Concerning Conduct

This quarter's Concerning Conduct, a summary of recent cases concerning culture and conduct, includes; UK and US to co-operate on AI testing, Ajax suspends CEO over insider trading, EY accused of asset stripping, but gets a bit of a break...

This quarter's Concerning Conduct, a summary of recent cases concerning culture and conduct, includes; Global minimum tax for multinational companies starts, Battle for talent to sell alternatives to the wealthy, Tui board backs delisting from London and shareholders agree, Fake...

This quarter's Concerning Conduct, a summary of recent cases concerning culture and conduct, includes; Banks cut more than 60,000 jobs in 2023, BoE officials suggest tighter liquidity rules for money market funds, Businesses with better gender balance have higher return...

This quarter's Concerning Conduct, a summary of recent cases concerning culture and conduct, includes; Farage drama leads to resignations at NatWest, Financial institutions’ climate risk models underestimating risks, Mazars and BDO audit quality issues, Fintech Revolut sees fraudulent losses of...

This quarter's Concerning Conduct, a summary of recent cases concerning culture and conduct, includes; EY banned from German audit work for two years, Dimon blames regulators for banking turmoil, Credit Suisse chair apologises at fractious final AGM, Court filing claims...

This quarter's Concerning Conduct, a summary of recent cases concerning culture and conduct, includes; “Overboarding” is a growing issue, Big four in Spain inspected over excessive working hours, EU says half of green claims are misleading, City minister concerned about...

Ex-Jones Day partner fined £25,000 over “burn” advice. BlackRock suffers $1bn pullback over ESG. HSBC ad’s banned for “greenwashing”. US directors resign after US DoJ rules over antitrust laws. KPMG head of Lower Gulf to resign. Senior Deloitte partner retires...

Cross-party UK MPs call for action on Russian dirty money. DE Shaw former money manager awarded $52 by Finra. Apple lawyer admits to insider trading. Brussels considering EU-wide agency for sanctions. ESMA admits to lacking skills to run consolidated price...

UK-listed port operator at risk of sanctions breach for harbouring Abramovich-linked yacht. City minister shifts to positive tone on crypto. Sunak’s wife agrees to pay UK tax on all income. Jersey freezes $7bn of assets linked to Abramovich. Twitter introduces...

Elizabeth Holmes found guilty of defrauding investors in blood-testing company Theranos. KPMG admits to misconduct over Carillion. Horta-Osorio quits as chair of Credit Suisse due to Covid breaches. AGM vote count blunder at Go-Ahead. DWS CEO suspicions related to Porsche...

Goldman Sachs removes essential staff’s free breakfast and lunch. PwC allows UK staff to work remotely but with risk of pay cut. Ireland falls into line on global tax. US not yet. UK accounting regulator warns over “alternative performance measures”....

Robinhood fined record amount and customer suicide cited. Watchdog concludes Greensill pressure to access Covid loan scheme was “unusual”. Regulatory risk hits investors in Didi Chuxing. Analyst who recommended Wirecard until its insolvency reinstated by Commerzbank. JPMorgan trader declared as...