Materiality

Wolters Kluwer CCH® Tagetik expert solution ranked as Leader by Nucleus Research in 2024 CPM Technology Value Matrix

Retrieved on: 
Tuesday, February 6, 2024

New York – February 6, 2024 – Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its CCH® Tagetik expert solution has been recognized as a Leader, for the fourth consecutive year, in the Nucleus Research CPM Technology Value Matrix .

Key Points: 
  • New York – February 6, 2024 – Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that its CCH® Tagetik expert solution has been recognized as a Leader, for the fourth consecutive year, in the Nucleus Research CPM Technology Value Matrix .
  • Nucleus Research evaluates CPM vendors each year based on customer feedback, product demonstrations, and conversations with users and vendors regarding usability, functionality and value realized from each product's capabilities.
  • Ralf Gärtner, Senior Vice President and General Manager of Corporate Performance & ESG, Wolters Kluwer, said: “We are honored that the CCH Tagetik expert solution has been recognized as a market leader by Nucleus Research for the fourth consecutive year.
  • The results of the 2024 CPM Technology Value Matrix reflect our continued commitment to innovation and product excellence.

McCormack Suny LLC Successfully Defeats $125 Million in False Claims Act Whistleblower Case in Precedent-Setting Summary Judgment Ruling

Retrieved on: 
Monday, February 5, 2024

BOSTON, Feb. 5, 2024 /PRNewswire-PRWeb/ -- McCormack Suny LLC's litigation team, led by Managing Partner David Suny, in a precedent setting decision, successfully defeated a $125 Million False Claims Act whistleblower case in Commonwealth ex rel. Minarik v. Tresca Brothers Concrete, Sand and Gravel, Inc., Suffolk Superior Court, Business Litigation Session, Case No. 1784CV02608.

Key Points: 
  • McCormack Suny LLC's litigation team, led by Managing Partner David Suny, in a precedent setting decision, successfully defeated a $125 Million False Claims Act whistleblower case in Commonwealth ex rel.
  • BOSTON, Feb. 5, 2024 /PRNewswire-PRWeb/ -- McCormack Suny LLC's litigation team, led by Managing Partner David Suny, in a precedent setting decision, successfully defeated a $125 Million False Claims Act whistleblower case in Commonwealth ex rel.
  • This is one of the few cases ever dismissed on summary judgment in the history of the Commonwealth's false claims statute.
  • Notably, this decision draws upon key rulings of general applicability to whistleblower defendants under the analogous Federal False Claims Act.

ING to propose Deloitte as new external auditor

Retrieved on: 
Monday, February 5, 2024

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.

Key Points: 
  • ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank.
  • The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.
  • ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
  • ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

ING posts 4Q2023 net result of €1,558 million and full-year 2023 net result of €7,287 million

Retrieved on: 
Thursday, February 1, 2024

The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.

Key Points: 
  • The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.
  • ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
  • ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
  • ING Group’s annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- EU’).

The EBA publishes an analysis of specific aspects of the net stable funding ratio framework

Retrieved on: 
Saturday, February 3, 2024

The EBA publishes an analysis of specific aspects of the net stable funding ratio framework

Key Points: 
  • The EBA publishes an analysis of specific aspects of the net stable funding ratio framework
    The European Banking Authority (EBA) today published its Report about some specific aspects of the net stable funding ratio (NSFR) framework.
  • The EBA conducted mostly a qualitative analysis based on expert judgement, as well as some sensitivity analysis.
  • The EBA proposed to merge the two mandates so as to include all the requested analysis in a single report.
  • - The Report leverages mostly on qualitative analysis based on expert judgement, supplemented by some sensitivity analysis.

Quantum Announces Update on Plan to Regain Nasdaq Compliance and Delayed Form 10-Q Filing

Retrieved on: 
Wednesday, January 17, 2024

SAN JOSE, Calif., Jan. 17, 2024 /PRNewswire/ -- Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company") announced today that in accordance with Nasdaq Listing Rules, the Company has submitted its plan to regain compliance on January 16, 2024.

Key Points: 
  • SAN JOSE, Calif., Jan. 17, 2024 /PRNewswire/ -- Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company") announced today that in accordance with Nasdaq Listing Rules, the Company has submitted its plan to regain compliance on January 16, 2024.
  • If the plan is accepted by the Nasdaq Stock Market LLC ("Nasdaq"), the Company expects to be granted an extension of up to 180 calendar days from the original due date of the quarterly report on Form 10-Q for the period ended September 30, 2023 (the "second fiscal quarter 10-Q"), or until May 7, 2024, to regain compliance.
  • The Company is targeting to finish its initial assessment, determination of materiality, and completion of the re-evaluation no later than March 31, 2024.
  • Quantum expects to file the second fiscal quarter 10-Q on or before May 7, 2024 (within the anticipated 180-day extension period).

Traditional Korean Paper Hanji to Take Center Stage in Paris with Its Modern & Artistic Value

Retrieved on: 
Monday, January 15, 2024

Marking its 30th anniversary this year, MAISON & OBJET in Paris, France, is an annual show that draws over 6,700 professional buyers.

Key Points: 
  • Marking its 30th anniversary this year, MAISON & OBJET in Paris, France, is an annual show that draws over 6,700 professional buyers.
  • The winter event held last January attracted as many as 67,429 visitors from 144 countries.
  • Lee Gap-chul, one of Korea's leading photographers, will present a photo book comprising his photos printed on hanji at this exhibition.
  • The Korean sentiment profoundly ingrained in his unique, imagination-provoking angle is reflected in the medium of traditional Korean paper, creating a strong sense of elegance.

Fujitsu prepares for disclosure in line with TNFD framework, registers as TNFD Adopter

Retrieved on: 
Wednesday, January 10, 2024

The Fujitsu Group aims to align its business plans with the disclosure recommendations of the TNFD Framework and regularly and transparently report on its activities in accordance with the framework from 2024 onward and update disclosure contents.

Key Points: 
  • The Fujitsu Group aims to align its business plans with the disclosure recommendations of the TNFD Framework and regularly and transparently report on its activities in accordance with the framework from 2024 onward and update disclosure contents.
  • Moving forward, the Fujitsu Group will consider the positioning of these activities in light of the disclosure recommendations of the TNFD.
  • [1] TNFD Forum :An international and interdisciplinary consultative group aligned with the mission and principles of the TNFD.
  • Fujitsu has defined three areas: "Planet: Solving global environmental issues," "Prosperity: Developing a digital society," and "People: Improving people's well-being."

Frank Elderson: Powers, ability and willingness to act – the mainstay of effective banking supervision

Retrieved on: 
Wednesday, January 3, 2024

Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.

Key Points: 
  • Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.
  • Both monetary policy and communication shocks spill over to stocks, with euro area information spillovers being particularly strong.

Akeneo Appoints Two Additional Members to the C-suite and Celebrates A Monumental Year Highlighting Significant US Business Growth

Retrieved on: 
Wednesday, December 13, 2023

Other 2023 milestones include several industry-shaping product launches, an expanded customer roster, and a strategic acquisition

Key Points: 
  • Akeneo introduced a series of industry-shaping product updates, completed a strategic acquisition, honed its leadership team, garnered numerous accolades, and grew by over 100% in the US.
  • The company also crossed the 850 worldwide customers threshold, led by major North American companies, including CarParts.com, Arc'Teryx, DSW, Nautica, Belvins, TaylorMade, and Chico's.
  • Tyra was a founding team member on AmazonFresh and AWS Marketplace, building these businesses to materiality from the very beginning.
  • Akeneo secured awards in 2023 from numerous organizations, affirming its status as a leader in the industry: