ANTI-BRIBERY RULES TO GET EVEN TOUGHER November 24, 2009 TOM EPPSPARTNER, RUSSELL JONES & WALKER BEFORElast week, some might have suspected the wave of criminal investigations into corporate corruption over the last 12 months was a blip. The inclusion of the Bribery Bill in the Queen’s Speech, however, should convince everybody that such investigations are here to stay. The bill, which is understood to [...]
Briatore lands blame in race-fixing row September 17, 2009 RENAULT boss Patrick Pelata has heaped the blame on departed team chiefs Flavio Briatore and Pat Symonds for the controversial race-fixing row. The French-based team are appearing before the sport’s governing body, the FIA, in Paris on Monday after being accused of ordering former driver Nelson Piquet Jr to deliberately crash in last year’s Singapore [...]
EU leaders in bonus threat September 16, 2009 EUROPEAN leaders are today set to agree plans for greater control over bankers’ pay ahead of next week’s G20 meeting in Pittsburgh. In a statement expected to be endorsed at an EU meeting in Brussels this evening, the leaders will call on G20 countries to stand by commitments “to encourage… a strong link between compensation [...]
BALANCING ACT November 4, 2009 UK FINANCIAL Investments (UKFI) boss John Kingman yesterday warned the agency was “walking a tightrope” as it attempted to limit bonus payments while avoiding an exodus of talent at Britain’s bailed out banks. The public was “understandably angry” at fat cat bonus payments, said Kingman, the departing chief executive of the body managing the government’s [...]
Potters say sorry to Euell September 24, 2009 STOKE CITY have apologised to Blackpool midfielder Jason Euell after he was racially abused during Stoke’s Carling Cup win at the Britannia Stadium on Tuesday. Police are investigating the allegations from the 32-year-old, who has been supported by manager Ian Holloway. A spectator, detained on the night, has been released on bail and Stoke chief [...]
Boss Briatore quits amid Renault race-fixing row September 16, 2009 RENAULT’S future in Formula One was left hanging by a thread last night after boss Flavio Briatore left the team to face the music on charges of fixing the 2008 Singapore Grand Prix. Briatore quit along with executive director of engineering Pat Symonds after the French team decided not to contest the charges ahead of [...]
Boss Briatore quits amid Renault race-fixing row September 16, 2009 RENAULT’S future in Formula One was left hanging by a thread last night after boss Flavio Briatore left the team to face the music on charges of fixing the 2008 Singapore Grand Prix. Briatore quit along with executive director of engineering Pat Symonds after the French team decided not to contest the charges ahead of [...]
FSA censures traders after their appeal October 7, 2009 THE FINANCIAL Services Authority yesterday censured two bond traders who had appealed against market abuse allegations, stopping short of issuing a hefty fine or a lifelong ban. The news prompted speculation that more people would now choose to appeal to the FSA Regulatory Decision Committee (RDC), as the watchdog forges ahead with its aggressive enforcement [...]
FSA censures traders after their appeal October 7, 2009 THE FINANCIAL Services Authority yesterday censured two bond traders who had appealed against market abuse allegations, stopping short of issuing a hefty fine or a lifelong ban. The news prompted speculation that more people would now choose to appeal to the FSA Regulatory Decision Committee (RDC), as the watchdog forges ahead with its aggressive enforcement [...]
Defiant Chelsea hit back as FIFA impose transfer ban September 3, 2009 ANGRY Chelsea chiefs last night vowed to launch the “strongest possible appeal” to a sensational FIFA ruling which banned them from making any new signings until January 2011. The Blues were hit with the astonishing penalty after being found guilty of inducing promising youngster Gael Kakuta to breach his contract with French club Lens two [...]