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Cable may tie down Goodwin, despite his eluding the FSA’s net; Turner and Sants call for smaller holes

RPC
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United Kingdom
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June 26 2012

In response to the October 2008 failure of RBS, news reports suggest that Vince Cable MP, Secretary of State for Business, Innovation and Skills, may apply for an order to disqualify Fred Goodwin from being able to hold any future directorship of a UK company

More CASS casualties

RPC
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United Kingdom
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November 8 2011

Recent announcements regarding Towry Investment Management Limited and MF Global UK confirm the protection of client money and custody assets remains one of the FSA’s top priorities

Suing naughty fiduciaries: delay is okay in claims ...

RPC
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United Kingdom
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June 17 2011

A recent High Court case involving unlawful loans to directors illustrates the potential pitfalls involved in calculating limitation periods, and the circumstances in which the usual six year statutory limitation period will not apply to a recovery claim against a fiduciary

House of Lords Economic Affairs Committee inquiry update

RPC
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United Kingdom
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January 27 2011

As reported in our last Update, the House of Lords began its inquiry examining the audit industry during the financial crisis and the concentration of the audit market in the UK on 12 October 2010

FSA consultation on improving auditors reports on client assets

RPC
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United Kingdom
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November 22 2010

On 27 September 2010 the FSA published a consultation paper on improving the quality and consistency of auditor's reports on client assets

FSA talks tough about auditors and actuaries

RPC
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United Kingdom
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November 22 2010

The FSA has entered the vigorous debate on the role of auditors and actuaries in the recent financial crisis

Freezing orders and fortification of cross-undertakings

RPC
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United Kingdom
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August 12 2010

On 21 May 2010, Justice Floyd handed down his judgment in Bloomsbury International Ltd (in administration) v Mark Alan Holyoake

Court of Appeal considers efficacy of subordination provisions in group guarantees

RPC
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United Kingdom
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July 13 2010

The Court of Appeal has recently considered the extent of subordination provisions in a group guarantee

Implications for accountancy firms following the FSA’s decision to fine HSBC for data protection breaches

RPC
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United Kingdom
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August 5 2009

The FSA’s recent decision to fine HSBC for sending unencrypted personal data by post and for keeping personal paper files on site but not locked up could have consequences for FSA authorised accountants

Northern Rock decides not to pursue claims against directors or auditors

RPC
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United Kingdom
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December 31 2008

The former Chief Executive of Northern Rock and many of his fellow directors have escaped legal action following the collapse of the bank

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Search results

Cable may tie down Goodwin, despite his eluding the FSA’s net; Turner and Sants call for smaller holes

More CASS casualties

Suing naughty fiduciaries: delay is okay in claims ...

House of Lords Economic Affairs Committee inquiry update

FSA consultation on improving auditors reports on client assets

FSA talks tough about auditors and actuaries

Freezing orders and fortification of cross-undertakings

Court of Appeal considers efficacy of subordination provisions in group guarantees

Implications for accountancy firms following the FSA’s decision to fine HSBC for data protection breaches

Northern Rock decides not to pursue claims against directors or auditors

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