Tag: finance
Corporate bosses could soon take the rap for staff criminality
The proposed criminal finance bill means it’s time for company directors to come up with adequate procedures against money laundering, false accounting and fraud.
The murky politics of boardroom pay
Prime minister Theresa May has made executives part of policy plans, while the rise in boardroom pay appears to partly be a result of “elite collective action”.
Mitchells & Butlers brings in Browne
Elpida Group representative joins the board at owners of O’Neills and All Bar One.
Finance bill includes country-by-country reporting
Late amendment sees clause introducing country-by-country tax reporting included in UK finance bill.
PwC pays £2.3m fine over Cattles audit
Big Four audit firm fined over work on the 2007 accounts of subprime lender.
MPs probe potential for blocking foreign takeovers
Select committee to examine PM’s industrial policy and whether government should intervene to stop takeover of UK companies by overseas companies.
Audit is improving but concerns remain
The Financial Reporting Council survey reveals that audit is improving. But there remain key concerns over Big Four dominance of the market and the ability of smaller firms to keep up with the pace of technological change.
Power needed to protect pensions by blocking deals
Former pensions chief says powers are needed to block deals if they threaten pension scheme members.
Shareholder rights regulation caught in ‘uncertainty’
The UK’s vote to leave the EU throws uncertainty on proposed shareholder rights regulation, and will force the UK into a new position when it comes to negotiating governance.