FCA defends ‘name and shame’ plans after City backlash April 29, 2024 The Financial Conduct Authority (FCA) has launched a robust defence of its plans to ‘name and shame’ companies under investigation today after a fierce backlash against the proposed changes in recent weeks.
Law firm mulls legal claim against Home REIT sister fund April 25, 2024 A law firm is considering bringing a legal claim against a Home REIT sister fund, which has collapsed in value and is being investigated by the Financial Conduct Authority (FCA), City A.M. has learned.
Investors in London-listed medical tech firm continue battle to oust top brass April 24, 2024 Investors in a London-listed medical technology firm are continuing their campaign to oust the company’s top brass as its share price languishes.
M&S pension scheme faces hefty losses as FCA probes Home REIT sister fund April 24, 2024 The M&S pension scheme is facing huge potential losses after pumping cash into a Home REIT sister fund that is now under investigation by the Financial Conduct Authority (FCA), City A.M. can reveal.
SFO strategy details new pilot programme – but leaves some questions unanswered April 18, 2024 The UK’s Serious Fraud Office (SFO) has vowed to push ahead with its plan to pay rewards to whistleblowers and develop a new “pilot programme” to thwart fraud, bribery and corruption, according to its new strategy published today.
Boeing whistleblower ‘ignored’ after flagging alleged manufacturing shortcuts April 18, 2024 A Boeing whistleblower has claimed that he was repeatedly ignored after raising concerns about alleged manufacturing shortcuts at the airplane maker.
PwC Hong Kong denies claims about China Evergrande audits in anonymous letter April 16, 2024 PwC Hong Kong has denied claims set out in an anonymous letter circulating on Chinese social media about its audit work for property developer China Evergrande Group.
Fintech boards lack AI skills needed to drive future growth, survey finds April 15, 2024 Company boards of the UK’s top fintechs lack the necessary skills and experience in artificial intelligence, a new survey has suggested, which could hold back future growth for these firms.
Markets await March inflation data for new signals on interest rate cuts April 14, 2024 Analysts expect the headline rate of inflation for March to ease to 3.2 per cent from 3.4 per cent, when new figures are published this week.
Who is Tom Dawes? The Home REIT mystery man that profited from property deals April 11, 2024 Home REIT has been mired in scandal for over a year. For the first time, City A.M. can reveal the existence of a previously undisclosed businessman in the middle of a string of its property deals
