Strategic Risk: A key strategic risk highlighted by the FDIC is the potential misalignment of incentives between the insured institution and its third-party
The group, created to research third-party
access and recommend best practices, consists of security and IT experts from Aberdeen Group, Akamai, Assurant, BrightPoint Security, CKURE Consulting, Hunt Business Intelligence, PwC and Symantec.
NASAA's recently released enforcement survey reflecting data for 2013, which tracked for the first time fraud related to third-party
custodians of self-directed IRAs, found that securities regulators opened 92 investigations and initiated 13 formal enforcement actions involving third-party
custodians of self-directed IRAs last year.
Pursuant to General Obligations Law [section] 15-108(b), "[a] release given in good faith by the injured person to one tortfeasor as provided in [General Obligations Law [section] 15-108(a)] relieves him [or her] from liability to any other person for contribution as provided in article fourteen of the civil practice law and rules" Here, the plaintiffs executed a general release in favor of the third-party
If the employee did not obtain an acceptable third-party
offer, he or she could transact a regular sale through the RSC.
The letters and power of attorney forms from the supposedly separate and independent third-party
collection agents encountered in this investigation were identical.
The defendant drug companies' conspiracy to prevent the sale of the generic version of Cardizem CD denied consumers and third-party
payers the opportunity to use a significantly less costly generic equivalent.
The proposed ethics ruling under Rule 201, "General Standards," and Rule 202, "Compliance With Standards," clarifies the application of Rules 201 and 202 to members who use a third-party
service provider in providing professional services to clients, and makes clear the committee's position that the member is responsible for all work performed by the service provider.
User auditors can use a Type I report only to understand the third-party
service provider's controls that impact their clients and to plan the audit work of their client's financial statements.
The code also states that a member remains responsible for ensuring the accuracy and completeness of the services provided by the third-party
She has little good to say about the third-party
efforts of recidivist presidential candidate Ross Perot and Minnesota Gov.
The draft circular provides a comprehensive review and interpretation of the third-party
civil penalty legislation and outlines CCRA's proposed guidelines for its administration.