Seize Russian cash in UK to fund rebuilding of Ukraine, MPs demand March 14, 2023 MPs are urging the government to seize Russian cash in the UK to help rebuild Ukraine after Putin’s invasion. Frozen Russian assets should be seized and repurposed for reconstruction efforts, a debate in the House of Commons will argue this evening. Foreign affairs select committee chairman, Alicia Kearns, said: “Russia must be held accountable for [...]
US bans accountants and consultants from working with Russia May 8, 2022 The US government has told American citizens they are now banned from providing professional services to anyone in Russia, as part of new sanctions in response to the war in Ukraine. The White House said today that all US persons are now banned from providing accounting, trust and corporate formation, and management consulting services to [...]
Premier League to ban potential owners on human rights grounds March 30, 2023 The Premier League has announced tougher rules for anyone looking to buy one of its clubs, including incorporating human rights in its new owner’s and directors’ test (OADT). English top-flight clubs unanimously approved the changes, which will take effect immediately, at a shareholders’ meeting today. Potential owners could now be banned from purchasing clubs if [...]
US accuses Georgia government of running scam call centres August 14, 2024 The Georgian government has been accused of operating scam call centres that defraud UK investors of millions each year. The Commission on Security and Cooperation in Europe – also known as “the Helsinki Commission” – called on the US State Department to launch an immediate crackdown on the Georgian Dream party. A statement released by [...]
Spurs: Fifa ban club’s managing director of football Fabio Paratici March 29, 2023 Tottenham Hotspur’s search for a new manager has been plunged into uncertainty after the club’s managing director of football, Fabio Paratici, was handed a worldwide ban. Fifa confirmed on Wednesday that it had agreed to a request from Italian football chiefs to extend globally a 30-month domestic ban issued to Paratici in January. Paratici was [...]
Liverpool mayor: Everton face double jeopardy in process where fairness is called into question January 15, 2024 The mayor of Liverpool Steve Rotheram has lambasted the decision by the Premier League to charge Everton and Nottingham Forest with overspending. The Premier League clubs were slapped with charges on Monday with the league stating: “Everton FC and Nottingham Forest FC have each confirmed to the Premier League that they are in breach of [...]
Exclusive: Sexton could be forced into early retirement with 24-week ban June 12, 2023 Ireland fly-half Johnny Sexton could be forced into an early retirement by a 24-week ban, City A.M. has learned. That is the mid-range sanction Sexton is facing if found guilty of threatening match officials at the end of Leinster’s European Champions Cup final defeat by La Rochelle last month. Sexton has been accused of three [...]
Tribunal dismisses anti-money laundering case against Dentons March 11, 2024 The Solicitors Disciplinary Tribunal has dismissed an anti-money laundering claim against law firm Dentons. Dentons was at trial last week after the legal regulator Solicitors Regulation Authority referred the firm to the Tribunal. The SRA said the firm failed when acting for a politically exposed person (PEP) to take adequate measures to establish his source [...]
Rosneft plans £3bn dividend payout as Russia scrambles for revenues November 14, 2022 Rosneft has confirmed it will make its first ever nine-month dividend pay-out, as Russia scrambles to raise revenues to boost flagging economy.
Non-financial misconduct: Will the FCA take a leaf out of the legal regulator’s book? May 3, 2024 All eyes are on the FCA's non-financial misconduct rules, but they may be a copy of the legal regulator rules, which is notorious for being strict