British Court Awards $11 Million to EY Whistleblower Who Exposed Money Laundering April 20, 2020 By Huw Jones and Peter Hobson A British court awarded $11 million in damages and expenses on Friday [April 17] to a former partner at global...
Big 4 Accounting Firms Should Separate Auditing, Consulting Work: UK Lawmakers April 2, 2019 By Thomas Beardsworth and Jonathan Browning The “Big Four” accounting firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses,...
Brexit Begins to Hit UK Financial Services as EU Counterparts See Big Gains: Study July 9, 2018 By Gavin Finch Britain’s financial-services industry is suffering a drop in foreign investment while some of its European counterparts enjoy big gains, according...
First Blockchain for Marine Insurance Now Running May 25, 2018 By Andrew G. Simpson A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according...
Some U.K. Professional Firms ‘Understate’ Gender Pay Gap as New Data Law Looms March 6, 2018 By David Hellier and Gavin Finch U.K. politicians are demanding law and accounting firms revise figures on how male and female staff are remunerated amid criticism...
UK Accounting Regulator Urged to Slap Larger Fines on ‘Big Four’ Firms November 22, 2017 By Huw Jones Misdeeds by the world’s “Big Four” accounting firms should be punished with much bigger fines, Britain’s accounting watchdog was advised...
Allianz Develops Blockchain Prototype for Captive Insurance Program November 7, 2017 Allianz Global Corporate & Specialty SE (AGCS) has successfully trialed blockchain technology for a global captive insurance program, which facilitates...
EY, Maersk and Microsoft Create Blockchain-Based Marine Insurance Platform September 6, 2017 By Jemima Kelly Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a blockchain-based marine insurance platform...
More Than 25% of UK Financial Firms Make Plans for EU HQs on Brexit: EY May 9, 2017 By Gavin Finch More than a quarter of major U.K. financial services firms have said they will move staff or operations abroad, or...
China’s Ant Financial Raises Bid for Fintech Firm, MoneyGram, by 36% April 17, 2017 By Cate Cadell China’s Ant Financial has sweetened its bid for MoneyGram International Inc by 36 percent, beating a rival offer to gain...