Tag: finance
Germany: New proceeds of crime law implemented
Recent law reform in Germany aims to simplify rules on the confiscation of assets resulting from criminal offences, and to transpose an EU directive on the proceeds of crime into German law.
EU’s Fourth Anti-Money Laundering Directive in force
The EU’s Fourth Anti-Money Laundering Directive is now in force for all EU member states, obligating corporates and other legal entities to maintain accurate and current information on their beneficial ownership.
EU proposal aims to curb aggressive tax arrangements
Mandatory disclosure rules for intermediaries involved in reportable cross-border tax arrangements form part of plans by the EU to increase transparency among member states.
Deadline looms for implementation of new EU financial directives
EU member states have until 3 July to implement two new directives on financial instruments before they come into effect in January 2018, which will impact on firms and board members.
What’s next for corporate reporting: the technology question
The future of corporate reporting is a subject attracting much debate and activity in recent years. A new report from the ICAEW captures the views of key stakeholders, and finds that technology is central to the discussion.
SFO brings fraud charges against Barclays and former executives
The Serious Fraud Office has brought conspiracy to commit fraud charges against Barclays and four former executives, including the former CEO John Varley.
Index firm reviews membership role of non-voting shares
Institutional investors await the outcome of consultation on the role of non-voting stock in determining membership of FTSE Russell indices, following SNAP’s decision to float without a single voting share.
Morrisons’ chairman clashes with shareholders over directors’ pay
Shareholders revolt over Morrisons’ executive remuneration report, which shows a potential rise in pay for CEO David Potts to £5.3m.
Audit quality improves among FTSE350, says watchdog
Financial watchdog the FRC reports that audits carried out by FTSE350 companies has improved year on year.
Hong Kong stock exchange explores new share structures
Hong Kong exchange will debate the possibility of a new trading board offering alternative share structures.