Discussion Forum - Page 62 of 116 - The Board Director Training Institute of Japan (BDTI)

Kenya to Set Quotas for Female Directors in Corporate Governance Code

”Kenya’s Capital Markets Authority (CMA) is reviewing the Code of Corporate Governance that will among other things make sure women representation on boards of public listed companies is legalised.

Initially, the regulator wanted companies to abide by the guidelines without making it legal, but CMA Chairman Kung’u Gatabaki complained of lethargy in appointing women to the boards.

He said the issue of men dominating boards is overdue and it was time the corporate world supports women leadership.

Presentation by Nicholas Benes at the TSE: “Whither Goes Corporate Governance, Goes the Future of Civilization”

On Wednesday March 12,BDTI Representative Director Nicholas Benes gave a presentation to a group assembled by theJapanese-German Business Association, at the TSE. In the presentation, entitledWhither Goes Corporate Governance, Goes the Future of Civilization, Mr. Benes also explained his reasons for establishihng BDTI.

Whistleblower on JP Morgan Will Receive a $64 Million Reward for Tip Leading to a FCA Violation Settlement

The whistleblower will get $64 million as a reward for tips leading to this settlement on a FCA violation: (DOJ) The Department of Justice today announced that JPMorgan Chase (JPMC) will pay $614 million for violating the False Claims Act by knowingly originating and underwriting non-compliant mortgage loans submitted for insurance coverage and guarantees by […]

Nicholas Benes Speaks at the DJW Working Group “Finance” Meeting on Wednesday, March 12 at the Tokyo Stock Exchange

Working Group Finance“ within the DJW (Japanese-German Business Association)

It is my pleasure to invite you and your acquaintances to the next meeting of the Working Group “Finance” within the DJW (Japanese-German Business Association).

The meeting will be held on Wednesday, March 12th 2014, 5:30pm-7pm (JPT) at the Tokyo Stock Exchange building, 2-1 Nihonbashi Kabutocho, 103-8220 Tokyo.

FT: “Auditors Blow Whistle on Inadequate Procedures for Reporting Crises” (hot lines)

A survey by the Chartered Institute of Internal Auditors, whose members advise boards on the effectiveness of controls to manage risks, found that only 69 per cent said their organisation’s whistleblowing arrangements were effective.More than nine out of 10 had whistleblowing arrangements in place. But in more than half of organisations, people responsible for handling calls from whistleblowers received no training in how to do so. Nearly half of respondents said their organisation provided no feedback or progress updates to whistleblowers.

“Ex-Denso Exec to be Jailed in U.S. Over Obstructing Cartel Probe”

Kyodo -Feb 21, 2014 WASHINGTON – A former executive of Japanese auto parts maker Denso Corp. will be jailed in the United States after pleading guilty to obstructing a 2010 investigation of a price-fixing allegation, the U.S. Justice Department said Thursday.

The move was part of the department’s probe of price fixing in the auto parts industry in which it cracked down on 29 people, including the former Denso executive, and 26 companies including Japanese ones.

“Ex-Denso Exec to be Jailed in U.S. Over Obstructing Cartel Probe

Kyodo -Feb 21, 2014 WASHINGTON – A former executive of Japanese auto parts maker Denso Corp. will be jailed in the United States after pleading guilty to obstructing a 2010 investigation of a price-fixing allegation, the U.S. Justice Department said Thursday.

The move was part of the department’s probe of price fixing in the auto parts industry in which it cracked down on 29 people, including the former Denso executive, and 26 companies including Japanese ones.

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