Accountability

Artful Paltering – using truthful statements to mislead others

https://www.youtube.com/watch?v=gq7Lf2SzM6M Referring to his relationship with Monica Lewinsky, U.S. President Bill Clinton claimed “there is not a sexual relationship.” The Starr Commission later discovered that there “had been” a sexual relationship, but that it had ended months before Clinton’s interview with Jim Lehrer. During the interview, Clinton made a [...]

September 8th, 2021|

Mind the Gap between Account and Ability: The FCA + the Senior Managers Regime for Accountability

The new UK rules on personal responsibility places firms and senior managers into a new world of regulatory requirements and obligations. It remains to be seen how industry standards will develop to protect well-intentioned senior managers from being held responsible for their firms’ regulatory breaches and how firms might structure [...]

June 5th, 2016|