All Company Risk articles – Page 28
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Analysis
Beyond subprime
The impact of the US subprime mortgage crisis has been broad and it goes well beyond the financial services sector
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Corporates respond to ecosystem degradation
Akzo Nobel, BC Hydro, Mondi, Rio Tinto, and Syngenta ‘road-test’ new guidelines
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Limited impact on European insurers from Solvency 2: Fitch
Fitch said European insurer’s capitalisation levels are already significantly above the regulatory minimum
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Negligent care homes face unlimited fines
New corporate manslaughter charges could be bought against negligent care homes
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Points based immigration brings new risks: Alliance
Under new system employers face civil penalties of up to £10,000 for each illegal worker they hire
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EU takes enforcement action against UK and Belgium
States are accused of non-compliance with energy performance of buildings Directive
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Former Doral exec charged in $4bn securities fraud
Former treasurer accused of fraudulent reporting scheme to artificially inflate stock price
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Analysis
Rebuilding Wembley
It was over budget and late, but the risks associated with the Wembley Stadium rebuild were huge. The Finance Director for the FA subsidiary charged with the project has given a revealing insight into some of the issues
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Fidelity charged $8m for improperly accepting gifts
Execs accepted gifts, lavish entertainment and 'romantic relationships' that swayed the flow of brokerage business
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EU calls on Greece to grant fairer access to lignite
Commission wants to improve competition in the electricity sector
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Cyber risks could trigger UK director lawsuits: Aon
Directors could be held responsible if they fail in their duty of care to mitigate cyber risks, warns broker
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SEC proposes new privacy regulations
The proposed amendments would provide more detailed standards for information security programs
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Ministers propose new unfair trading regulations
The UK Government has laid draft regulations in Parliament for a new law to ban unfair sales
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Gen Re verdict is mixed blessing for industry: BestWeek
Could lead to new guidelines on the legitimate use of finite reinsurance, say experts
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Equities markets increase risks for D&O, warns insurer
Large multi-national firms are risking the threat of increased claims including class actions, says Zurich
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Employers face jail for failing to check on illegal workers
Under new laws employers will be subject to a criminal offence if they knowingly employ illegal migrant workers
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Network Rail fined £14m for overruns
The Office of Rail Regulation has fined Network Rail £14m following engineering overruns over Christmas and the New Year
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EU fines Microsoft Euro 899m for unreasonable pricing
Follows Microsoft’s breach of EU competition law by leveraging its monopoly in the computer operating system market
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UK announces carbon offsetting code
The UK Environment Secretary announces the final structure of the Code of Conduct for Carbon Offsetting
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EU should stick to 50% recycling targets: EEB
Environmental groups say proposed mininmum recycling targets could cut CO2 emissions by 89m tonnes per year