On July 25, the UK Parliament’s Joint Committee on Human Rights issued its report Forced Labour in UK Supply Chains. This 99 page report explores forced labor in UK supply chains and makes recommendations for addressing the...more
7/28/2025
/ Compliance ,
Due Diligence ,
Forced Labor ,
Human Rights ,
Imports ,
Modern Slavery Act ,
New Legislation ,
Regulatory Requirements ,
Reporting Requirements ,
Supply Chain ,
UK
On Tuesday (24 June 2025) the FCA published its Prescribed Person’s Annual Report on whistleblowing (“24/25 Report”), which covers reports received and acted on with during the period 1 April 2024 – 31 March 2025 (the “24/25...more
6/27/2025
/ Annual Reports ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Regulatory Reform ,
Financial Services Industry ,
Fraud ,
HMRC ,
IRS ,
New Guidance ,
Regulatory Agencies ,
Regulatory Oversight ,
Regulatory Requirements ,
Serious Fraud Office (SFO) ,
UK ,
Whistleblowers
On Tuesday the UK’s Financial Conduct Authority (FCA) issued an updated version of its Enforcement Guide, which will now be referred to as ‘ENFG’ in the FCA Handbook, to distinguish it from the previous version. The ENFG is...more
6/5/2025
/ Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Investigations ,
New Guidance ,
Penalties ,
Policies and Procedures ,
Regulatory Reform ,
Regulatory Requirements ,
Settlement ,
UK
In what was a busy week for the Serious Fraud Office (SFO), much of the attention has focused on the launch of its new streamlined ‘External Guidance on Corporate Co-Operation and Enforcement in relation to Corporate Criminal...more