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Regulatory Blog

20 April 2018

Will the so-called ‘Prince of Darkness’ ring the changes for the HMCTS?

My Twitter feed is full, on a daily basis, with anecdotal evidence from fellow lawyers of significant failings in the courts system; defendants not being produced, court equipment not working, unacceptable delays in listing, etc.   The ‘creaking and dysfunctional’ system described by Michael Gove in 2015 appears to persist.

Sarah Harris

20 April 2018

Private prosecutions for crimes against wildlife

Badger baiting and bat nest destruction, seal shooting and raptor persecution are just some of the wildlife crimes that are becoming increasingly common in the UK, according to the recent Wildlife and Countryside Link’s Wildlife Crime report. These cruel and grotesque acts include forcing badgers to fight with dogs for sport, or enabling the illegal trade of products harvested from CITES-listed species. Sadly, successful prosecutions for these offences may represent only a fraction of the number of atrocities committed.

Melinka Berridge

19 April 2018

First time offenders avoid exclusion in ICAEW disciplinary hearing

In a decision published this month, ICAEW member firm Butterworth Barlow Ltd and its Directors, Gavin Butterworth and Barry Barlow, were given severe reprimands and fines following an ICAEW disciplinary hearing earlier this year.

18 April 2018

A new international ethical compass for regulated accountants

Last week The International Ethics Standards Board for Accountants® (IESBA®) released a new Code of Ethics for professional accountants. The IESBA is the global independent standard-setting body that sets ethical standards, including auditor independence requirements for professional accountants. IESBA is one of the standard setting boards of the International Federation of Accountants (IFAC). IFAC is a global body for the accountancy profession which aims to strengthen the profession and contribute to the development of strong international economies.  

Julie Matheson

11 April 2018

Will Grant Thornton be the catalyst for change in the audit market?

Grant Thornton last week announced that it has decided to opt out of bidding for audit work for FTSE 350 companies, in a move that could ultimately cause a seismic shift in the audit market.

Julie Matheson

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