Included in this issue: BRIBERY AND CORRUPTION: Rolls-Royce faces second investigation in Brazil | CYBER CRIME: The Internet Organised Crime Threat Assessment | HEALTH & SAFETY: Hayes Fuels death: Firm admits breaching health & safety legislation | Chemical firm in court after explosion blows hole in factory | Repeated raw sewage leaks, lead to one of the largest water company fines | Sentencing following death of employee whilst excavating land | FRAUD: BoE probed over guidance to lenders in financial crisis emergency auctions | SANCTIONS: Annual frozen assets reporting exercise | GENERAL: Audi and Skoda say 3.3m cars have 'cheat' emissions software | PM says not enough is being done to tackle tax evasion | Modern Slavery Act 2015 - requirement
Bribery and Corruption
Rolls-Royce faces second investigation in Brazil
Rolls-Royce faces a second investigation in Brazil over its relationship with Brazil state-owned oil company, Petrobras.
The SFO was unable to comment on whether its investigation is now looking at the company’s activity in Brazil.
The Guardian, 27 September 2015
The Internet Organised Crime Threat Assessment
Europol issues its review of internet organised crime.
The review identifies the threats visibly impacting on industry and private EU citizens. It undertakes a forward-looking assessment of future risks and emerging threats and provides recommendations to assist in preventing cyber crime.
Europol, 30 September 2015
Health & Safety
Hayes Fuels death: Firm admits breaching health & safety legislation
One of Northern Ireland's fuel distributors has admitted breaching health and safety legislation in connection with the death of one of its employees. A number of health and safety breaches were found and both the director and risk manager pleaded guilty.
The judge adjourned sentencing for one month.
BBC News, 25 September 2015
Chemical firm in court after explosion blows hole in factory
A chemical firm has been fined after a hydrogen explosion blew a vessel lid through a factory roof. The company was fined £80,000 and ordered to pay £80,000 in costs.
Health and Safety Executive, 25 September 2015
Repeated raw sewage leaks, lead to one of the largest water company fines
Severn Trent Water Limited was fined £480,000 and ordered to pay Environment Agency Costs of £13,675.38 in relation to a number of pollution incidents.
Environment Agency, 25 September 2015
Sentencing following death of employee whilst excavating land
Linley Development Limited pleaded guilty to Corporate Manslaughter after a retaining wall collapsed on their employee. The company was fined £200,000 and ordered to pay towards the prosecution costs.
The Managing Director and Project Manager both pleaded guilty to contravening health and safety regulations and were both sentenced to six months in prison for each offence, suspended for two years.
Hertfordshire Constabulary, 25 September 2015
BoE probed over guidance to lenders in financial crisis emergency auctions
The Serious Fraud Office is investigating whether Bank of England officials rigged auctions by telling lenders to make similar bids for central bank funding.
It is understood that a decision on whether to bring charges is expected before the end of the year.
The Telegraph, 28 September 2015
Annual frozen assets reporting exercise
As part of its annual frozen assets reporting exercise, HM Treasury requires any person or entity that holds or controls assets belonging to a designated person to provide it with the details of all frozen accounts and other funds or economic resources no later than Friday 16 October 2015. The report should include the value of such assets as at close of business on Wednesday 30 September 2015.
A failure to comply with or any action to circumvent this request is a criminal offence.
Audi and Skoda say 3.3m cars have 'cheat' emissions software
Audi and Skoda say that 3.3 million cars were fitted with a software that allowed parent company Volkswagen to cheat US emission tests.
The former chief executive, Martin Winterkorn will be investigated over "allegations of fraud in the sale of cars with manipulated emissions data".
BBC News, 28 September 2015
PM says not enough is being done to tackle tax evasion
David Cameron accuses some British overseas territories and crown dependencies of not doing enough to tackle tax evasion and money laundering.
The Guardian, 30 September 2015
Modern Slavery Act 2015 – requirement
From October, businesses with a turnover of £36 million or more are required to publish an annual slavery and human trafficking statement explaining what steps they have taken to prevent slavery and human trafficking taking place in any of their supply chains or their own businesses.
Prime Minister's Office, 29 July 2015