Accounting standards change to hit FTSE 100 pension schemes
Incoming changes to IFRIC 14 rules and increased pressure on companies to accelerate contributions could worsen FTSE 100 balance sheets...
Business Regulation
IL&FS sends show-cause notice to Deloitte and BSR
The board of Infrastructure Leasing and Financial Services (IL&FS) has issued show-cause notices to Deloitte and KPMG’s audit partner BSR...
FCA fines Standard Chartered Bank £102.2m for poor AML control
The Financial Conduct Authority (FCA) has fined Standard Chartered Bank £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk...
Independent inquiry into London Capital & Finance announced
An independent investigation into events at London Capital & Finance (LC&F) and the circumstances surrounding them has been ordered by...
Goldman Sachs International fined £34.3m for reporting failures
Goldman Sachs International (GSI) has been fined £34,344,700 by the Financial Conduct Authority (FCA) for failing to provide accurate and...
1.1 million businesses yet to register for MTD
Nearly 1.1 million businesses have yet to register for Making Tax Digital (MTD), according to the results of a Freedom...
FCA fines UBS £27.6m for transaction reporting failure
Investment banking company UBS has been fined by the Financial Conduct Authority (FCA) for not providing complete and accurate information...
ICAEW ‘encouraged’ by gov MTD announcement
Institute of Chartered Accountants in England and Wales (ICAEW) has said it is “encouraged” by the “ very light touch”...
LATEST HEADLINES
Employer handed £350,000 fine for workplace pension failures
The Pensions Regulator (TPR) has fined an unnamed company £350,000 for workplace pension failures. Employers are being warned by...
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