All articles by Neil Hodge – Page 29

Article

New guidance for best practices on human rights

2017-11-14T12:00:00Z

A new guidance is giving compliance officers the tool they need to benchmark their own organization’s efforts to protect, respect, and remedy human rights.

Article

Bank of England: Banks not prepared for Brexit

2017-10-31T11:00:00Z

European banks are under-prepared for Brexit and could lose access to the City of London if they do not move quickly to apply for a U.K. banking licence, a Bank of England committee has warned.

Article

EC takes on Ireland and Luxembourg over tax avoidance

2017-10-24T11:30:00Z

The long-simmering disputes over Ireland and Luxembourg’s tax treatment of Apple and Amazon are about to reach a boiling point with the European Commission.

Article

European Commission hits Scania with €880m cartel fine

2017-10-17T11:45:00Z

One of Europe’s largest truck manufacturers prepares to fight a massive fine over allegations surrounding a long-running price-fixing cartel.

Article

Preparing for the U.K. Criminal Finances Act

2017-10-03T10:00:00Z

A new law holds that companies active in the U.K. could be subject to U.K. criminal proceedings if an employee anywhere in the world facilitates tax evasion.

Article

U.K. Pensions Regulator prosecutes Chappell over BHS acquisition

2017-09-26T12:30:00Z

All executives need to be held to account for corporate failures—and not just those who can’t afford to buy their way out of trouble.

Article

U.K. corporate governance reforms

2017-09-12T14:15:00Z

Neil Hodge explores the government’s corporate governance reform proposals relating to executive pay; strengthening the employee, customer, and supplier voice; and large, privately held businesses.

Article

FRC consults on strategic report

2017-09-06T09:30:00Z

The FRC has proposed amendments to strategic reporting guidance in the hopes that companies will expand their range of non-financial reporting to give stakeholders a better understand of companies’ decision making and corporate strategies.

Article

Is it impossible to operate cleanly in some countries?

2017-09-06T09:30:00Z

Corruption may be seen as being “endemic” in some regions, but that cuts no ice with prosecutors in the United Kingdom. To them, a bribe is still a bribe.

Article

U.K. considering proposals to enforce better cyber-security

2017-08-22T09:15:00Z

As the U.K. tries to get businesses to protect themselves better against cyber-risk, recently proposed rules all have significant compliance implications.

Article

SFO announces Rio Tinto corruption investigation

2017-08-08T12:00:00Z

Rio Tinto faces large fines if it is found to have engaged in corrupt activity over its massive Simandou iron-mining project in Guinea. Heads have already rolled over it.

Article

Keys to a better whistleblower program

2017-08-01T14:45:00Z

Organisations with robust speak-up programs can address compliance problems pre-emptively, but building such programs can be tricky. Here are 12 tips how.

Article

Brexit relies on Great Repeal Bill to work, but outcome is still uncertain

2017-07-25T13:45:00Z

The British government is in a race against time to stave off legislative chaos once Brexit becomes official, but so far, the stopgap measures seem less than perfect.

Blog

Learning from the BHS pensions debacle

2017-07-25T13:45:00Z

If a regulator wants to deflect blame from itself, it had better come up with a set of credible changes and even better—a proper apology.

Article

BNP Paribas faces fresh accusations over involvement with Rwandan genocide

2017-07-18T11:15:00Z

Lingering accusations that BNP Paribas processed transactions that helped finance the 1994 Rwandan genocide continue to dog one of France’s largest banks.

Article

Brexit provides plenty of compliance opportunities

2017-07-11T11:30:00Z

The 2019 Brexit deadline is creating a host of big opportunities for companies to boost their compliance programs, and for compliance professionals to show their worth.

Article

How Barclays gave itself a case of Cadmium poisoning

2017-07-05T10:45:00Z

Barclays is in hot water with the SFO over a conspiracy (code-named Cadmium) to engage in illegal lending with Qatar at the height of the financial crisis.

Article

Ireland takes baby steps toward protecting whistleblowers

2017-06-27T14:30:00Z

No country has a perfect record when it comes to protecting whistleblowers, but Ireland is trying to take steps in the right direction, even if progress remains uneven.

Article

Cruel Britannia? U.K. grapples with modern slavery in its own backyard

2017-06-26T11:00:00Z

There is far more modern slavery in the United Kingdom than one might think, but regulatory efforts have led to a sharp rise in referrals, awareness, and detection of forced labour.

Blog

Grenfell Tower offers grim reminder of third-party risk

2017-06-20T14:15:00Z

Companies may need to audit how their products are used if they want to avoid being tainted by association with future disasters.