All United Kingdom articles
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Blog
Optio adds first group risk chief
Optio Group announced the appointment of Insi Davenport to the newly created executive role of group chief risk officer.
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Blog
Mestag Therapeutics names GC
Biotech company Mestag Therapeutics announced that it has appointed Alison Hood as general counsel.
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News BriefFCA slaps Metro Bank with $21M fine for inadequate AML monitoring
The U.K. Financial Conduct Authority has fined Metro Bank 16.6 million pounds (U.S. $21 million) for an alleged failure by its automated system to adequately monitor money laundering risks.
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News BriefU.K. sanctions 56 entities connected to Russia’s 'war machine'
The U.K. has issued 56 new sanctions against entities and individuals involved with Russia’s war effort, including several private mercenary groups operating in Africa that are connected to the Kremlin.
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Blog
Browne Jacobson announces first GC
Law firm Browne Jacobson announced the appointment of Oliver Sweeney as its first general counsel.
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Blog
1inch appoints new compliance chief
Crypto trading firm 1inch announced the appointment of Hedi Navazan as the group’s new chief compliance officer.
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PremiumU.K. Employment Rights Bill triggers debate over flexibility vs. exploitation
Contract workers’ rights are in the spotlight in the U.K. and some EU countries as governments seek to end exploitative practices by eliminating zero-hours contracts, much to the chagrin of some business leaders.
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Blog
LGT Wealth Management appoints first CSO
LGT Wealth Management has named Phoebe Stone as its chief sustainability officer (UK).
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Blog
Premium Credit announces risk chief
Premium Credit announced the appointment of Rohit Ghai as its chief risk officer.
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Blog
Watkin Jones appoints legal chief
Watkin Jones, a developer and manager of residential for rent, announced that the group has appointed Adam McGhin as its new chief legal officer and company secretary.
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Blog
GCL appoints chief legal officer
Luxury goods logistics provider GCL announced the appointment of Caren Yeamans as chief legal officer.
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EventPhoto gallery: Compliance Week Europe 2024
Compliance Week Europe, held Oct. 15-16 in Amsterdam in partnership with our sister organization the Internation Compliance Association, gathered more than 200 GRC professionals across industries. Check out some of the sights from the event.
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News BriefFCA fines TSB $14.2M for poor treatment of financially strapped retail customers
TSB Bank has been fined 10.9 million pounds (U.S. $14.2 million) for treating retail customers poorly while they were in arrears on mortgages, credit cards, loans, and overdraft accounts, the Financial Conduct Authority said.
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PremiumControl and delete: How regulators can shutdown companies’ AI investments
Companies are increasingly putting their faith in AI to realize the kind of business benefits that the technology seems to promise, but they are also opening themselves up to new and potentially crippling sanctions if they are unable to answer questions that surround how AI operates.
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PremiumNew U.K. enforcement body piles pressure on sanctions evaders
Global sanctions rules are increasing rapidly, as are tools to detect and punish those who break them. In response, the U.K. government is creating a new Office of Trade Sanctions Implementation to investigate and penalize those who break sanctions rules.
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News BriefStarling Bank fined $38.5M for repeatedly onboarding high-risk customers
The U.K.’s Financial Conduct Authority fined Starling Bank, Britain’s first digital bank, nearly 29 million pounds (U.S. $38.5 million) for repeated failures related to onboarding high-risk customers.
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News BriefIrish DPC fines Meta $102M over GDPR violation linked to improper storage of passwords
The Irish Data Protection Commission fined Meta Ireland 91 million euros (U.S. $102 million) for multiple violations of the European Union’s General Data Protection Regulation related to the inadvertent storage of user passwords without encryption.
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PremiumAI misuse could lead to sanctions from multiple regulators, experts warn
The proliferation of AI, as well as the promised business cases promoting its use, has led companies around the world to quickly invest in the technology. Executives hope these AI tools will improve efficiencies, reduce costs, and help them stay competitive. But it could lead to just the opposite.
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News BriefAAR Corp. discloses former exec implicated in Nepal, South Africa FCPA violations
Aviation maintenance services provider AAR Corp. disclosed that several former employees may have bribed officials in Nepal and South Africa to win contracts, and chose to self-report violations of the Foreign Corrupt Practices Act to authorities in the U.S. and U.K.
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PremiumBarclays is axing its bonus caps. Is it also ditching good governance?
Four years post-Brexit, London-based Barclays became the first British bank to scrap bonus caps for its traders that were meant to curb excessive risk-taking with client cash, improve corporate governance, and restore faith in an industry most working people still hold responsible for 15 years of economic misery.