Displaying 1-10 of 35 results
‘Persons connected with Russia’ – ICAEW seeks clarification
- Article
- 15 Aug 2022
Members and member firms have voiced concerns about the interpretation of recent legislation regarding prohibition of certain services and its practical effects.
PII market update: COVID, sanctions and cyber
- Article
- 12 Aug 2022
In our latest update on professional indemnity insurance (PII), we look at the continuing hard market and how some key issues – from COVID-19 and Russian sanctions to the ever-present risk of cyber attacks – could affect the renewal process.
Sanctions evolution may cause inadvertent breaches
- Article
- 01 Aug 2022
The ongoing evolution of sanctions across multiple jurisdictions and the complexity of global supply chains mean that organisations could unwittingly find themselves in breach of sanctions rules.
ICAEW regulatory round-up: July 2022
- Article
- 27 Jul 2022
This month’s update includes further information on upcoming changes to the disciplinary framework and the latest guidance on Russian sanctions. We speak to a small independent practice about how they’re using our latest training film All Too Familiar and invite you to a crypto assets webinar.
Prohibition on provision of accountancy services to Russia comes into force
- Article
- 21 Jul 2022
On 20 July 2022, the government laid new regulations in Parliament that will prohibit the provision of certain services, including ‘accountancy services’ and ‘management consultancy services’, to Russian companies.
Locking Russia out of UK accountancy services
- Article
- 06 Jul 2022
UK foreign secretary, Liz Truss, recently announced a ban on providing accountancy services to Russian businesses. As the sector awaits further details and a timetable for implementing these latest sanctions, Michelle Giddings, ICAEW’s Head of AML, outlines the likely implications and what firms can start doing to prepare.
How should accountants react to sanctions evasion proposals?
- Article
- 05 Jul 2022
Evading sanctions should be harmonised as a criminal offence across the entire EU, according to Brussels proposals. What does this mean for the accounting profession?
OECD: the heavy global price of Russia’s war against Ukraine
- Article
- 20 Jun 2022
Russia’s invasion of Ukraine immediately slowed the recovery from the COVID-19 pandemic and set the global economy on a course of lower growth and rising inflation.
Major changes to government sanctions’ enforcement powers
- Article
- 14 Jun 2022
The Economic Crime Act gives the Office of Financial Sanctions Implementation more power to impose penalties.
How UK businesses can offer work to Ukrainian refugees
- Article
- 09 May 2022
ICAEW advises businesses to follow new government guidance as they look to welcome Ukrainians displaced by the war into their workforces.
Displaying 1-10 of 35 results