Britain's top white-collar prosecutor unveiled on Thursday new details about plans to share data and offer training to companies to prevent economic crime, in a shift to "assist growth" in line with government plans to kindle the sluggish economy.
Britain's top white-collar prosecutor unveiled on Thursday new details about plans to share data and offer training to companies to prevent economic crime, in a shift to "assist growth" in line with government plans to kindle the sluggish economy.
A cross-party House of Lords committee called Friday on the U.K.'s financial services watchdogs to change their culture of risk-aversion which is preventing them from promoting growth in the economy.
The U.K government is putting crypto-assets at the heart of its growth agenda, relying on the Financial Conduct Authority to shore up regulation of the sector.
The accounting watchdog said Thursday it that has fined KPMG £690,625 ($940,000) and its audit engagement partner Nick Plumb £38,000 for breaching independence requirements as auditor of Carr's Group PLC.
A horse owner can still claim a value-added tax exemption if she was merely negligent, rather than deceitful, in failing to declare her horses with Swedish customs officials, the European Court of Justice held Thursday.
An executive of the Chinese financial services firm Everbright testified Thursday that a sports media rights business was portrayed as "well performing" before a joint venture acquired a majority stake, only to later discover its financial health was allegedly inflated.
Just Group, a pensions insurer, revealed on Thursday it has taken on retirement plan liabilities worth £150 million ($204 million) from a program sponsored by publishing giant Reach.
Retirement consultancy Broadstone said Thursday it has bought actuarial service provider ExactVAL to support insurers in carrying out pension transactions.
The healthcare subsidiary of French banking giant Crédit Agricole SA said Thursday that it will buy Petits-fils, an at-home services provider for the elderly in France, for €345 million ($400 million) from French care provider Clariane SE.
Reed Smith LLP said Thursday that it has appointed debt finance specialist Oliver Hahnelt as the managing partner of its office in Frankfurt following the departure of its previous incumbent.
