021, even going as far as posting a misleading video of the vehicle purportedly running on hydrogen, when the vehicle was not equipped to operate on hydrogen power.
  • “The defendants allegedly violated this principle by misleading investors about virtually every aspect of Hyzon’s business.

Introducing CTERA Vault: Fortifying Data Resilience with Immutable WORM Protection

Retrieved on: 
Tuesday, September 12, 2023
Cloud, NIST, WORM, HIPPA, Private law, NIST Special Publication 800-53, Sarbanes–Oxley Act, CFR, Financial Industry Regulatory Authority, Government, FINRA, FDA, Social media, Hitachi, Medical device

CTERA Vault aids enterprises in guaranteeing the preservation and tamperproofing of their data, while also ensuring compliance with data regulations through strict enforcement.

Key Points: 
  • CTERA Vault aids enterprises in guaranteeing the preservation and tamperproofing of their data, while also ensuring compliance with data regulations through strict enforcement.
  • WORM compliance ensures that data remains inviolable, creating a trustworthy and irrefutable business record, essential for both regulatory compliance and cybersecurity best practices.
  • "CTERA Vault's innovative data retention and protection technology represents a significant step toward robust data resilience,” said Dan McConnell, senior vice president of product management and enablement at Hitachi Vantara.
  • Our collaboration helped facilitate the co-design of CTERA Vault, enabling enterprises to swiftly meet data regulations and enhance data security and compliance effortlessly."

New Protiviti Survey Finds Companies Prioritizing Enabling Technology for SOX Compliance

Retrieved on: 
Tuesday, September 12, 2023
Pressure, LLM Communications, Service provider, GRC, Synthetic media, Disclosure, Risk management, Sarbanes–Oxley Act, Evolution, SOX, EDT, Internal audit, Organization, PCAOB, Climate change, Investment, Machine learning, Risk, Information technology audit, Generative, Artificial intelligence, ESG, ROI, CPE, Automation, Audit, Management, Protiviti

MENLO PARK, Calif., Sept. 12, 2023 /PRNewswire/ -- The fourteenth annual Sarbanes-Oxley (SOX) Compliance Survey, conducted by global consulting firm Protiviti, finds that 74% of organizations are seeking opportunities to further enable automation, while 58% reported an increase in hours spent on SOX compliance in the last year. Companies are prioritizing investments in automation and broader enabling technologies, such as GRC solutions, as well as advanced technology tools, such as artificial intelligence (AI) and machine learning (ML) to support SOX compliance activities. These technologies help counteract pressure from the PCAOB and external auditors to increase scope and procedures. The SEC's recently adopted rules related to cybersecurity disclosures and highly anticipated climate disclosure rules only increase the potential for expanded scope.

Key Points: 
  • Companies are prioritizing investments in automation and broader enabling technologies, such as GRC solutions, as well as advanced technology tools, such as artificial intelligence (AI) and machine learning (ML) to support SOX compliance activities.
  • Companies prioritizing automation as a key tool to moderate rising cost pressures are experiencing increased efficiency, effectiveness and a decrease in business and operational costs.
  • The increase in hours spent on SOX compliance during the most recent fiscal year underscores the need to create and implement sustainable change through technology tools and automation.
  • The annual Protiviti SOX Compliance Survey benchmarks compliance costs, hours, processes and improvements, including how these areas are affected by current business conditions.

Global Compliance Management Software Market Set to Grow at 11.2% CAGR, Fueled by Rising Regulatory Compliance Demands

Retrieved on: 
Thursday, September 7, 2023
Cloud, Sarbanes–Oxley Act, SAI Global, Financial services, Dell, Risk management, Wolters Kluwer, Check Point, SAP, Broadcom Inc., SAP SE, Compliance requirements, Organization, Compound annual growth rate, Oracle Corporation, Investment, Software AG, SE, Growth, BFSI, NTT, HIPAA, Aras Corp, Automation, Software, Medical device, Audit, Financial adviser, Insurance

DUBLIN, Sept. 7, 2023 /PRNewswire/ -- The "Global Compliance Management Software Market 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 7, 2023 /PRNewswire/ -- The "Global Compliance Management Software Market 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • The global compliance management software market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period.
  • Key Factors Driving Market Growth:
    Increasing Regulatory Compliance Requirements: Evolving regulations across industries necessitate robust compliance management systems to avoid legal and financial penalties.
  • The global compliance management software market is segmented based on deployment, software type, and vertical.