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Affinia expands Midlands presence with Towcester acquisition

Affinia expands Midlands presence with Towcester acquisition

The Uncommon Practice appoints director to lead regional growth

The Uncommon Practice appoints director to lead regional growth

Talent shortages force accountancy firms to turn away clients

Talent shortages force accountancy firms to turn away clients

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Sanctions

Our coverage on Sanctions focuses on the evolving UK sanctions regime and its implications for the accountancy and financial services sectors. Accountancy Today reports on regulatory developments, enforcement actions, and compliance challenges faced by professionals in navigating sanctions related to geopolitical events, such as the Russia-Ukraine conflict. We analyse guidance from the Office of Financial Sanctions Implementation (OFSI) and the Financial Conduct Authority (FCA), highlighting best practices and areas for improvement in sanctions compliance frameworks. Our editorial also examines high-profile cases where firms have faced penalties for sanctions breaches, underscoring the importance of robust due diligence and internal controls. This coverage provides accountants, auditors, and compliance officers with insights into managing sanctions risks and maintaining regulatory compliance.

Sanctions

Our coverage on Sanctions focuses on the evolving UK sanctions regime and its implications for the accountancy and financial services sectors. Accountancy Today reports on regulatory developments, enforcement actions, and compliance challenges faced by professionals in navigating sanctions related to geopolitical events, such as the Russia-Ukraine conflict. We analyse guidance from the Office of Financial Sanctions Implementation (OFSI) and the Financial Conduct Authority (FCA), highlighting best practices and areas for improvement in sanctions compliance frameworks. Our editorial also examines high-profile cases where firms have faced penalties for sanctions breaches, underscoring the importance of robust due diligence and internal controls. This coverage provides accountants, auditors, and compliance officers with insights into managing sanctions risks and maintaining regulatory compliance.

FRC sanctions former Carillion finance directors over misconduct

Regulator bans two former finance chiefs and three senior accountants following the collapse…

Audit firms anticipate lighter US inspection regime

Accounting firms are reportedly expecting US regulators to reduce the number of audits they…

FRC fines BDO £5.8m over audit partner failings

The Financial Reporting Council (FRC) has fined BDO £5.85m and imposed sanctions on two…

Redefining misconduct: how the FCA is policing financial culture

The Financial Conduct Authority is drawing a new regulatory threshold. From September 2026,…

FCA shuts down 1,600 websites in crackdown on financial crime

The Financial Conduct Authority (FCA) has suspended, removed or blocked more than 1,600…

FRC fines KPMG £690k over auditor independence breach

The FRC has fined KPMG £690,625 for breaching auditor independence rules in its 2021 audit…

‘Poorly targeted’ proposals risk eroding tax system trust, ICAEW warns

The operation of the tax advice and compliance market in the UK could be adversely affected…

FRC sanctions EY over SWSF 2019 audit

The FRC has sanctioned EY and its audit engagement partner Christopher Voogd over Stirling…

CFOs adopting most ‘defensive strategies’ since pandemic, Deloitte finds

UK CFOs are assuming their most defensive strategy stance since the early days of the…

EY fined £4.9m over Thomas Cook audit failures

The FRC has fined both EY and a partner at the Big Four firm over their audits of Thomas…
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