- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2024-02-23T12:22:00
U.K. bosses are unlikely to face fines, jail time, or any other sanction if the companies they run are involved in economic or corporate crime, according to research by Spotlight on Corruption.
The campaign group’s report, “Power Without Responsibility,” found the U.K.’s main investigatory and enforcement agencies responsible for prosecuting serious economic and financial crime have dismal prosecution records against senior executives at large firms.
Since 2013, 6 percent of the investigations carried out under the Financial Conduct Authority’s (FCA) senior managers regime have resulted in any enforcement action, the group found.
2024-04-29T11:44:00Z By Ruth Prickett
Debt collection has become a hot topic as U.K. regulators pile pressure on utilities and financial services companies to improve how they treat customers in arrears.
2024-04-05T15:49:00Z By Jeff Dale
A New York-based chief counsel and compliance officer was charged for embezzling more than $200,000 from the consulting firm he worked for, the Manhattan District Attorney’s Office announced.
2024-01-18T14:22:00Z By Neil Hodge
Moves by the U.K.’s financial regulatory body to encourage companies to list in London might fail to deliver or send mixed messages about the value placed on corporate governance, according to experts.
2025-07-02T18:31:00Z By Aaron Nicodemus
Emerging enforcement priorities of the U.S. Department of Justice’s health care fraud division align with the Trump administration’s emphasis on prosecuting transnational criminal organizations and ending opioid trafficking.
2025-07-01T23:26:00Z By Oscar Gonzalez
Since President Donald Trump took office, the U.S. Federal Trade Commission has yet to keep up the level of enforcement it had under previous chair Lina Khan. The agency, however, returned to antitrust action in the case of fuel stations, just in time for the July 4th holiday.
2025-06-25T16:29:00Z By Oscar Gonzalez
In May, three commissioners for the Consumer Product Safety Commission were abruptly fired by President Donald Trump and sued for their jobs shortly after. A federal judge has ruled that the commissioners should be reinstated, although it’s unclear whether that ruling may itself be reversed.
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