I’m alright, Jack: worker representation on boards
As new U.K. Prime Minister Theresa May has recommended worker representation on company boards, the question arises: Would this be better handled by promoting voluntary adoption, or by setting legal requirements? Paul Hodgson reports.
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U.K. looks to make big changes in corporate governance
The United Kingdom seeks to update corporate governance regulations on three fronts: executive pay, the connection between boards and stakeholders, and applying the corporate governance codes of listed companies to large private firms. Paul Hodgson reports.
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News BriefFCA fines Monzo digital bank $28 million for AML, KYC failures
Britain’s Financial Conduct Authority has fined the online bank Monzo the equivalent of more than $28 million for failing to properly collect customer information and protect against financial crimes. The move is the latest in a series of efforts by British authorities to combat chronic money laundering and other crimes ...