Regulatory

1-15 of 374 Articles
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EY is considering a global restructuring that could see it spin off the audit division from its advisory business. Yesterday, EY confirmed that it was in the “early stages” of separating its audit business from its consultancy arm.

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The Financial Conduct Authority (FCA) has set out an ambitious vision for potential reform to the way companies list in the UK that aims to attract more high quality, growth companies and give investors greater opportunities. In a new paper, the FCA is continuing its discussion on how it can make th

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A Shetlands-based company has been fined £80,000 after an employee sustained fatal injuries after being struck by a forklift truck. QA Fish Ltd, a fish processing company based at Blackness Pier, Scalloway, pled guilty to health and safety breaches committed between 6 January 2014 and 31 Janua

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The Financial Conduct Authority (FCA) is warning lenders and brokers to stop using misleading terms in their advertising or face regulatory action. The increased cost of living means that more people may take out loans. Marketing that does not give clear information and warnings about the potential

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Foreign secretary Liz Truss has banned Russian businesses from using UK accountants as she announced new sanctions on Russia in wake of its invasion of Ukraine. The sanctions include a ban on services exports to Russia, cutting them off from doing business with UK sectors that are critical to the Ru

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The Financial Reporting Council (FRC) has published new research, in conjunction with the UK Anti-Slavery Commissioner and Lancaster University, which has identified significant shortcomings in the quality of companies’ modern slavery reporting. The research looked at a sample of 100 major com

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The Financial Conduct Authority (FCA) is using emergency powers to prevent financial advice firms, who advised members of the British Steel Pension Scheme (BSPS), from disposing of assets to avoid paying compensation. The FCA has introduced these emergency rules, without consultation, in light of th

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A review by the Financial Conduct Authority (FCA) has found that challenger banks need to improve how they assess financial crime risk, with some failing to adequately check their customers’ income and occupation. The watchdog found that in some instances, challenger banks did not have financi

1-15 of 374 Articles