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The UK’s regulator of auditors and accountants, the Financial Reporting Council (FRC), has launched a “state of the nation” review into the audit profession in a bid to ensure audit better serves the public interest. 08 Oct 2018
The number of enforcement actions opened by the Financial Conduct Authority (FCA) has rocketed by 23% during the last 12 months, with the number of investigations into governance issues and financial crime soaring. 15 Aug 2018
Automotive manufacturers selling vehicles in China are subject to strict rules governing product safety and must follow procedures set by a regulator when undertaking recalls. Manufacturers face financial losses, regulatory fines and significant reputational...
European law requires food businesses to ensure that only food which is safe is placed on the market. These requirements affect all stages of production, processing and distribution of food.
The criminal law imposes duties on both employers and suppliers to ensure that products provided for use at work are safe and free from risk. Failure to discharge these duties exposes businesses to the prospect of investigation by the regulators.
Along with a detailed regulatory regime, manufacturers and suppliers of products for use by UK consumers and in UK workplaces are bound by contractual and non-contractual obligations.
The UK's consumer product safety regulatory regime is broadly derived from EU legislation, which imposes obligations on each of the players in the supply chain from manufacturer through to distributor.
The Consumer Rights Act aims to rectify the traditional complexities of UK consumer law by consolidating eight pieces of separate legislation in this area into a single piece of legislation.
The recently-launched UK body charged with overseeing product safety has unveiled plans to strengthen the regulatory regime for product safety and standards, including proposals to set up a national incident management team capable of coordinating large scale... 15 Aug 2018
A new insurance and liability regime for driverless cars has been finalised in the UK. 02 Aug 2018
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