The U.K. government says those executives who mismanage company pension schemes could face a jail sentence of up to seven years.
Neil Hodge
Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal issues for a wide range of publications in the United Kingdom and United States.
Posted inFrom the Archive
German competition authorities take Facebook to task
Germany’s competition regulator has cited Facebook for forcing consumers to give blanket approval to the social media giant’s terms and conditions without being privy to how and how often their data is actually being shared.
Posted inEurope
Privacy violations surge despite Europe’s tougher regs
A steep uptick in potential privacy violations has hit Europe, eight months after it issued stringent data privacy regulations.
Posted inEurope
New system opens up EU business trade with Iran
The United Kingdom, Germany, and France have created a new payments system to allow European businesses to trade with Iran without falling foul of U.S. sanctions.
Posted inEurope
Little external audit improvement post-Carillion collapse
Only half of U.K. company secretaries feel that the level of service their organisations get from their external auditor has improved in the wake of the Carillion crisis and other corporate governance scandals.
Posted inEurope
U.K.’s top ethical lapses in 2018
The Institute of Business Ethics has recorded which industries had the most negative news coverage in the past year.
Posted inEurope
Muddled DPA outcome for Tesco accounting fraud scandal
The U.K. Serious Fraud Office has released details of the deferred prosecution agreement it struck with Tesco—on the same day the supermarket chain’s former finance director accused of the accounting fraud was acquitted.
Posted inEurope
French data regulator fines Google under GDPR
France’s data protection regulator recently slapped Google with a substantial €50 million (U.S. $57 million) fine for failing to provide users with clear, accurate, and informative details on its data use policies.
Posted inEurope
Ample fallout from May’s Brexit vote defeat
British regulators and Members of Parliament had some serious comments and concerns after Tuesday’s 432-to-202 vote against U.K. Prime Minister Theresa May’s Brexit plan.
Posted inEurope
EU investigates Nike over tax
The European Commission has opened an in-depth investigation to examine whether the Dutch government unfairly helped U.S. sportswear company Nike avoid paying taxes on its European profits through a series of favourable tax rulings.
