by Hallie Donkin | May 8, 2024 | Features
In February, Secretary of State for Science, Innovation and Technology Michelle Donelan MP presented the government’s response to consultation concerning AI regulation, calling the developments in AI capabilities “a once-in-a-generation opportunity for the British...
by Scott Hanson, Cecile Bonino | May 6, 2024 | News
Fighting corruption & bribery- a key priority for the global profession 2023 marked a significant milestone in IFAC’s engagement on anti-corruption and anti-money laundering (AML), seeing the implementation of important initiatives under IFAC’s Action Plan...
by Hallie Donkin | May 3, 2024 | Blog
“Last year, a firm contacted me to say they’d read in the press that a client had been convicted of a drug trafficking offence, and wondering if some of the fees they’d been paid had been a result of that offence,” IFA Director of Professional Standards Tim Pinkney...
by Jasmine Crittenden | May 1, 2024 | Features
The Money Laundering Regulations 2017 aim to prevent money laundering via businesses by ensuring that professional services do what they can to reduce the risk. The regulations require that relevant professionals, including tax advisers and...
by Peter Gittins, Deema Refai | Apr 30, 2024 | Blog
Before the split, those subsidies helped British farmers to the tune of nearly £3 billion a year, which for some, made up 90% of their annual income. That system is now being phased out, in a move which the UK government claims will be more environmentally...