Compliance, regulation

13 February, 2018

Compliance: take it or leave it

Compliance may mean meeting legal or regulatory obligations, but in a corporate setting, compliance is viewed as a cost from both a people and a financial resource perspective. “Essent...
EU flag, European Union, EU, shareholder rights directive

22 January, 2018

European Commission proposes new VAT reforms

New rules to give EU member states more flexibility to set VAT rates have been proposed by the European Commission. The EU's common VAT rules—agreed by all member states in 1992—are out of date...
compliance

17 January, 2018

Half of large corporates have unreported compliance breaches

More than half of UK companies have compliance breaches that remain unreported to regulators, according to new research. The survey reveals that 52% of large corporates are aware of "compliance iss...
gender diversity, gender quotas, gender equality

5 December, 2017

EU proposal aims to prioritise women on boards and close gender pay gap

Legislative proposals aimed at narrowing the gender pay gap in EU member states have been published by EU commissioner for justice and gender equality, Vĕra Jourová. Jourová is also calling for ...
Stephen Haddrill, FRC

30 November, 2017

FRC: We should have moved more quickly on KPMG/HBOS audit inquiry

Accountancy’s watchdog has admitted that it should have taken a more “proactive approach” in delving into KPMG’s work as auditor of failed bank HBOS. A Financial Reporting Council (FRC) rep...
Rio Tinto

27 November, 2017

Investor ire sees Sir Mick Davis’s Rio Tinto chairmanship plan shelved

Investor agitation has forced Rio Tinto to backtrack on plans to appoint Conservative Party CEO Sir Mick Davis as chairman. The Investor Forum, a group of shareholders which represents some 20% of ...
procurement, tenders

22 November, 2017

Tenders may face investigation on intra-group collusion

Companies that are part of the same corporate group which are tendering separately in public tenders may need to prove absence of collusion, the EU Advocate General has ruled. In his
Doha, Qatar, Gulf

20 November, 2017

Governance in the Gulf still lags behind global peers, says S&P

The risks of intervention by family owners or the state in the running of Gulf-based businesses means governance is still a “critical weakness” in the region, according to S&P Global Ratings. ...
Whistleblowers, Whistleblowing

15 November, 2017

Italy introduces law to protect whistleblowers

A new law designed to protect whistleblowers who report crimes or irregularities witnessed at their workplace in the public and private sectors has been approved by Italian lawmakers. Draft law C. ...
Brexit, EU, Union Jack, flags

13 October, 2017

New EBA guidance published on Brexit relocations

  An Opinion setting out recommendations for...