Financial Regulatory Forum

SEC is watching, on the Web, for sanctions evaders

By Guest Contributor
February 25, 2011

Feb. 25 (Westlaw Business) Big Brother has his eye on more than just filings: He is also surfing the Web to corroborate corporate disclosures. Staff correspondence filed by Scottsdale-based Hypercom Corp. shows that when it comes to rooting out potential sanctions-evaders in Iran and Syria, the Securities and Exchange Commission keeps close tabs. (more…)

Protests in Middle East, North Africa spur look at corporate risk disclosures globally -Westlaw Business

By Guest Contributor
February 18, 2011

A man prays for demonstrators who were injured after riot police stormed an anti-government protest camp, outside the Salmaniya hospital where the casualties were sent to, in Manama February 17, 2011. Troops took control of Manama on Thursday after riot police stormed the anti-government protest camp at dawn and fought demonstrators on the streets, killing four people in Bahrain's worst violence in decades. REUTERS/Hamad I MohammedFeb. 18 (Westlaw Business) The winds of change blowing across the Northern Sahara all but demand a look at foreign operations disclosures, particularly as many companies are deeply entrenched in preparing this year’s annual reports. Political risk has many guises—war, expropriation, currency devaluation—but for companies doing business abroad, these risks don’t begin to give a complete picture of potential threats to earnings. Just six weeks into 2011, a number of well-known companies have already provided a glimpse of what’s keeping their board members awake at night.