All articles by Neil Hodge – Page 25
-
Article
FCA strives for smooth regulatory transition in event of no-deal Brexit
The U.K. Financial Conduct Authority has published two consultation papers to help companies prep for regulation in the event of a no-deal Brexit.
-
ArticleHeathrow Airport operator fined for data breach
The U.K.’s biggest airport operator has been fined £120,000 after an unencrypted USB memory stick that reportedly contained security details about the Queen’s travel plans was found by a member of the public on a busy London street.
-
Article
Danske Bank CEO quits over money laundering failures
The chief executive of Denmark’s biggest financial institution has resigned following the publication of a report that highlights large-scale money laundering in the bank’s Estonian operations.
-
Article
EU proposes new money laundering rules
The European Commission wants to strengthen supervision over banks and other financial institutions to toughen up its fight against money laundering and terrorist financing after admitting that present measures have “failed all too often.”
-
Article
Shareholders seeking $10.6 billion from VW over emissions disclosure
Shareholders seeking damages worth €9.2 billion (U.S. $10.6 billion) have taken German car giant Volkswagen to court in Germany for failing to inform them fully of the financial impact that the emissions cheating scandal would have on the company’s share price.
-
ArticleU.K. regulator setting global example in facilitating technology growth
FCA-backed sandboxes set up for testing in a live environment have put British RegTech and FinTech ahead of the curve.
-
Article
Business calls for diplomacy to head off ‘no deal’ Brexit
While the U.K. government is advising companies to prepare for the worst, business groups are urging greater diplomatic efforts to ensure a no-deal Brexit doesn’t come to pass.
-
ArticleU.K. government preps for ‘no-deal’ Brexit
The U.K. government has outlined a contingency plan to help companies prepare for a worst-case scenario—the “no-deal” Brexit.
-
Article
Deal or no deal: Companies prep for Brexit
European organizations are focusing on contingency plans in preparation of a possible “no deal” exit from the European Union.
-
Article
EU works to protect firms that invest in Iran from sanction consequences
The European Union has taken steps to protect EU companies from any legal and financial repercussions from investing in Iran as a result of U.S. President Trump’s latest sanctions.
-
Article
FCA’s limited powers give Royal Bank of Scotland a pass
The Royal Bank of Scotland has escaped penalties for its alleged abuse of small businesses, due to the Financial Conduct Authority’s admitted lack of sway.
-
Article
MPs slam U.K. attitude to workplace sexual harassment
Employers, regulators, and the U.K. government are not doing enough to tackle “widespread” instances of sexual harassment in the workplace, according to Members of Parliament committee.
-
Article
U.K. businesses poke holes in Brexit plan
The U.K. government’s blueprint on how it thinks Brexit should pan out was hardly going to please everyone, and in that regard it has lived up to expectations.
-
Article
Revised U.K. governance code gives workers more of a voice
The U.K.’s corporate governance regulator on Monday announced a series of changes to improve public trust in large companies following criticism that boards are still too interested in fat-cat pay deals and short-term goals, and investors are too sleepy or timid to exert proper influence.
-
ArticleTheresa May outlines her vision for Brexit
Two years after U.K. citizens voted for the country to withdraw from the European Union, Prime Minister Theresa May at last unveiled her vision of Brexit.
-
Article
Danske Bank in hot water again over money laundering allegations
The Estonian subsidiary of Denmark’s largest bank may have laundered more than double the amount of dirty money than first thought, according to reports.
-
Article
French probing LafargeHolcim for violations in Syria
LafargeHolcim’s French unit has been placed under formal investigation over allegations the cement maker was “complicit in crimes against humanity” in Syria after admitting to paying funds to ISIS and other terrorist groups.
-
Article
Bank of England: EU not doing enough to combat Brexit risks to financial services
The Bank of England thinks the United Kingdom has made positive “progress” on handling the risks of disruption to financial services likely to be caused by Brexit, but adds there has been a lack of similar action from the European Union.
-
Article
French telecom execs face trial for moral harassment
Former executives of French telecom firm Orange have been charged under the country’s “moral harassment” law for encouraging an extremely high-pressure business environment, which reportedly led to more than 30 employee suicides.
-
Article
A boon for U.K. financial services firms: climate disclosure guidance
New climate disclosure guidance from The European Bank for Reconstruction and Development, meant to be promoted by G20 countries, will help the largest companies in the world with how they disclose long-term impacts of climate change in their financial results. The guidance is especially sought after by financial services firms.