2017

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OECD's Common Reporting Standard: Still Work to Do

14th February 2017
KPMG LLP, the US audit, tax and advisory firm, has issued a new survey report on the international Common Reporting Standard (CRS), which reveals that financial institutions impacted by the regulations still have much work to do to meet with the initiative's significant compliance challenges. The CRS, introduced by the Organisation for Economic Co-operation and […]
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More Than Four In 10 Lawyers Expect Their Law Firms to Increase Marketing Spend In 2017

14th February 2017
They may not have put out ads for the big game, but many law firms intend to make more of a splash this year. Nearly half (45%) of lawyers interviewed by Robert Half Legal anticipate their firms will boost marketing spending in the months ahead. Only 1% said marketing budgets would decrease. The survey was […]
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Hearing Date of Greatest Thalidomide Lawsuit in Germany Announced

13th February 2017
60 years after the market launch of Contergan (active ingredient: thalidomide), the greatest pharmaceutical scandal in the Federal Republic of Germany continues to boil. A lawsuit will be heard in the Bonn Regional Court at 12:00 hrs on the 15th February that is more explosive than appears at first sight. The Contergan victim Andreas Meyer, […]
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Half of UK SMEs Not ‘Gender Diverse’

13th February 2017
Over half (52%) of SME owners in the UK would not class their businesses as ‘gender diverse’, despite 65% feeling that enough is being done to encourage women into their sector. The results were obtained from the Close Brothers Business Barometer, a quarterly survey that questions over 900 UK SME owners and senior management across […]
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Are You Ready for the New Anti-Money Laundering Directive?

13th February 2017
Lawyer Monthly hears from Tom Orange, a solicitor at Byrne and Partners LLP, who outlines everything you need to know about the new rules and how to prepare your business for compliance.
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Widespread Shortcomings in Cybersecurity Readiness

13th February 2017
A study of 3,000 companies in the UK, US and Germany, conducted for specialist insurer Hiscox, reveals that more than half (53%) of businesses in the three countries are ill-prepared to deal with cyber-attacks. The Hiscox Cyber Readiness Report 2017 assessed firms according to their readiness in four key areas – strategy, resourcing, technology and […]
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Report of State Highway Safety Laws: Second Year of Unacceptable Increases in US Crash Deaths

10th February 2017
Advocates for Highway and Auto Safety (Advocates) have released the 2017 Roadmap of State Highway Safety Laws. The 14th annual report rates all 50 states and the District of Columbia (DC) on adoption of 15 basic traffic safety laws. This "report card" exposes deadly gaps in these essential laws and should serve as both a […]
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UK Businesses Exposed to Increased Risk of Modern Day Slavery

10th February 2017
Russia, Slovakia, India and Pakistan, according to the BSI Trafficking & Supply Chain Slavery Patterns Index, are all ‘severe risk’ source countries of ‘modern day slaves’ to the UK. Of the G7 nations, Italy is identified as a ‘high risk’ nation – partly due to the conflict in Syria. Greece and Turkey are additionally categorized […]
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Smart, Science-Based Regulation Needed to Advance America's Energy Renaissance and Jobs

10th February 2017
API President and CEO Jack Gerard testified before the Senate Commerce, Science and Transportation Committee last week on the need for smart, science-based oil and natural gas regulations so that American consumers and workers and the environment can continue to benefit from America's energy renaissance. "America is now leading the world in oil and natural […]
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Steep Rise in Health & Safety Fines

9th February 2017
The largest UK fines for health and safety incidents have increased substantially in the past year, with some of the biggest brands in business having to pay millions of pounds for failing to control serious risks to employees and the public. There were 19 fines of £1 million or more in 2016 – the largest […]
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