Obviously, the world’s second oldest profession–bribing or extorting for money and power–is deeply entrenched and will require different strategies appropriate to different contexts. But, without a global public leader, the U.S. Secretary of State, or the head of the World Bank, to give the issue dramatic voice and make it a broader movement, the all […]

TCF in the wholesale sector [ June 2008 ] Summary Does TCF apply to firms operating in the wholesale sector? Why does it matter? What should wholesale firms be doing in relation to TCF? FSA publications Where can I find more information on TCF? Appendix 1 Appendix 2 Summary This briefing gives an outline of […]

Hong Kong Bucks the Regulatory Trend by Relaxing Private Banking Regulatory Regime – At a time when in most of the world regulation is getting inexorably tighter, it seems that Hong Kong is bucking the trend. Unlike most major international finance centres, Hong Kong is one of the few that currently does not regulate its […]

“I am in trouble, please, send me money,” hackers swindle people trouble – “I have been robbed at the airport in London, please, send me 1,450 pounds to get back home!,” reads an e-mail which was sent to over 400 friends of the chair of the Center of NGOs in the town of Razgrad Georgi […]

ACAS Publishes Guide On Promoting Positive Mental Health At Work – The Foreword to this useful guide points out that the 2011 Absence Management Survey produced by the CIPD reports that stress is now the most common reason for long-term sickness absence of both manual and non-manual workers. The ACAS guide aims to show employers […]

Tribunal overturns FSA decision to fine CEO – John Pottage took on the role of UK Head of Wealth Management at UBS in 2006. Various compliance issues came to light between Mr Pottage’s appointment in September 2006 and July 2007. Mr Pottage directed detailed investigations of these issues as they arose and a comprehensive review […]

Managing bribery and corruption risks – IMPACT ANALYSIS – The FSA’s thematic review of anti bribery systems and controls found that most firms had not properly taken account of FSA rules before or after the Bribery Act 2010. Evidence suggested that organisations had only put systems and controls in place post Bribery Act. According to […]

Fifteen tips for embedding a CPD culture at your firm – While advisers may be getting qualifications and gap-fill out of the way now, they will soon have to focus on continuing professional development (CPD). From next year, firms will have to make sure their advisers meet the retail distribution review (RDR) requirement to complete […]