Recently by Robert E. Bostrom
GC Outlook: Clear and Stormy: In a crisis, it's easy to contribute. The challenge is when it's calm.
Introduction: As the role of general counsel has evolved, they are increasingly called upon to provide corporate boards with advice on company strategy and business operations. This has led the National Association of Corporate Directors (NACD) to launch a new initiative, the Strategic-Asset...
Read MoreDelivering The Compliance Message - The General Counsel As Persuasive Counselor
Editor: Bob, please tell us about Freddie Mac. Bostrom: Many people believe that Freddie Mac is a part of the government or serves as a lender. In fact, we are neither of those things. We are a stockholder-owned, NYSE-listed company that was chartered by Congress in 1970 with the mission of...
Read MoreResponding To The Evolving Roles And Responsibilities Of Boards Of Directors And Audit Committees: The Importance Of A Compliance Risk Assessment - Part II
The following checklist suggests some, but certainly not all, of the kinds of questions that Boards of Directors and, in particular, Audit Committees should be asking management: Do compliance risk managers or a risk management committee have the authority and backing of the Board? Has the...
Read MoreResponding To The Evolving Roles And Responsibilities Of Boards Of Directors And Audit Committees: The Importance Of A Compliance Risk Assessment - Part I
By now Boards of Directors, Audit Committees and management should be aware of the impact of the U.S. Sentencing Guidelines, Sarbanes-Oxley Act, NYSE Listing Standards, COSO Framework for Enterprise-Risk Management and PCAOB Audit Standard No. 2 on the evolving roles and responsibilities of Boards...
Read MoreCompliance, Risk Management And Internal Controls: A Checklist For Corporate Counsel - Part II
Part I appeared in the July 2004 issue of The Metropolitan Corporate Counsel. Part II covers questions to be considered by corporate counsel with respect to the checklist included in Part I. It also covers the codes of ethics requirements of Sarbanes-Oxley, NYSE and NASDAQ and questions pertaining...
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