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European Compliance

Compliance issues in the Eurozone are more pressing than ever, amid major changes such as data privacy, Brexit, global commerce, and the need to harmonize various international regulatory regimes. Compliance Week sees compliance not as an issue of any one nation or region, which is why we spotlight the regulatory, governance, compliance and ethics issues in Europe as part of our effort to bring you the most important information and insight from around the world.

News Article

U.S. regulators ponder Brexit plans, disclosure demands

Joe Mont | March 15, 2019

The planned—but still chaotic—divorce of the United Kingdom from the European Union could trigger disclosure demands for U.S. companies. The SEC’s Division of Corporation Finance has some advice.

Global Glimpses Blog

U.K. votes to delay Brexit

Neil Hodge | March 14, 2019

The United Kingdom’s Parliament voted 412-202 Thursday to ask the European Union for a delay to Brexit in yet another defeat for beleaguered Prime Minister Theresa May.

Global Glimpses Blog

Dutch DPA: Forcing users to agree to ‘cookies’ violates GDPR

Jaclyn Jaeger | March 14, 2019

The Dutch Data Protection Authority says giving visitors access to websites only if they agree to their internet browsing activities being tracked by so-called “cookies” or other tracking software does not comply with the EU’s General Data Protection Regulation.

Global Glimpses Blog

EU whistleblower protections close to fruition

Neil Hodge | March 13, 2019

As EU whistleblower protections inch closer, Neil Hodge provides an in-depth look at exactly what they will cover.

Global Glimpses Blog

Hempel resolves bribery case with European authorities for $33.3M

Jaclyn Jaeger | March 13, 2019

Global coatings manufacturer Hempel has reached a settlement with Danish and German authorities and agreed to a fine of 220 million Danish krone (U.S. $33.3 million) concerning bribery payments made to ship managers in Germany.

Global Glimpses Blog

Brexit: ‘No-deal’ option rejected; delay vote coming

Neil Hodge | March 13, 2019

A day after voting down Prime Minister Theresa May’s proposed Brexit deal for the second time, the U.K. Parliament voted Wednesday to reject leaving the European Union without a deal by a 321-278 margin.

Global Glimpses Blog

New, tough regulator to oversee U.K. audit

Paul Hodgson | March 11, 2019

The U.K. Financial Reporting Council will soon be replaced by a new regulator acting on recommendations from Sir John Kingman of the London Stock Exchange. The government hopes to ensure the United Kingdom going forward has “a world-class audit and accounting regulator.”

Global Glimpses Blog

Swedbank faces scrutiny over money laundering allegations

Jaclyn Jaeger | March 11, 2019

Legal pressure against Stockholm-based Swedbank, one of several banks at the center of a massive money laundering scandal, continues to escalate.

Global Glimpses Blog

U.K. gender pay gap reports rife with defects

Paul Hodgson | March 6, 2019

A new report from U.K. organization paygaps.com says that compliance with gender pay regulations and guidance is still very weak.

News Article

Ted Baker CEO resigns following ‘hugging’ allegations

Neil Hodge | March 5, 2019

Ray Kelvin, the CEO and founder of fashion retailer Ted Baker, has resigned following allegations of sexual misconduct made against him last December.