The EPA said the extension was necessary because refiners need to know their 2014 obligations before they can determine how many biofuel credits they may need to carry over from 2013 in order to comply with this year's requirements.» Read More
The series of examinations, which will likely begin this summer or fall, will also gauge funds' compliance with securities industry laws and regulations, said Norm Champ, director of the SEC's Division of Investment Management, in prepared remarks published by the agency late on Monday.
June 13- Zynga Inc said it was not in compliance with Nasdaq listing rules after two independent directors stepped down from the social gaming company's board on June 11. Zynga has until July 27 to submit a plan outlining how it intends to regain compliance, the company said in a regulatory filing on Friday.
SAN FRANCISCO, June 4- California is reviewing half of the offset credits it has issued for its carbon market while regulators investigate whether wrongdoing at an incineration facility in Arkansas rendered those credits out of compliance with the cap and trade program's rules.
BEIJING, May 29- Energy producers and industrial emitters covered by a carbon trading market in China's Tianjin have been given an extra six weeks to comply with the scheme as many have yet to verify their 2013 emissions.
WASHINGTON, May 12- U.S. companies will not face a much heavier compliance burden when new rules governing the protection of personal data between the United States and European Union come into effect, a senior Commerce Department official said on Monday.
SAN FRANCISCO, April 9- California air regulators on Wednesday issued the first carbon offset credits for a forest protection project, credits that power companies and others large emitters can use to meet their compliance obligations under the state's greenhouse gas reduction program.
Feb 11- Western Union Co said it expects the high compliance costs that hit its earnings in the fourth quarter to ease in 2014, helping to push up the company's shares after the bell. Western Union said in October that it did not expect earnings growth in 2014 due to higher compliance costs, which it pegged at 3.5-4.5 percent of revenue.
Francis Lun, CEO at GEO Securities says the cost of compliance will affect banks earnings for years to come.
Hector Sants’ break from his role as chief compliance officer at Barclays due to stress has highlighted the strains on banks’ internal policemen.
Neil Owen, global practice director at Robert Half Financial Services, discusses how challenging the "wave of new regulations" is for financial services executives, especially finding the right talents to implement the changes.