FTSE Mondo Visione Exchanges Index:
News Centre
.jpg)
-
Statement On Amendment To PCAOB Rule 3502 Governing Contributory Liability, SEC Commissioner Mark T. Uyeda, Washington D.C., Aug. 20, 2024
Date 20/08/2024
Thank you, Chair Gensler. Today, the Commission considers whether to approve two standards and one rule that have been adopted by the Public Company Accounting Oversight Board (the “PCAOB” or the “Board”). Before discussing the first item on amendments to the contributory liability rule, I would like to share some general thoughts on the Commission’s oversight of rulemaking by the PCAOB.
-
Modernizing General Responsibilities Auditing Standards, SEC Commissioner Jaime Lizárraga, Washington D.C., Aug. 20, 2024
Date 20/08/2024
Today the Commission considers a new PCAOB (the “Board”) auditing standard to consolidate and replace interim foundational standards first put into place in 2003, following the enactment of the Sarbanes-Oxley Act (the “Act”).
-
Statement On Amendments Related To Aspects Of Designing And Performing Audit Procedures That Involve Technology-Assisted Analysis Of Information In Electronic Form, SEC Commissioner Mark T. Uyeda, Washington D.C., Aug. 20, 2024
Date 20/08/2024
Thank you, Chair Gensler, and thank you to the staff for your presentation.
-
Enhancing Audit Quality Through Technology-Adaptable Audit Standards, SEC Commissioner Jaime Lizárraga, Washington D.C., Aug. 20, 2024
Date 20/08/2024
In recent years, auditors have expanded their use of data analytics. This trend has been driven both by advances in data analysis tools and increased access by auditors to large volumes of company- and third-party-generated data.
-
Three From The PCAOB, SEC Commissioner Hester M. Peirce, Washington D.C., Aug. 20, 2024
Date 20/08/2024
Today, we are considering three proposals—one rule and two standards—from the Public Company Accounting Oversight Board (“PCAOB”). The auditor’s calling is fundamental to the health of the capital markets. For this reason, we want to ensure that the standards and rules governing auditors are clear and sensible, do not rob auditors of their confidence to exercise judgment, and that they facilitate auditors’ focus on the critical job of ensuring that financial statements are reliable. The Commission’s review of the PCAOB’s rules and standards is integral to the process that Congress established to ensure the quality and effectiveness of the PCAOB’s work.
-
SEC Charges Transfer Agent Equiniti Trust Co. With Failing To Protect Client Funds Against Cyber Intrusions - Equiniti, Formerly Known As American Stock Transfer & Trust Company, Lost Millions Of Dollars Of Client Funds
Date 20/08/2024
The Securities and Exchange Commission today announced settled charges against New York-based registered transfer agent Equiniti Trust Company LLC, formerly known as American Stock Transfer & Trust Company LLC, for failing to assure that client securities and funds were protected against theft or misuse. Those failures led to the loss of more than $6.6 million of client funds as a result of two separate cyber intrusions in 2022 and 2023. American Stock Transfer was able to recover approximately $2.6 million of the losses and fully reimbursed the clients for their losses. To settle the SEC’s charges, Equiniti agreed to pay a civil penalty of $850,000.
-
Statement In Support Of The New Standard On The General Responsibilities Of The Auditor, SEC Commissioner Caroline A. Crenshaw, Washington D.C., Aug. 20, 2024
Date 20/08/2024
Auditing Standard 1000 (“AS 1000”) is an important step forward for investors and all users of financial statements. The standard reaffirms the auditor’s duty to protect investors; to act with due professional care, skepticism, and judgment; and to perform the audit to obtain reasonable assurance that the financial statements and internal controls over financial reporting are sound.
-
Remarks On The Economic Outlook And Financial Inclusion, Federal Reserve Governor Michelle W. Bowman, At The Alaska Bankers Association, Anchorage, Alaska
Date 20/08/2024
Good morning. It is really a pleasure to join you here in Alaska.1 Getting outside of Washington, D.C. and hearing about the unique issues that affect Alaskans provides valuable insights that inform my work at the Federal Reserve. A part of the mission of the Federal Reserve is to support an economy that works for everyone. Consumers and communities are more successful when they have access to financial products and services that meet their needs. While many of these products and services are available online, as Alaskans know better than most Americans, geography and location are also important. This access often looks very different in places with many remote and rural communities. Today, I will discuss the Federal Reserve's work to promote a more inclusive financial system, including our work on financial inclusion for Indigenous communities. Before diving into those topics, I will share my current views on the economy and monetary policy.
-
Statement In Support Of Technology-Assisted Analysis Amendments, SEC Commissioner Caroline A. Crenshaw, Washington D.C., Aug. 20, 2024
Date 20/08/2024
Technology is everywhere. As I was driving last week, I remembered how road trips used to require paper maps with highlighted routes – ones that didn’t tell you exactly where you made a wrong turn or how to fix it. And likewise, when I was in school, research that used to take hours at the library across multiple media – including sitting at a microfiche reader and scrolling through old clips – now takes place in a matter of minutes.
-
Opening Statement On Auditing Standards And Rules, SEC Chair Gary Gensler, Washington D.C., Aug. 20, 2024
Date 20/08/2024
Good morning. I want to welcome members of the public to this open meeting of the U.S. Securities and Exchange Commission (SEC).
