Connect with us
European Gaming Congress 2024

Blockchain Press Releases

Competent Boards™ launches subscription learning service to keep boards and executives compliant

Published

on

competent-boards™-launches-subscription-learning-service-to-keep-boards-and-executives-compliant

An innovative SAAS learning platform for organizations focused on building business value through ESG, climate, and biodiversity competence.

TORONTO, Aug. 17, 2023 /PRNewswire/ — Competent Boards, the pioneer and premier provider of corporate sustainability, ESG, climate and biodiversity training programs, has launched an innovative subscription service aimed to help boardrooms comply with new regulatory disclosure requirements and adapt to a changing business landscape.

The service provides access to 18 upskilling programs on vital and current leadership topics with quarterly training status reports to keep boards competent, focused on building value, and fit for purpose. The service is scalable and flexible so boards and business leaders can tailor their education to fit their needs, enhancing their credibility and reputation. 

With the 2023 release of IFRS S1 (general disclosures) and S2 (climate disclosures), board members and executives face a new challenge in gaining and reporting sustainability and climate-related competencies. Regulators such as the European Commission have released similar standards, with the U.S. SEC expected to do the same soon. This has accelerated the need for clear, pragmatic education for directors and executives that’s up-to-date and delivers transparent, tangible value to all facets of business.

“Management must now disclose the abilities of the board to oversee sustainability and climate risks and opportunities, or face consequences that impact their reputation and viability,” said Helle Bank Jorgensen, Chief Executive Officer of Competent Boards. “Boards have to ensure they and management have the competence, capability and capacity to create long-term value in the face of disruption and uncertainty. We have trained directors in over 50 countries to be ready not just for the challenges, but also the opportunities”, she added.

Advertisement
Stake.com

The new subscription service, available on a SAAS platform, gets senior leaders upskilled quickly so they are compliant, and have the proper insight to provide oversight and foresight on issues ranging from climate to human rights, AI, cybersecurity and more.

Directors and management from the Ontario Teachers’ Pension Plan, Moody’s Analytics, General Electric, Export Development Canada, Azure Power and others have worked with Competent Boards to ensure they are prepared to meet sustainability competency requirements.

About Competent Boards

Competent Boards™ is the original provider of online environment, social, governance (ESG) and climate education programs for board directors, senior business leaders and investors across the globe. More than 180 of the world’s top board members, C-suite executives, investors, and other experts make up the faculty who deliver the programs. Competent Boards was founded by Helle Bank Jorgensen, who has 30 years of experience in turning ESG risks into innovative and profitable business opportunities. She is the author of the Amazon bestseller, Stewards of the Future: A Guide for Competent Boards, and a member of the Nasdaq Center for Board Excellence’s Sustainability & ESG Insights Council. Visit https://competentboards.com.

CONTACT: Nancy Wright, Chief Operating Officer, nw@competentboards.com

Logo – https://mma.prnewswire.com/media/2187881/Competent_Boards_Competent_Boards__launches_subscription_learnin.jpg

Advertisement
Stake.com

Cision View original content:https://www.prnewswire.co.uk/news-releases/competent-boards-launches-subscription-learning-service-to-keep-boards-and-executives-compliant-301903018.html

Continue Reading

Blockchain

Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches

Published

on

legal-luminary-sarah-brennan-champions-pioneering-crypto-regulation-approaches

Sarah Brennan, an accomplished figure in corporate and securities law, serves as General Counsel at Delphi Ventures, focusing on investments in the Web3 space. With over 14 years of experience in securities law and a deep involvement in digital assets since 2017, Brennan also co-leads LeXpunK, a collective dedicated to establishing legal frameworks for decentralized digital communities.

In a candid interview with a prominent cryptocurrency news outlet, Brennan discussed various critical topics. She addressed the emergence of crypto super PACs, funded significantly by major firms like Ripple and Circle, to counter strict SEC regulations. Brennan viewed the SAB 121 bill, backed by the US administration, as potentially isolating the crypto community from broader financial integration.

While acknowledging the influence of centralized entities in advocating for crypto interests, Brennan cautioned against replicating traditional financial hierarchies within the crypto sphere, which contradicts its revolutionary ethos. She expressed concerns about monopolistic scenarios that could dominate the crypto landscape, exerting excessive control over essential industry components and traditional financial operations.

Regarding regulatory challenges, Brennan advocated for tailored regulations to manage systemic risks posed by large centralized crypto institutions. She criticized the current regulatory opacity and inconsistency, which she believes have fostered suboptimal business practices. Through LeXpunK, Brennan endeavors to pioneer experimental legal structures that could redefine regulatory compliance for token issuances, though reception from policymakers has been lukewarm.

Advertisement
Stake.com

Looking ahead, Brennan emphasizes the need for proactive regulatory approaches using antitrust measures to prevent crypto monopolies, promote decentralization, and target bad actors. However, she highlighted the persistent communication gap between crypto-literate legal advocates and hesitant regulators as a significant obstacle.

Brennan continues to drive forward her mission through new advocacy platforms aimed at shaping the future of cryptographic regulation, navigating complexities to ensure balanced and effective regulatory frameworks in the evolving crypto landscape.

Source: shakirabrasil.info

The post Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches appeared first on HIPTHER Alerts.

Advertisement
Stake.com
Continue Reading

Blockchain

Italy Ramps Up Crypto Oversight in Line with MiCA

Published

on

italy-ramps-up-crypto-oversight-in-line-with-mica

Italy is preparing to strengthen its oversight of cryptocurrency markets to align with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This initiative, initially enacted in 2022, aims to impose stricter monitoring of digital asset markets, particularly targeting insider trading and market manipulation. Under the new decree, fines ranging from 5,000 to 5 million euros ($5,400 to $5.4 million) will be imposed based on the severity of violations, reinforcing compliance and market integrity.

For blockchain firms and decentralized finance (DeFi) protocols, MiCA presents significant challenges. These entities must decide between fully decentralizing their networks or complying with MiCA’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Fully decentralized networks are exempt from reporting requirements but risk non-compliance if they employ foundations or intermediaries moderating communities.

Centralized exchanges like Binance are adapting to MiCA by categorizing stablecoins as authorized or unauthorized, aligning with regulatory requirements without delisting these assets from spot markets. Uphold has similarly adjusted by delisting certain stablecoins for compliance purposes.

Despite regulatory pressures, experts are optimistic about stablecoins’ future. Figures like Jeremy Allaire, CEO of Circle, predict stablecoins could represent 10% of the money supply within a decade. They anticipate widespread adoption driven by benefits such as financial inclusion, lower remittance costs, and seamless cross-border commerce via public blockchains.

Advertisement
Stake.com

This regulatory framework underscores the transformative potential of stablecoins and blockchain technology within the global financial system.

Source: coinfomania.com

The post Italy Ramps Up Crypto Oversight in Line with MiCA appeared first on HIPTHER Alerts.

Continue Reading

Blockchain

1inch Network Teams Up with Blockaid for Shield API

Published

on

1inch-network-teams-up-with-blockaid-for-shield-api

1inch Network has collaborated with Blockaid to introduce the 1inch Shield API, a pioneering advancement in Web3 security. This collaboration aims to enhance user protection within decentralized finance (DeFi) by bolstering defenses against fraudulent tokens. Blockaid, renowned for its expertise in Web3 security solutions, utilizes advanced data analytics and machine learning to swiftly identify and flag scam tokens, safeguarding users from potential financial risks.

The 1inch Shield API also addresses compliance with Anti-Money Laundering (AML) regulations through continuous screenings of blockchain addresses. Powered by TRM Labs, this feature scrutinizes addresses for associations with sanctioned entities and illicit activities, preemptively restricting suspect addresses to prevent regulatory infractions.

Additionally, 1inch integrates Etherscan Pro’s blocklisting capabilities to proactively blacklist suspicious addresses, further fortifying its security measures.

This initiative marks a significant milestone in DeFi security, promising unparalleled levels of security and compliance. As 1inch continues to deploy this technology across its platform, it aims to provide developers and users with enhanced protection and confidence in navigating the Web3 landscape.

Advertisement
Stake.com

Source: cryptotimes.io

The post 1inch Network Teams Up with Blockaid for Shield API appeared first on HIPTHER Alerts.

Continue Reading
Advertisement
Stake.com
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE