Governance, Regulation & Compliance
Market Trends | Intellectual Property
A European patent regime with unitary effect and a Unitary Patent Court is set to come into force as early as 2017, making it simpler and cheaper for international corporations to defend their intellectual property rights.
The International Securities Services Association adoption of financial crime compliance principles, could prove costly for custodian banks, who are nervous about the changes.
Newsmakers | US
In the United States, a real estate developer turned politician is stealing the thunder of many more-seasoned statesmen.
Executive Pay | Since the global financial crisis of 2008, corporate boards have been under pressure to tie executive pay to performance.
African nations can no longer get by on mineral wealth and commodities alone—and they know it.
Global Finance’s annual evaluation of the work of the world’s central bankers found some stellar performances, and some dismal ones. The toughest challenge for many: propping up falling prices.
Newsmakers | United Nations
When the United Nations Global Compact was launched 15 years ago at the New York Stock Exchange, Lise Kingo was entrenched on the corporate responsibility frontline in Europe.
Card Processing | The United States is slowly catching up to the rest of the world in transaction processing, shifting from mag-stripe to more secure EMV payment cards.
Regulators are starting to ask more questions about cross-border payment flows, which is forcing banks to have more nuanced conversations with their networks of correspondent banks.
When former UBS and Citigroup derivatives trader Thomas Hayes was found guilty last month on all eight charges of conspiracy to manipulate Libor, it was the verdict heard around the world.
Management | Leadership Challenge
Nearly two out of three chief financial officers worldwide aspire to become chief executives of their company, but relatively few succeed in occupying the corner office.
At this point, it’s pretty much assumed that hackers are going to break into corporate computer networks. Global Finance talked with Michael Morris, chief Technology Officer of root9B, which offers cybersecurity services to corporate and government entities, about the war on digital attackers—and how businesses can retake some ground.
Trends | Bribery & Corruption
Anti-bribery and corruption enforcement efforts are picking up worldwide, with private firms more likely to be targeted, while large, state-owned enterprises are getting off easier, according to a report by Moody’s Investors Service.
Management | Compensation
Gap Accounting: Some five years and 287,000 comments after the pay-ratio disclosure rule was included in the Dodd-Frank Wall Street Reform and Consumer Protection Act, the US Securities and Exchange Commission issued the final regulation in August.