All Liabilities articles – Page 21
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Walker’s final review published
Proposes strict measures on corporate governance, pay and a powerful Chief Risk Officer role
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Recession is a catalyst for business change
CBI outlines emerging trends in supply chains, corporate finance and workforce dynamics
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Macro prudential tools vital to future financial stability
Lord Turner outlines reforms to regulation and supervision of large financial firms
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Commercial litigation leaps 10% following credit crisis
Over 70,000 civil law cases were launched in the High Court in 2008, says RPC
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Hundreds of flooded homes evacuated in Cumbria
There are currently 6 severe flood warnings, 25 flood warnings and 51 flood watches in place across the UK
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Recovery too timid to halt rising unemployment
Removing stimulus measures has to be carried out gradually to avoid undermining the recovery, warns OECD
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Analysis
Reform and cooperation essential for recovery, says Geithner
US Treasury Secretary outlines the reforms needed to keep the economy on track for a sustainable recovery
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Corruption threatens economic recovery
The majority of countries score poorly on a new corruption index
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Energy users face credit and supply crisis
Businesses are being asked by their providers for large cash sums up-front in order to secure essential energy supplies
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UK proposes £500,000 fine for data breaches
The government launches consultation on whether breaches of the Data Protection Act should be met with penalty fines
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FSA fines UBS worker for role in illegal trading
Regulator also bans Andrew Cumming from the financial services industry
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Marsh pays $435m to settle shareholder lawsuits
Duperreault says: “We are happy to put it behind us.”
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UK Bribery Bill due in next Parliamentary session
New law intended to simplify current legislation
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Copenhagen climate agreement in deadlock
India’s special enjoy on climate change says that a global commitment to reduce emissions is a long way off
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Brokers ordered to prepare clients for swine flu
Insurers and brokers should advise their clients to take out business continuity plans, said Crisis Survivor
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Corporate manslaughter fines could run into millions
Fines range upwards from £500,000, according to draft rules on the corporate manslaughter offence
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Interviews
US economy sheds 190,000 more jobs
The unemployment rate hit 10.2% in the US last month, according to the US Department of Labour