All articles by Paul Hodgson – Page 2
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U.K.’s EA mum on combating plastic waste fraud
A recent report says the U.K. Environment Agency is investigating complaints of widespread fraud and non-compliance with waste regulations being perpetrated by organised criminals and certain U.K. firms—a claim the agency will neither confirm nor deny.
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Blog
No-deal Brexit contingency plans don’t look pretty
There’s a lot more at stake for the United Kingdom than just interrupted Netflix access should a no-deal Brexit become a reality.
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Anti-Slavery Day: complying with human rights law
In honor of Anti-Slavery Day (October 18), companies may want to familiarize themselves with a recent guide from the IEMA on complying with environmental and human rights laws.
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Shell may be green when it comes to pension fund ESG requirements
A Shell pensioner is threatening to take his own pension fund to the U.K.’s Pensions Ombudsman for maladministration—unless the company can prove it is managing its climate-related risk.
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U.K. retailer details what comes next for no-deal Brexit prep
A no-deal Brexit could have serious consequences for the corporate realm, but few companies appear armed for the challenges. In contrast is U.K. retailer Next, which has published a paper on its preparations that could help others face a no-deal Brexit possibility.
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No easy answers for breaking up Big Four in U.K.
The last time the U.K.’s Competition and Markets Authority attempted to break up what is widely referred to as an oligopoly of the audit market by the Big Four audit firms—EY, PwC, Deloitte and KPMG—its actions had the opposite effect.
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Modern Slavery Act: an emerging picture of non-compliance
A scathing report calls out large number of U.K. agricultural companies for non-compliance with the Modern Slavery Act.
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Royal Mail hit with massive fine for competition breach
Parcel delivery firm Royal Mail is appealing a decision from U.K. communications regulator Ofcom, which determined the company sought to thwart wholesale customer Whistl from competing with its bulk mail delivery service.
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A peek at the compliance nightmare of a no-deal Brexit
Though it is still unlikely, a look at the compliance implications (and complications) of a no-deal Brexit is enough to make anyone shudder at the thought.
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Collusion, cartels, and emissions cheating in the car industry
In an as-yet unreleased—officially, at any rate—letter, the EU’s industry and climate commissioners Miguel Cañete and Elzbieta Bienkowska outline evidence of widespread manipulation in the car industry of new emissions tests, known as the Worldwide Harmonised Light Vehicle Test Procedure (WLTP).
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Nissan apologizes after acknowledging it falsified data
Nissan apologized Monday after uncovering—as part of a check of emissions and fuel economy tests within its final production process—it had falsified data at all but one of its Japanese vehicle production plants.
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Commissioner presses for modern slavery central registry
U.K. Independent Anti-Slavery Commissioner Kevin Hyland has issued an ultimatum to the government to get moving on setting up a central, state-owned registry for corporate modern slavery statements that he wants in place before he leaves office.
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Compliance officers in Europe: You’re in demand and getting a raise
According to recent studies, there is a high demand in Europe for chief compliance officers, and companies are willing to pay big bucks for top talent.
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Tariffs on/tariffs off: a compliance nightmare
In this world of tariffs on/tariffs off, dealing with compliance issues under the current U.S. administration has become not just a nightmare for compliance officers in the United States, but also for those in the United Kingdom, Europe, Canada, and Mexico.
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Iran just the beginning of sanctions compliance debacle
European companies are winding down investments in Iran as the European Union advises them to hang in there while it looks for ways around U.S.-imposed sanctions.
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The Big Four in the U.K.: Breaking up is hard to do
The latest recommendation to break up the Big Four accountancy firms from the two parliamentary committees investigating the collapse of construction firm Carillion is hardly a new idea, but is it possible?
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CCOs extended valuable sustainability reporting resource
An online database that examines the environmental, social, and governance reporting requirements for 60 countries might just be the answer to calls for more harmonisation and alignment of ESG reporting.
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Blog
Parliament moves to halt AML activities in Overseas Territories
In an effort to stem the tide of money-laundering activites in Britain's 14 Overseas Territories (including the British Virgin Islands), the U.K. parliament accepted a cross-party amendment to the Sanctions and AML Bill that will force the territories to set up public registers of beneficial ownership.
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Blog
‘Totally Shambolic’ IT migration
TSB bank, formerly Britain’s most recommended high street bank, has fallen into disgrace, primarily for recent noteworthy mishaps surrounding a technology migration.
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Blog
U.K. gender pay gap: What it means and what happens when you don’t report
With the U.K.’s deadlines for gender pay reporting having passed, we examine what consequences those that haven’t reported might face and take a look at some results conducted by an independent analytics firm.