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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.

AAT welcomes new economic crime inquiry

The Association of Accounting Technicians (AAT) has welcomed the launch of a new…

Deloitte fined record £15m over Autonomy audit

Big Four accountancy firm Deloitte has been fined a record £15m by the The Financial…

Director liability: Decreased with suspension of wrongful trading

The Corporate Insolvency and Governance Act (the Act), enacted on 26 June 2020, is the most…

FRC resolves ‘record’ number of cases 

The Financial Reporting Council (FRC) has announced it has resolved a “record” number of…

FRC fines BDO over AmTrust Europe audit           

The Financial Reporting Council (FRC) has imposed sanctions against BDO and partner David…

Lies, damn lies and statistics

Numbers are everything in our industry. They’re absolute. They’re the truth. They don’t lie.…

Grant Thornton fined £3m by FRC

The Financial Reporting Council (FRC) has fined Grant Thornton UK £3m for “firm-wide…

Former RSAII CFO fined £63,000 for participation in a breach of financial services law

The former executive director and CFO of RSA Ireland Insurance DAC (RSAII) has been…

Employers given 30 days to ‘confess’ to furlough abuses

Legislation is currently being fast-tracked to allow HMRC to reclaim any furlough money…

FRC sanctions KPMG over Foresight 4 VCT audits

The Financial Reporting Council (FRC) has issued non-financial sanctions against ‘Big Four’…
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