UK Financial Services Firms Lead Europe in Push to Shrink Board Gender Gap January 10, 2023 By Irina Anghel UK finance firms now have a higher proportion of women on their boards than their European counterparts, a rare boost...
City of London Workers Pushing for Cross-Border Remote Working: Survey December 15, 2022 By Leonard Kehnscherper Finance workers are pushing for simpler rules for cross-border remote working, the latest sign that the pandemic-fueled appetite for flexible...
‘Big Four’ Audit Firms Targeted for Reforms in UK After Spate of Corporate Failures June 1, 2022 By Huw Jones Britain set out sweeping reforms of big company audits on Tuesday after high-profile collapses at builder Carillion and retailer BHS...
EY Sued in UK for Alleged Negligence in Audits of Troubled Hospital Operator, NMC May 2, 2022 The administrators of NMC Health PLC have filed a lawsuit against EY in the United Kingdom for alleged negligence on...
IncubEx, Led by Industry Veteran Eckert, Buys UK Insurtech Platform Insurwave November 24, 2021 IncubEx Inc., a Chicago-based company that is chaired by industry veteran Neil Eckert and designs and develops new financial products...
EY Fined $4.8M by UK Accounting Watchdog Over Audit of Transport Firm Stagecoach August 25, 2021 Britain’s accounting watchdog said on Wednesday it has fined Ernst & Young LLP 3.5 million pounds ($4.80 million) over the...
Major Reinsurers Look to Exclude Coal from Treaty Policies, as Climate Pressure Grows June 17, 2021 By Carolyn Cohn and Simon Jessop Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global...
Britain Targets Big 4 Auditors, Company Directors With Reform Proposals March 18, 2021 By Huw Jones Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors responsible for spotting fraud...
Post-Brexit Exodus of Staff and Assets from London to EU Slows March 2, 2021 By Huw Jones LONDON – The shift in financial staff and assets from the City of London to the European Union because of...
German Court Says EY Auditors Must Testify Before Parliamentary Panel About Wirecard February 11, 2021 By Karin Matussek Two Ernst & Young auditors were told by a German court that they must testify before a parliamentary committee about...