All House of Lords articles
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PremiumNew U.K. codes strive to restore falling trust, integrity
Codes of ethics and conduct are becoming ubiquitous, yet instilling high standards of corporate integrity still seems an elusive goal. Why is corporate culture such a challenge?
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Blog
Report stage begins on Sanctions and Anti-Money Laundering Bill
The Sanctions and Anti-Money Laundering Bill began its report stage this week, offering further opportunity to examine the bill and make changes. Two amendments to the bill were made.
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Blog
Fallout of corruption in South Africa worries U.K. government
The House of Lords, the U.K. Parliament’s upper chamber, debated this month what action the U.K. government is taking to prevent money laundering through British banks by families and businesspeople linked to the government of South Africa.
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Blog
U.K. Parliament Scraps ‘Burden of Proof’ for Bankers
It’s official—bankers won’t have to worry about being held accountable for misconduct on their watch. Earlier this week, the U.K. Parliament’s Treasury Committee made a last-minute change to abandon the “burden of proof” rule for bankers. In other words, while bankers will have to fulfill their statutory duty of responsibility, ...