The Serious Fraud Office has added a new page of “useful links” to its pages on the Bribery Act 2010.
“Sniff the testosterone, glimpse the inflated egos”
John Kay on large company M&A in the FT:
“I once thought that however thin the public arguments for large corporate transactions, there was probably some serious analysis going on behind the scenes. Just as I once thought that whatever nonsense politicians might talk on public platforms, more substantive discussion took place when they retired to their offices.
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Seed-DB: A database of seed accelerators and their companies
Government accepts Wheatley recommendations on LIBOR in full; section 397 FSMA to be amended to widen criminal regime
HM Treasury has today announced that the Government is accepting the recommendations of the Wheatley Review of LIBOR in full. The Treasury’s press release is here and the ministerial statement is here (pdf). We covered the Wheatley recommendations in this post.
Section 397 of the Financial Services and Markets Act 2000 will be extended to capture the making of misleading statements to manipulate benchmarks such as LIBOR. From the ministerial statement: