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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.

Ukraine Invasion: Are the Big Four taking action?

It has not yet been a week since the world watched in horror as Russian forces unlawfully…

2021 Review: Digital transformation defines the sector’s future  

If volatile and unprecedented were the words synonymous with 2020, 2021 offered little in…

KPMG made ‘untruthful’ defence in Silentnight case, FRC says

KPMG constructed an untruthful defence and withheld evidence from regulators as it tried to…

EY hit with £2.2m fine for Stagecoach Group audit failings

The Financial Reporting Council (FRC) has imposed a financial sanction of over £2.2m against…

FRC issued £16.7m worth of financial sanctions, report finds

The Financial Reporting Council (FRC) reportedly issued £16.7m worth of financial sanctions…

KPMG hit with £13m fine over Silentnight sale

KPMG has been hit with a £13m fine by the The Financial Reporting Council (FRC) in relation…

FRC enforcement division grows 44%

The Financial Reporting Council (FRC) has revealed that its enforcement division has grown…
LITRG welcomes gov review of third-party data

LITRG welcomes gov review of third-party data

The Low Incomes Tax Reform Group (LITRG) has welcomed a call by the Office of Tax…
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