All U.K. articles – Page 2

  • Article

    Equal pay fast becoming a U.K. compliance issue

    2018-01-30T14:15:00Z

    Disputes over discrepancies in compensation are rapidly involving both boardrooms and human resources in ways that compliance will ultimately oversee.

  • Blog

    CBI: Adoption of existing technologies will solve productivity problems in U.K.

    2017-11-14T12:15:00Z

    CBI, the U.K.’s leading business group, finds that the slow adoption of existing technologies and management practices is fueling the U.K.’s deep-seated productivity problems, creating disparities in productivity and pay among businesses.

  • Blog

    Cordium expands data protection consulting services to U.K.

    2017-10-20T15:30:00Z

    Cordium has expanded its cyber-security and data protection consulting services to the U.K. to help investment firms prepare for and manage the requirements of the EU’s new General Data Protection Regulation.

  • Article

    U.K. corporate governance reforms

    2017-09-12T14:15:00Z

    Neil Hodge explores the government’s corporate governance reform proposals relating to executive pay; strengthening the employee, customer, and supplier voice; and large, privately held businesses.

  • Article

    Is it impossible to operate cleanly in some countries?

    2017-09-06T09:30:00Z

    Corruption may be seen as being “endemic” in some regions, but that cuts no ice with prosecutors in the United Kingdom. To them, a bribe is still a bribe.

  • Blog

    New U.K. watchdog to close money laundering loopholes

    2017-07-25T09:30:00Z

    The U.K’s new Office for Professional Body Anti-Money Laundering Supervision said that it will tackle potential weaknesses in the supervisory system that criminals and terrorists may be trying to exploit.

  • Article

    Countdown to MiFID II: Europe’s stickiest red tape?

    2017-06-13T12:00:00Z

    MiFID II is looming, and it’s not just European companies’ problem—it will affect U.S. firms as well. An in-depth look at the rule provides companies with a checklist to assess their readiness.

  • Article

    Henry VIII and the Great ‘Control and Paste’ Repeal Bill

    2017-04-11T08:45:00Z

    The U.K. government’s Great Repeal Bill has been dubbed the “Control and Paste” Bill, because it seems to take EU law & paste it into English law ... but how does Henry VIII factor in?

  • Article

    Yet another brouhaha over pay in the U.K. is brewing this year

    2017-03-07T15:00:00Z

    Bringing CEO pay in line with lower-rank workers isn’t a bad idea, but implementing it poorly can make it one.

  • Article

    U.K. FCA issues strong new financial crime reporting rules

    2016-09-13T11:30:00Z

    Taking issue with numerous reports that London is an ideal environment for money laundering and other financial crimes, the city is fighting back, writes Neil Hodge.

  • Article

    Post-Brexit, is the sky falling in the U.K., or is it business as usual?

    2016-09-07T11:00:00Z

    A mix of positive and negative indicators signal an uncertain economic impact for the U.K. from its June 23 Brexit vote, but the longer-term view still trends negative. Paul Hodgson reports.

  • Blog

    Complying with Brexit

    2016-03-23T15:45:00Z

    As the United Kingdom gets ever closer to withdrawing from the European Union, no small amount of economic turmoil and compliance headaches are sure to follow. For compliance officers at companies doing business in Europe and the United Kingdom, the possibility of a Brexit provides the sort of job security ...

  • Blog

    Britain Moves to Increase Corporate Transparency

    2015-07-01T09:15:00Z

    U.K. companies will soon be required to create a register of owners who hold “significant control” over a company and its assets. Under the Small Business, Enterprise and Employment Act 2015, companies will have to create and maintain a database of information about their decision makers that can be accessed ...

  • Blog

    U.K. Financial Regulator Issues Priorities for Coming Year

    2015-03-25T13:30:00Z

    Image: Title: WheatleyBritain’s Financial Conduct Authority released a laundry list of priorities for the upcoming financial year, pledging to continue work on concerns like poor culture and technological developments while ramping up efforts on financial crime, the pensions sector, and individual accountability. “This is an important day in terms of ...

  • Blog

    European Commission Probes Antitrust Breaches in Bulgaria, Spain, Belgium

    2015-03-25T12:15:00Z

    Image: Title: VestagerThe European Commission handed down a preliminary decision that a Bulgarian state-owned energy concern was breaching antitrust rules by blocking access to the gas supply infrastructure. It is also investigating breaches in Spain and Belgium. Margrethe Vestager, the commissioner in charge of competition policy, said: “We need to ...

  • Blog

    European Commission Unveils Tax Transparency Package

    2015-03-18T13:30:00Z

    Image: The European Commission has unveiled a package of legislative proposals that it hopes will hinder abusive tax practices and aggressive tax planning, by providing greater transparency on what companies pay and where. “Tolerance has reached rock bottom for companies that avoid paying their fair share of taxes, and for ...

  • Blog

    British Regulator Slaps Bank of Beirut With A Hefty Fine

    2015-03-18T12:00:00Z

    Image: Title: PhilippouBritish regulators are taking action after two former Bank of Beirut employees misled the Financial Conduct Authority about whether the bank had complied with orders to boost its financial crime protections. The bank was fined £2.1 million and is temporarily banned from “acquiring new customers from high-risk” locations. ...

  • Blog

    EU Court Annuls European Location Policy for CCPs

    2015-03-11T12:00:00Z

    The General Court of the European Union has overturned a European Central Bank framework requiring large central counterparties (CCPs) dealing with euro-denominated transactions to be located within the Eurozone. The court ruled that the ECB lacked the authority to require CCPs involved in clearing securities to be located within the ...

  • Blog

    U.K. Financial Regulator Boosting Individual Accountability, Audit Rules

    2015-03-04T13:30:00Z

    Image: Title: BaileyThe U.K. Prudential Regulation Authority says individual senior managers of financial firms could face sanctions if a breach occurs in their area of responsibility and it’s proven the manager took no reasonable steps to avoid it. “Our new accountability regime will hold all senior managers, including non-executive directors, ...

  • Blog

    U.K. Fraud Office Loses Corruption Case, Owes £6M Legal Bill

    2015-02-18T11:30:00Z

    Image: The Serious Fraud Office is facing a £6M legal bill after a judge dismissed a case in which the agency attempted to retry six people over an alleged fraud using a legal method known as “voluntary bill of indictment.” Justice Hickinbottom said, “Once the dismissal application had been formally ...