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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.

The new digital economy of Ukraine: thinking in war time

It has been 13 weeks since the Russian Federation invaded Ukraine, and the initial confusion…

FRC confirms £3.3m fine for KPMG over Rolls-Royce audit

The Executive Counsel of the Financial Reporting Council (FRC) has issued a £3.3m fine to…

FRC audit licensing and a doomed effort to curtail fraud

In addition to the long awaited and much vaunted draft audit reform legislation appearing in…

Retail crisis: how can accountants help?

KPMG to receive £14m fine over Carillion audit

KPMG is set to pay a £14.4m fine over its audit of Carillion after a tribunal found former…

Q1 2022 sees record number of cost and supply chain profit warnings

The number of profit warnings issued by UK-listed companies in the first quarter of 2022…

Spring Statement: Chancellor raises NI threshold to £12,570

The chancellor has outlined a series of measures to help combat the rising cost of living in…

FRC fines KPMG £1.25m over Revolution Bars audit

The executive counsel of the Financial Reporting Council (FRC) has fined KPMG LLP £1.25m and…

TMF Group exits Russian clients

TMF Group has announced its decision to stop services to Russian clients.
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