Reforming audit and governance – do the government’s plans go far enough? • High Pay Centre
https://highpaycentre.org/reforming-audit-and-governance-do-the-governments-plans-go-far-enough/
Luxury London homes still used to launder illicit funds, says report
https://www.theguardian.com/money/2020/dec/21/luxury-london-homes-still-used-to-launder-illicit-funds-says-report?CMP=Share_AndroidApp_Other
EY chairman admits ‘regret’ over Wirecard failures in letter to clients
Is lax oversight a feature or a bug in the global audit industry? It seems every time a major fraud is uncovered the leadership breaks out the standard playbook: 1) We were fooled as well, 2) It’s not our job to uncover fraud and 3) we promise to do better. Though massive fraud garners the …
Jim Chanos: ‘We are in the golden age of fraud’
Jim Chanos: ‘We are in the golden age of fraud’ – https://on.ft.com/39rOiHC via @FT
Wirecard fights for survival as it admits scale of fraud
Once again failed by auditors and rating agencies (investment grade until last week). Wirecard fights for survival as it admits scale of fraud – https://on.ft.com/311vflw via @FT
The 1MDB scandal: what does it mean for Goldman Sachs?
The 1MDB scandal: what does it mean for Goldman Sachs? – 1MDB scandal: what does it mean for Goldman Sachs? I’m reading the book Billion Dollar Whale about 1MDB and if it’s to be believed culpability goes to the highest levels at Goldman – Cohn and Blankfein. It was at a minimum willful blindness. I …
Sweeping overhaul to audit proposed by government review
Sweeping overhaul to audit proposed by government review – https://on.ft.com/36IhFD4 via @FT
Soaring Student Debt Opens Door to Relief Scams – The Wall Street Journal.
Soaring Student Debt Opens Door to Relief Scams https://www.wsj.com/articles/soaring-student-debt-opens-door-to-relief-scams-11566826805
Barclays London Stocks Unit Is Thriving on Tax-Reduction Trades
Barclays London Stocks Unit Is Thriving on Tax-Reduction Trades https://www.bloomberg.com/news/articles/2019-05-31/barclays-london-stocks-unit-is-thriving-on-tax-reduction-trades
Nordea Gets Drawn Deeper Into Nordic Dirty Money Scandal
Nordea Gets Drawn Deeper Into Nordic Dirty Money Scandal https://www.bloomberg.com/news/articles/2019-03-04/nordea-reportedly-handled-almost-800-million-in-dirty-funds