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Thomson Reuters Wins 5 SABEW Best in Business Awards

Congratulations to our winners of 5 Society of American Business Editors and Writers (SABEW) Best in Business awards for 2010!

These wins demonstrate the success of our efforts in multimedia, commentary and enterprise reporting.

We had two winners in the category of Creative Use of Multiple Platform: The Frontier Markets web site (John Meehan, Claudia Parsons, Manuela Badawy, Danial Clark, Jeff Chen and the global team) won for the combined use of video, text, graphics and data to tell the story of countries with rapidly developing economies. The second was the iPad Teardown package (Gabriel Madway, Molly Riley, Greg Savoy, Richard Baum, Deborah Lutterbeck) won for its investigative reporting, live blog and visuals that peeled apart the iPad launch and identified its components

Breakingviews (team) won in the Opinion/Column category for its punchy and agenda-setting commentary sampling that looked at looked at economies, markets and companies. And, Scott McCleskey of Complinet, now part of Thomson Reuters Professional (Legal division), also won an award in this category for his column for its penetrating and original analysis of the Dodd Frank Act, the flash crash, and other issues in financial regulation. (more…)

Cost of Compliance Survey 2011: Increase in Regulatory Change

Our Governance, Risk & Compliance business has published its second annual Cost of compliance Survey for 2011 which reveals that firms expect another year of increased regulatory transformation and require more time, effort and money in order to manage the avalanche of changes.

Of the 337 global compliance professionals who responded to the survey, 71 percent said they foresaw that an increase in time and resource would be required to work with regulators and exchanges to ensure they were adequately prepared to meet regulatory requirements. The survey also highlighted the need for financial services firms to make sure that compliance functions operated in tandem with internal audit, risk and legal functions to ensure that there was a consistent and integrated approach to risk identification, management and mitigation.

For more information and to download the Cost of Compliance white paper, please visit www.complinet.com/cost-of-compliance/.