All Company Risk articles – Page 24
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Features
Strategic planning to reduce flood impact across Europe
On 26 November 2007, the new European Directive on the assessment and management of flood risks entered into force. For the first time, EU legislation requires its members to plan strategically to reduce the adverse consequences of flood events on human health, economic activities, the environment and cultural heritage. ...
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US begins screening tankers for spill plans
The Coast Guard said it would enforce new regulations that require owners to have a plan to respond to vessel discharges
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Jury awards Mattel Bratz payout
Mattel wins a copyright infringement claim against MGA Entertainment, damages figure disputed
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CC may order BAA to sell off airports
The competition inquiry found problems stemming from ownership and regulatory frameworks
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Venezuela nationalises cement industry
Government seizes controlling stakes in Lafarge and Holcim and physically takes over Cemex plants
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US officials sentenced for bribery
Two former government commissioners have been sentenced for a $1.4m kickback scandal
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US regulators propose enhancing insider trading surveillance
The SEC proposes centralising under two enforcement authorities
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Corrupt sales staff cost firm $30m
A US hardware company has agreed to pay restitution to clients who were given incentives to buy products at higher prices
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UBS to return ARS money to investors
The SEC has reached an agreement with the Swiss bank to return $22bn to customers
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Connecticut sues Countrywide over subprime loans
The state seeks restitution as well as fines for pushing unaffordable home loans
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FSA swoops on City bankers
Arrests eight individuals as part of crackdown on insider trading rings
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$8.8m fine proposed against Imperial Sugar
Proposed penalty follows safety violations leading to refinery explosion that killed 13, says OSHA
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Aon calls for compulsory broker transparency
Clear and consistent disclosure is in the interests of all clients, says broker
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Construction firm fined for putting homes at risk
A Surrey construction firm was fined after homes it worked on were found to be at risk of lethal CO build-up
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Analysis
Equitable or not
Garry Honey says Britain’s regulators have often fallen short, but what’s that mean for business?
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CEA urges EU to support block exemption
The European insurance federation says without BER availability, pricing and choice would suffer
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Conflicts of interest widen under Companies Act: Lawyer
Rules have extended directors duties to include situations where conflicts of interest might arise in the future
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ABPI suspends Roche over obesity drug sales
The British medical trade association has suspended Roche for 6 months and accused it of bringing discredit on the industry
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Shareholders ask regulator to investigate Fortis
The Dutch Investors Association said Fortis knowingly misled shareholders over solvency