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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 Carillon report details KPMG audit misconduct

The FRC has published the report of the independent disciplinary tribunal detailing its…

Mazars appoints new forensic investigations and compliance partner

Mazars has appointed Rachael Hart to the newly created position of forensic investigations…

FRC fines PwC £1.75m over BT audit fraud discovery

The Financial Reporting Council (FRC) had fined auditor PricewaterhouseCoopers (PwC) £1.75m…

FRC reports record financial sanctions of £46.5m in past year

The Financial Reporting Council (FRC) has announced its annual enforcement review which…

UHY faces sanctions over Laura Ashley audit

The Financial Reporting Council (FRC) has issued sanctions against UHY Hacker Young and…

MHA MacIntyre Hudson appointed Polymetal’s new auditor

MHA MacIntyre Hudson LLP, an independent member of Baker Tilly International Limited, has…

EY to pay $100m fine over US ethics exam cheating

‘Big Four’ accounting firm Ernst and Young’s (EY) US arm has agreed to pay a record $100m…

Sustainability and the future of finance – box tickers needn’t apply

With the creation of a northern campus of the Treasury in Darlington, and with the prospect…

70% of accountants have money laundering fears, report finds

Concerns about money laundering have risen by 70% among accountants since Russian events and…

Accountancy sector responds to ‘half-hearted’ UK audit reform announcement

The accountancy sector has responded to new proposals outlined by the government regarding…
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