All Europe articles – Page 59
-
Article
FCA’s limited powers give Royal Bank of Scotland a pass
The Royal Bank of Scotland has escaped penalties for its alleged abuse of small businesses, due to the Financial Conduct Authority’s admitted lack of sway.
-
Article
MPs slam U.K. attitude to workplace sexual harassment
Employers, regulators, and the U.K. government are not doing enough to tackle “widespread” instances of sexual harassment in the workplace, according to Members of Parliament committee.
-
Blog
Collusion, cartels, and emissions cheating in the car industry
In an as-yet unreleased—officially, at any rate—letter, the EU’s industry and climate commissioners Miguel Cañete and Elzbieta Bienkowska outline evidence of widespread manipulation in the car industry of new emissions tests, known as the Worldwide Harmonised Light Vehicle Test Procedure (WLTP).
-
Blog
European Commission fines four consumer electronics makers for fixing online resale prices
The European Commission on July 24 fined four consumer electronics makers for imposing fixed or minimum resale prices on their online retailers in breach of EU competition rules. The more than €111 million in fines were in all four cases significantly reduced due to the companies' cooperation with the Commission.
-
Article
New U.K. rules broaden accountability of senior managers
Britain’s financial services industry is bracing for new rules that will significantly broaden the scope of senior executives who will be personally held to account to U.K. regulators for failures that occur under their watch.
-
Blog
Google fined $5 billion for breaching EU antitrust rules
The European Commission has fined Google €4.34 billion (U.S. $5.05 billion) for breaching EU antitrust rules.
-
Article
U.K. businesses poke holes in Brexit plan
The U.K. government’s blueprint on how it thinks Brexit should pan out was hardly going to please everyone, and in that regard it has lived up to expectations.
-
Blog
Law firm files alleged evidence of bribery against former client
U.K.-based mining giant Eurasian Natural Resources Corp. is suing its former counsel and U.K. regulator the Serious Fraud Office for their complacency in leaking information about an investigation into the company for alleged bribery and corruption.
-
Article
Revised U.K. governance code gives workers more of a voice
The U.K.’s corporate governance regulator on Monday announced a series of changes to improve public trust in large companies following criticism that boards are still too interested in fat-cat pay deals and short-term goals, and investors are too sleepy or timid to exert proper influence.
-
Blog
SFO issues arrest warrant for Eurasian Resources Group CEO
The U.K. Serious Fraud Office announced that a warrant for the arrest of the CEO of Luxembourg-based Eurasian Resources Group has been issued over his failure to appear for questioning in an ongoing corruption investigation.
-
ArticleTheresa May outlines her vision for Brexit
Two years after U.K. citizens voted for the country to withdraw from the European Union, Prime Minister Theresa May at last unveiled her vision of Brexit.
-
Blog
Commissioner presses for modern slavery central registry
U.K. Independent Anti-Slavery Commissioner Kevin Hyland has issued an ultimatum to the government to get moving on setting up a central, state-owned registry for corporate modern slavery statements that he wants in place before he leaves office.
-
Article
Bank of England: EU not doing enough to combat Brexit risks to financial services
The Bank of England thinks the United Kingdom has made positive “progress” on handling the risks of disruption to financial services likely to be caused by Brexit, but adds there has been a lack of similar action from the European Union.
-
Blog
Consumer advocacy groups urge FTC to investigate Google, Facebook
Several consumer advocacy groups in the United States are urging the U.S. Federal Trade Commission to investigate what they say are “misleading and manipulative tactics” by Google and Facebook in violation of the General Data Protection Regulation.
-
Article
French telecom execs face trial for moral harassment
Former executives of French telecom firm Orange have been charged under the country’s “moral harassment” law for encouraging an extremely high-pressure business environment, which reportedly led to more than 30 employee suicides.
-
Blog
Harley-Davidson: Cost implications of EU retaliatory tariffs
Harley-Davidson plans to shift production of its motorcycles for EU destinations out of the United States to its international facilities to avoid the EU’s retaliatory tariffs, providing a glimpse into the broader cost implications that the trade war is expected to have on global companies.
-
Article
What to expect under the new SFO Director
The U.K. Serious Fraud Office—the agency that both investigates and prosecutes white-collar and financial crimes in the United Kingdom—is set to begin a whole new chapter in its 30-year history, with implications on U.K. companies facing investigations for economic crimes.
-
Blog
EU retaliates against U.S. steel, aluminum tariffs
The European Commission adopted on June 20 a regulation putting in place the EU’s rebalancing measures in response to U.S. tariffs on steel and aluminum. The measures will immediately target a list of products worth €2.8 billion (U.S. $3.2 billion) and will come into effect on June 22.
-
Article
A boon for U.K. financial services firms: climate disclosure guidance
New climate disclosure guidance from The European Bank for Reconstruction and Development, meant to be promoted by G20 countries, will help the largest companies in the world with how they disclose long-term impacts of climate change in their financial results. The guidance is especially sought after by financial services firms.
-
Article
BMW to blame for delayed recall that led to driver’s death
Carmaker BMW’s delay in recalling U.K. cars with an electrical fault contributed to a driver’s death, a U.K. inquest has found.