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Television workers twice as likely to have attended private schools

Breaking the class ceiling – social make-up of the TV industry revealed. The UK’s television industry is strongly skewed towards people from privately-educated backgrounds, according to Ofcom research on the sector’s diversity. Ofcom’s annual Diversity and Equal Opportunities in Television report [1] examines the social and economic background of the television industry for the first [...]

September 18th, 2019|Comments Off on Television workers twice as likely to have attended private schools

Government responds to the proposed acquisition of Cobham plc by Advent International

Business Secretary Andrea Leadsom responds to the proposed acquisition of UK defence company Cobham plc by Advent International. On 25 July 2019, Cobham, a UK defence company, announced that it had agreed an arrangement to be taken over by a subsidiary of Advent International, a US private equity firm, in a deal worth approximately £4 [...]

September 18th, 2019|Comments Off on Government responds to the proposed acquisition of Cobham plc by Advent International

ASA Rulings published

The Advertising Standards Authority (ASA) rulings are published every Wednesday and set out on the public record how, following investigation, the advertising rules apply and where the ASA draw the line in judging whether an ad has broken the rules. This week’s rulings have been published, and the following advertisers have been formally investigated. Rulings [...]

September 18th, 2019|Comments Off on ASA Rulings published

Adam Farkas steps down as EBA Executive Director

Adam Farkas has announced his resignation from his post as Executive Director of the European Banking Authority (EBA), which will be effective on 31 January 2020. The EBA's Board of Supervisors (BoS) has conducted an assessment of the potential conflict of interest arising from Adam Farkas' proposed future employment at the Association for Financial Markets [...]

September 17th, 2019|Comments Off on Adam Farkas steps down as EBA Executive Director

Australian online fraud syndicate dismantled

Online fraud syndicate dismantled after allegedly siphoning millions from shares and superannuation accounts. A 21-year-old Melbourne woman is due to appear before Court today as part of investigations into a major fraud and identity theft syndicate, which resulted in alleged thefts from the superannuation and share trading accounts of innocent victims worth of millions of dollars. The [...]

September 17th, 2019|Comments Off on Australian online fraud syndicate dismantled

FRC EU exit preparations

To assist with preparations for the UK's exit from the EU, the Financial Reporting Council (FRC) is writing to Audit Committee Chairs and Finance Directors setting out some of the generic actions companies should consider in advance of the UK’s exit. A copy of the letter can be found here. Source: FRC

September 16th, 2019|Comments Off on FRC EU exit preparations