Kenney to consider local exemptions to TFW program after provincial complaints – See more at: http://www.hrreporter.com/articleview/21737-kenney-to-consider-local-exemptions-to-tfw-program-after-provincial-complaints#sthash.HmmqMz7D.dpuf
Kenney to consider local exemptions to TFW program after provincial complaints – See more at: http://www.hrreporter.com/articleview/21737-kenney-to-consider-local-exemptions-to-tfw-program-after-provincial-complaints#sthash.HmmqMz7D.dpuf
Kenney to consider local exemptions to TFW program after provincial complaints – See more at: http://www.hrreporter.com/articleview/21737-kenney-to-consider-local-exemptions-to-tfw-program-after-provincial-complaints#sthash.HmmqMz7D.dpuf
Compliance Outsourcing: Weighing the Risks and Opportunities
Kenney to consider local exemptions to TFW program after provincial complaints – See more at: http://www.hrreporter.com/articleview/21737-kenney-to-consider-local-exemptions-to-tfw-program-after-provincial-complaints#sthash.HmmqMz7D.dpuf
Employment Minister Jason Kenney said Friday he’s willing to consider “local exemptions” to his recent overhaul of the temporary foreign worker program.
Kenney said he’ll consider changes in specific areas with very low levels of unemployment in regions with a higher level.
But Kenney made it clear he won’t compromise on the core goal of his controversial overhaul to the program: Making sure employers don’t use it as a cheap source of labour when they could be hiring unemployed Canadians.
“I did reiterate that these important changes are designed to ensure that Canadians always come first in our job market and that the temporary foreign worker program is only a last, limited and temporary resort,” Kenney said in Charlottetown after a meeting with provincial labour ministers.
Kenney said that after listening to the concerns of the provinces and territories, he is taking the grievances seriously.
– See more at: http://www.hrreporter.com/articleview/21737-kenney-to-consider-local-exemptions-to-tfw-program-after-provincial-complaints#sthash.HmmqMz7D.dpuf
With compliance requirements on the rise, along with demands on in-house compliance teams, the risks of failing to meet those demands have increased in many industry sectors. The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), U.S. health care reform, the Physician Payment Sunshine Act, the Foreign Account Tax Compliance Act (FATCA) and the Markets in Financial Instruments Directive II are just a few developments that have resulted in increased compliance responsibilities. In addition, there have been impacts from longer standing, and often evolving, regulations in areas such as product safety, quality, anti-money laundering and others.
For some organizations, there is a need to keep all compliance activities in-house due to regulatory requirements or other sensitivities, where outsourcing is not an option. For others, outsourcing part or all of their compliance function may be an alternative worth considering. [Read More…]
Julia Strickland, Leading Californian Litigator, on Getting to the Top in Law – See more at: http://www.thenextwomen.com/2012/12/21/julia-strickland-leading-californian-litigator-getting-top-law#sthash.rK6XRXEF.dpuf
Measuring Compliance Programs: Are CCOs Using the “Right” Metrics?
Chief compliance officers (CCOs) have long struggled to find the right way to measure the effectiveness of their compliance programs. According to In Focus: Compliance Trends Survey 2014, a report released by Deloitte & Touche LLP and Compliance Week, 23% of respondents say they don’t measure effectiveness at all. That is an improvement from the first incarnation of the survey four years ago when 38% of CCOs said they didn’t measure effectiveness and 31% who said the same in 2013. Still, other evidence suggests CCOs aren’t wholly comfortable with the metrics they use. The report, generated from a survey of more than 200 compliance executives across corporate America and overseas, focuses on the metrics and resources of compliance executives. [Read More…]Julia Strickland, Leading Californian Litigator, on Getting to the Top in Law – See more at: http://www.thenextwomen.com/2012/12/21/julia-strickland-leading-californian-litigator-getting-top-law#sthash.rK6XRXEF.dpuf
Surviving & Thriving in the Current Risk Management & Regulatory Environment
t’s a big challenge to represent the top financial institutions in the world. It’s even more challenging when most of these firms are in New York and you are based in Los Angeles.
But one remarkable attorney accomplishes this task and succeeds with distinction. Julia Strickland stands at the pinnacle as the class action defense litigator and source for compliance and regulatory advice for the financial industry. No one in California represents as many high-profile financial institutions as her—and no one is more successful in defending those firms in class actions and in dealings with state and federal regulators.
Her impressive roster of clients includes American Express, Citibank, JP Morgan Chase, Discover, HSBC, Sallie Mae, PayPal and many others. She manages the Los Angeles office of Stroock & Stroock & Lavan LLP. She has been at Stroock since 1978 and was the first summer associate in the Los Angeles office in 1977. She is a member of the Firm’s Executive Committee. She oversees fifteen attorneys in her Class Action/Financial Services Group.
– See more at: http://www.thenextwomen.com/2012/12/21/julia-strickland-leading-californian-litigator-getting-top-law#sthash.rK6XRXEF.dpuf
How financial institutions can leverage compliance initiatives to improve their business with a 360-degree view of the customer.
With rapid change transforming the lending and leasing lifecycle and ecosystem, it’s important to recognize that financial institutions continually operate in an environment of both constraint and opportunity:
- Constraints drive necessary change. If a financial institution doesn’t adapt to regulatory requirements and manage risk in a cost-effective way, it faces enforcement actions, extinction through acquisition, or worse.
- Opportunity is defined by acting in response to change in ways that lead to greater competitive advantage and, in the case of businesses, increased profitability.
Creating a Client-Driven FATCA Program
Financial institutions are earnestly undertaking the work necessary to comply with the Foreign Account Tax Compliance Act (FATCA), but are they focused on the right steps? By creating a solid FATCA guideline, institutions can streamline the development of their FATCA program while developing a structured, consistent approach to client outreach and response management. It will also ease the path to compliance, reduce costs, and ultimately, support interactions that contribute to, instead of detracting from, strong client relationships. [Read More…]Julia Strickland, Leading Californian Litigator, on Getting to the Top in Law – See more at: http://www.thenextwomen.com/2012/12/21/julia-strickland-leading-californian-litigator-getting-top-law#sthash.rK6XRXEF.dpuf
Stress Testing: From Regulatory Burden to Catalyst for Business Transformation
Six years after the onset of the 2008 financial downturn, financial institutions are reconciled with the fact that more rigorous and frequent stress testing is here to stay. While banks must garner their resources to ensure compliance with increasingly demanding stress-testing standards, they should also find ways to put this investment to work to enhance the overall performance and profitability of their organizations.
In many cases, financial institutions remain focused on simply fulfilling the regulatory requirements of stress testing, and overlook an important opportunity to use the information gathered through these labor-intensive efforts to peer into their operational DNA and drive their institutions forward. Finding new ways to use this information as a proactive and dynamic management tool will help leadership gain new perspectives, improve decision making, and provide financial institutions with long-term value. [Read More…]Julia Strickland, Leading Californian Litigator, on Getting to the Top in Law – See more at: http://www.thenextwomen.com/2012/12/21/julia-strickland-leading-californian-litigator-getting-top-law#sthash.rK6XRXEF.dpuf
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When: Wednesday, November 19, 2014 to Thursday, November 20, 2014
Where: Allstream Centre, Toronto
To Learn more visit: www.RegulatoryComplianceforFIs.com