All United Kingdom articles – Page 5
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Blog
U.K. government seeks views on NIS Directive
The U.K. government this week published a consultation seeking views on its plans to implement the EU’s Network and Information Systems Directive, which is due to come into force in May 2018.
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Article
A double whammy for the cosy club
Directors in the United States and United Kingdom are facing increasingly divergent realities when it comes to regulatory accountability. And that gap is only growing.
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Article
U.K. Banking Standards Board releases inaugural benchmark report
An inaugural report on the overall state of banking culture in the U.K. suggests a widespread respect of risk and compliance, but not so much for speaking up and accountability.
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Blog
MasterCard faces £19bn legal battle over illegal card charges
MasterCard is facing a £19 billion class-action lawsuit for anticompetitive conduct, making it the biggest claim in U.K. history. The landmark case is notable for another reason, as well: It will be the first case filed under the Consumer Rights Act. Jaclyn Jaeger has more.
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Article
Anti-Corruption Summit puts spotlight on transparency
London hosted the first ever international Anti-Corruption Summit last month to champion the fight against corruption on a global scale, with many countries committing to specific action plans. Jaclyn Jaeger analyzes what this all means for companies.
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Blog
CipherCloud unveils GDPR-ready cloud security solution
CipherCloud, a cloud security company, announced the availability of the industry’s first cloud security solution designed to help companies comply with the European General Data Protection Requirement (GDPR).
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Blog
U.K. Watchdogs Issue New Rules on Clawbacks for Bankers
The Financial Conduct Authority and the Bank of England have finished banker rules that could have bonuses clawed back even after a decade of being awarded, if the firm comes under regulatory scrutiny for “potential material failures,” the FCA said. Senior managers aren’t off the hook either: They face a ...
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Blog
U.K. Regulator Slaps Major Banks With Hefty Fines
The Financial Conduct Authority has fined Bank of New York Mellon £126 million for the lack of compliance monitoring during the financial crisis. In a separate case this week, the regulator also imposed a record fine on Clydesdale Bank for “serious failings in payment protection insurance complaint handling,” the FCA ...
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