U.K. FCA: Senior Managers To Be ‘Whistleblower Champions’
Image: The U.K. Financial Conduct Authority is calling on senior managers to serve as “Whistleblower Champions” and to play a lead role in protecting employees who come forward with critical information about misconduct. The rules are part of the Senior Managers Regime, which is slated to go into effect ...
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Year in Review: Regulatory Enforcement in Europe
Image: For compliance officers in Europe, 2015 has been a big year. Aside from focusing on reporting wrongdoing and promoting a speak-up culture, watchdogs have been keeping compliance practitioners busy with a barrage of regulations that show no sign of easing. As compliance officers wonder to what degree the past ...
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Compliance Officers Brace for U.K. Senior Managers Regime
Image: During a panel discussion at Compliance Week’s Europe conference in Brussels last week, compliance executives discussed the broad implications of the new Senior Managers Regime, which makes senior executives personally accountable to regulators for their actions. You’ll also read a candid story of what a run-in with the Financial ...
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PremiumU.K. FCA establishes framework for unlisted companies to trade shares on a ‘buyer-beware’ basis
Private companies that are keen to trade their shares but do not wish to become listed have gained another way to trade their shares. The U.K. government completed its initial review and published rules for the system in June.