All Europe articles – Page 71

  • Blog

    SFO investigates Petrofac over Unaoil

    2017-05-15T11:30:00Z

    The U.K. Serious Fraud Office confirmed that it is investigating the activities of oilfield services provider Petrofac, its subsidiaries, and their officers, employees and agents for suspected bribery, corruption and money laundering.

  • Blog

    HPE releases GDPR Starter Kit

    2017-05-12T11:00:00Z

  • Article

    Control Risks compliance survey

    2017-05-09T12:30:00Z

    Companies are reluctant to invest in compliance and may be at risk of underestimating their exposure to tough laws that hold them to account for their operations and their supply chains, according to a new report.

  • Article

    Are shell companies a compliance nightmare?

    2017-05-09T10:45:00Z

    Deeply suspicious oil, gas, and mining deals that involve complex use of shell companies raise concerns over the use of shell companies themselves. They might be legal, but are they good compliance practice?

  • Blog

    U.K. probes KPMG for Rolls-Royce audits

    2017-05-08T14:15:00Z

    The United Kingdom’s independent accounting regulator said it has commenced an investigation into the conduct of KPMG for audits it performed on Rolls-Royce.

  • Article

    GDPR’s hidden e-mail risks

    2017-05-03T12:45:00Z

    With the EU’s tough new data protection standard fast approaching, a company’s e-mail system poses plenty of easily overlooked compliance risks.

  • Blog

    World Bank names vice president of integrity

    2017-05-02T12:45:00Z

    World Bank Group President Jim Yong Kim announced the appointment of Pascale Helene Dubois as World Bank Group Vice President for Integrity, effective July 1.

  • Article

    Moving toward GDPR readiness

    2017-05-02T08:45:00Z

    Companies have just about a year to comply with sweeping new EU data privacy law. For those organizations without strong data privacy programs in place, now is the time to start.

  • Article

    Ireland’s boardroom hopping a conflict of interest

    2017-04-25T13:15:00Z

    A recent survey from Ireland’s Institute of Directors highlights some key aspects of board of directors’ behaviour, including jumping from board to board, often a conflict of interest.

  • Article

    France adopts multinational duty of care law

    2017-04-25T09:45:00Z

    France has adopted a multinational law that aims to hold companies accountable for rooting out any unacceptable or criminal activity within their supply chains.

  • Blog

    LafargeHolcim CEO latest victim of non-compliance

    2017-04-24T14:30:00Z

    LafargeHolcim CEO Eric Olsen will resign on 15 July this year, in response to the company’s enquiry into the conduct of its Syrian subsidiary between 2010 and September 2014, in which the subsidiary did business with terrorists who had taken control of the territory surrounding the LafargeHolcim’s cement plant.

  • Article

    The Financial Reporting Council makes its case for broader powers

    2017-04-18T14:30:00Z

    An influential committee of Members of Parliament has recommended a wide-ranging series of changes aimed at boosting the powers of the U.K.’s corporate governance regulator.

  • Blog

    British PM calls for early election

    2017-04-18T09:45:00Z

    British Prime Minister Theresa May is calling for an early election in hopes to foil Brexit opposition plans.

  • Article

    Compliance, Rolls-Royce, and DPAs—what went wrong?

    2017-04-11T13:30:00Z

    If the Rolls-Royce deferred prosecution agreement is any indicator, the Serious Fraud Office plans to make heavier use of DPAs going forward, especially for companies with paper compliance programs.

  • Article

    CMA launches first advertising campaign to curb cartels

    2017-04-11T13:00:00Z

    The Competition and Markets Authority is putting out a £100,000 (U.S.$124,822) bounty for those who blow the whistle on cartel activity, but not everyone wants to pay for disclosure.

  • Article

    Henry VIII and the Great ‘Control and Paste’ Repeal Bill

    2017-04-11T08:45:00Z

    The U.K. government’s Great Repeal Bill has been dubbed the “Control and Paste” Bill, because it seems to take EU law & paste it into English law ... but how does Henry VIII factor in?

  • Blog

    Tesco, the SFO, and the FCA come to terms

    2017-04-05T11:15:00Z

    Tesco Stores will pay a £129 million (U.S.$161.4M) fine over a 2014 misstatement of the retailer’s profits. The fine, part of a deferred prosecution agreement with the Serious Fraud Office, is a clarion call for all companies to strengthen their internal controls.

  • Article

    European Union updates AML rules

    2017-04-04T12:00:00Z

    The European Union is proposing some updates to anti-money laundering rules in an attempt to streamline coordination among member states in fighting terrorism financing and money laundering.

  • Article

    U.K. Banking Standards Board releases inaugural benchmark report

    2017-03-28T10:30:00Z

    An inaugural report on the overall state of banking culture in the U.K. suggests a widespread respect of risk and compliance, but not so much for speaking up and accountability.

  • Article

    Bank of England deputy governor resigns over conflicts of interest

    2017-03-21T14:30:00Z

    Charlotte Hogg had all of two weeks to enjoy her new position as deputy governor at the BoE before she had to resign for failing to disclose that her brother also worked there.