Observations
Mar 13, 2023The UK Financial Reporting Council (FRC) recently published a "mythbuster" document on corporate governance and stewardship, which sought to dispel common misconceptions and provide greater clarity around these concepts.
Observations
Dec 28, 2022Santander UK was recently fined £108 million by the UK Financial Conduct Authority (FCA) after an investigation revealed "serious and persistent gaps" in its money laundering controls. According to the FCA, the bank failed to oversee more than 560,000 business customers properly between December 2012 and October 2017.
