City watchdog launches probe after whistleblower’s death raises questions Legal The Financial Conduct Authority (FCA) has launched a probe into how the regulatory body interacted with a whistleblower who recently took his own life. Simon Andriesz, a former managing director at BGC Partners, had blown the whistle on alleged links between the US secretary of commerce Howard Lutnick and convicted sex offender Jeffrey Epstein. He [...]
Businesses have one defence amid ‘seismic shift’ in UK fraud law Business Fraud laws have received a major shake up and businesses have been sent a stark warning to be weary of the “hidden danger”. New failure to prevent fraud offence, which came into effect today, mean firms could face prosecution from fraud committed by employees – even if management was unaware of it. Large firms will [...]
Sarkozy: Former French president on trial over alleged Gaddafi financing Politics Former president of France Nicolas Sarkozy goes on trial today over allegations he received funding from the late Libyan dictator