disclosure News

Michigan-Based Kellogg to Suppliers: Disclose Carbon Emissions

Kellogg said it will step up efforts to reduce planet-warming emissions in its supply chain as part of a broader initiative designed to be more environmentally friendly. Under the plan, the Battle Creek, Mich.-based food products manufacturer will require key …

IIABNY, CIBGNY File Appeal of Producer Compensation Disclosure Regulation

The Independent Insurance Agents & Brokers of New York and the Council of Insurance Brokers of Greater New York have filed a formal appeal of a trial court ruling that upheld a controversial state regulation. Attorneys from the law firm …

SEC Seeks More Disclosure by AIG on Credit Ratings

The U.S. Securities and Exchange Commission has asked insurer American International Group (AIG) to provide more disclosure about how and why it assigns credit ratings to investments in its portfolio, according to letters between the regulator and the company disclosed …

EU Doesn’t Need More Corporate Governance Rules Say Risk Managers

The Federation of European Risk Management Associations (FERMA) has told the European Commission that it should start with “implementation and robust enforcement” of existing EU corporate governance rules on risk management, rather than creating new ones now. FERMA made the …

Draft Data Breach Bill Requires Quick Disclosure

Draft legislation is being circulated in Congress that would require firms to make reasonable efforts to secure customers’ personal data and to provide quick disclosures in the case of a data breach. U.S. Representative Mary Bono Mack, who has held …