Law Commission proposals put heat on U.K. execs
By 
Neil Hodge2022-06-22T11:31:00
The United Kingdom might make it easier for executives and senior managers to be held directly accountable for corporate crimes under reform proposals put forward by the body that reviews U.K. law.
Related articles
-
ArticleEurope handcuffed by current corporate liability laws; is change coming?
European countries have begun to question whether their laws around corporate liability need to be reformed. However, change may not be as rapid as first thought.
-
ArticleFRC strikes out again as third Tesco probe ends
The U.K. Financial Reporting Council has ended its third and final investigation into the Tesco accounting scandal, yet again failing to find anyone responsible for the overstating of £250 million (U.S. $317.5 million) in profits.
-
Article
Muddled DPA outcome for Tesco accounting fraud scandal
The U.K. Serious Fraud Office has released details of the deferred prosecution agreement it struck with Tesco—on the same day the supermarket chain’s former finance director accused of the accounting fraud was acquitted.
More from Regulatory Enforcement
-
News BriefDOJ sues Uber over alleged discrimination against disabled riders
The DOJ sued Uber Thursday, alleging it violated the Americans with Disabilities Act (ADA) by denying people with disabilities equal access to its services.
-
ArticleEU targets crypto, fintech firms in push to tackle money laundering
Europe’s banking regulator warns that weak compliance at fintech, regtech, and crypto firms may let money laundering and terrorist financing risks slip through. The EBA also found EU regulators’ approaches are often inconsistent and unclear.
-
ArticleCalifornia, Colorado, and Connecticut launch joint crackdown on privacy violators
California, Colorado, and Connecticut launched a joint enforcement sweep against businesses that fail to honor consumers’ online opt-out requests, the states announced Tuesday.