All articles by Neil Hodge – Page 30

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

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.

Blog

Cheques and balances

2017-03-14T15:30:00Z

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.

Article

Reporting on climate risks on the bottom line

2017-03-14T13:45:00Z

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.

Article

Cement, compliance, and crimes against humanity in Syria

2017-03-14T12:45:00Z

Multinational cement company Lafarge’s alleged collusion with ISIS to keep a Syrian plant operational would have made it complicit in crimes against humanity.

Article

U.K. Post Office faces group litigation order over IT flaw

2017-03-07T14:30:00Z

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.

Article

OECD releases guidance to ensure responsible business conduct in garment industry

2017-02-28T10:30:00Z

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.

Article

Insider trading allegations at Deutsche Borse could complicate LSE merger

2017-02-22T13:15:00Z

Did Deutsche Borse CEO Carsten Kengeter make a lucky stock purchase in his own company, or did he act on inside knowledge of a planned merger with LSE? Neil Hodge reports.

Article

British police act as financial regulator in HBOS takedown

2017-02-14T09:15:00Z

British police arrested six people this week—two of them managers of banking and insurance firm HBOS—to end a six-year fraud investigation into a decade-old scandal. Neil Hodge reports.

Article

Romania faces anti-corruption demonstrations

2017-02-08T14:30:00Z

Romania’s attempt at amending legislation to make it more tolerant to abuse by government officials was far from well received by the general public, writes Neil Hodge.

Article

FRC spells out governance flaws and bids for more powers

2017-02-07T10:30:00Z

The Financial Reporting Council has published its annual report on corporate governance, and it looks as if boards need to do more to improve their corporate governance and reporting practices, writes Neil Hodge.

Article

Cartel enforcement: all the rage in Europe

2017-02-07T09:00:00Z

What happens when big companies engage in cartel-esque behaviour? Neil Hodge offers some tips on how to avoid the fate of firms gone bad.

Article

Churchill Mining loses $1.3bn fraud claim against Indonesian government

2017-01-24T14:00:00Z

Neil Hodge explores the case of London-based Churchill Mining, which lost its compensation claim against the Indonesian government, after alleging its Indonesian business partner had forged documents. An international tribunal ruled against Churchill, citing inadequate due diligence and other unheeded red flags.

Article

Inditex €585m (U.S.$626M) tax sidestep could have big ripple effects

2017-01-18T13:00:00Z

A massive tax avoidance scheme by a global clothing retailer could promote much tighter corporate tax rules across Europe. Neil Hodge reports.

Blog

IMF’s Christine Lagarde convicted of financial negligence

2017-01-11T09:15:00Z

French court says Lagarde was “negligent” for failing to appeal arbitration award to former Mitterrand-era minister, writes Neil Hodge.

Article

Ireland appeals EC Apple tax ruling

2017-01-04T13:00:00Z

Nothing but trouble ensues when Apple fights a multibillion-dollar fine that Ireland doesn’t really want to enforce. Neil Hodge looks at Apple’s epic taxation struggle.

Article

EC takes action against 7 member states for failing to penalise VW

2016-12-22T11:00:00Z

Germany, Luxembourg, Spain, the United Kingdom, Greece, Lithuania, and the Czech Republic are all the latest fallout victims from VW’s Dieselgate, writes Neil Hodge.

Article

With Sapin II, is France finally cracking down on corporate crime?

2016-12-20T12:45:00Z

France currently ranks only 23rd out of 168 nations on its efforts to fight corruption, but that may change with the introduction of tough new regulations. Neil Hodge has more.

Article

Are pharma firms set for increased scrutiny?

2016-12-06T11:30:00Z

How pharmaceutical firms price their products is getting a lot of additional attention in the United Kingdom and United States. Neil Hodge reports.

Article

Slavery risks on compliance agenda

2016-11-29T11:45:00Z

With the number of people being sold into slavery on the rise every year (there are currently between 21 and 46 million victims of slavery worldwide, with one new victim every 4-8 seconds), experts discuss how to battle slavery risk in the corporate supply chain. Neil Hodge reports.