UK: £1 Billion Fraud Probe Delayed Again, Victims Left Uncompensated
Results from an internal investigation launched in 2017 into an alleged cover-up of a £1 billion (US$1.32 bn) fraud scandal...
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Prem Sikka
Poll Shows Strong Public Support For Crackdown on Tax Havens
A recent poll conducted in six EU countries and the U.S. showed that there is a strong consensus emerging from the general...
Critics Say UK’s Proposed Big 4 Auditing Reforms are Toothless
U.K. regulators said on Monday that the four of the world’s largest accounting firms, known as the Big Four, will have to...
Large Auditing Firms Probed for Role in £230m Investment Scandal
The United Kingdom’s Financial Reporting Council announced on Wednesday that it would investigate the audits of two “Big...
Tax Haven Companies Own Billions Worth of Scottish Property
More than half of the £4.4 billion (US$5.48 billion) worth of foreign-owned Scottish property can be traced to companies...
Int’l: US Shows Robust Enforcement of FCPA
Last week’s news that the US Department of Justice had indicted nearly two dozen people for alleged foreign corporate...