All Europe articles – Page 72
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Article
CMA launches first advertising campaign to curb cartels
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.
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Article
Henry VIII and the Great ‘Control and Paste’ Repeal Bill
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?
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Blog
Tesco, the SFO, and the FCA come to terms
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.
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Article
European Union updates AML rules
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.
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Article
U.K. Banking Standards Board releases inaugural benchmark report
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.
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Article
Bank of England deputy governor resigns over conflicts of interest
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.
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Article
IKEA: Compliance and enforcement are two sides of the same coin
IKEA and other large retailers in Europe have been accused of ignoring EU commercial transportation rules, suggesting a widespread flouting of the rules and the support of numerous unsustainable business practices.
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Blog
Institute of Directors offers its ideas on navigating Brexit
Handling the heavy lifting of a proper Brexit is going to be no small task, especially since nobody wants a great “vacuum period” between the U.K. Great Repeal Bill and whatever regulations are to follow.
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Blog
Cheques and balances
Sir Philip Green made a deal to pay two-thirds of his former company’s pension deficit last month to keep his reputation intact. But there’s not a lot to be thankful for.
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Article
Reporting on climate risks on the bottom line
The Financial Stability Board is pressuring companies to disclose in some way what their potential risk business impact from climate change risk might be, as this has become a growing concern for investors.
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Resource
Understanding the compliance challenges of GDPR
Produced by Compliance Week in cooperation with Hewlett-Packard Enterprise, this eBook explores what compliance challenges the EU’s General Data Protection Regulation brings, and how to overcome the hurdles.
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Article
Yet another brouhaha over pay in the U.K. is brewing this year
Bringing CEO pay in line with lower-rank workers isn’t a bad idea, but implementing it poorly can make it one.
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Article
U.K. Post Office faces group litigation order over IT flaw
How could a computer error result in postal workers going into debt and going to jail for financial shortfalls that never actually occurred? Sub-postmasters are joining a group legal action against the U.K. post office for fraud accusations.
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Blog
The Vinci code: fake news press releases
A fake press release sent French construction firm Vinci into a downward spiral, provoking action from the Autorité des Marchés Financiers to get busy on reforms to prevent such damaging incidents.
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Article
U.K. weighing reforms for corporate economic crime
Jaclyn Jaeger discusses the United Kingdom’s battle against economic crime and what the country is doing to promote good corporate governance.
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Article
OECD releases guidance to ensure responsible business conduct in garment industry
Neil Hodge offers a look at guidance from the Organisation for Economic Cooperation and Development meant to help businesses in the garment industry identify and mitigate risk in their supply chains.
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Article
Sapin II aims to challenge France’s culture of corruption
France’s anti-corruption law reflects its growing interest in embracing whistleblowing and getting clear of U.S. FCPA enforcement actions. Rodrigo Amaral reports.
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Blog
ICSA initiates governance sea change
A call to overhaul the U.K. board governance system involves an unlikely alliance of organizations that underscores just how badly some camps want change. Paul Hodgson has more.
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Blog
U.K. House of Commons passes asset-freezing bill for human rights violators
The U.K. House of Commons this week passed by unanimous vote a draft bill that would allow the British government to freeze the U.K. assets of international human rights violators in the United Kingdom. Jaclyn Jaeger reports.
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Article
Lost in fraud translation
Paul Hodgson explores the case of Jacques de Groote, the 90-year-old former CEO of the World Bank and director of the International Monetary Fund, who has spent the last decade in court battling allegations of fraud and corruption.