Category Archives: Fidelity

Serious Fraud Office victory in long arm jurisdiction case

male colleague looking towards a female colleague having a discussion

A lot of press attention has been directed to the recent defeat of the Serious Fraud Office (SFO) in the Court of Appeal in its attempt to prevent a company under investigation from relying on litigation privilege to withhold documents. … Continue reading →

Don’t let your actuaries sit on the bench on IFRS17

Accountant adding figures on a calculator

IFRS17 may be an accounting standard, but getting ready for it requires serious actuarial input. The January 1, 2021 live date for the new international insurance accounting standard, IFRS17, is somewhat deceptive. The reality is that, due to the need … Continue reading →

An insurer’s ‘duty to speak’

a man and a woman in suits talking at a table with papers in front of them

Does an insurer have a duty to tell you that unless you take certain steps, you will lose rights under a policy of insurance? Depending on the facts, the answer may be yes. In the first Ted Baker Plc. and … Continue reading →

Is Belgium pitching for more company head offices with new law limiting director liabilities?

man in a suit with a watch signing a contract

With a lot of attention right now on head office location, not least in the context of BREXIT and passporting under European Union rules, there may be a new factor to bear in mind. My thanks go to Bart Vanstaen … Continue reading →

The risk manager of the future

Some people miss the good old days. I don’t. I’ve been around since the days when business was done on a napkin with people who were more like buddies than business partners and yes, when the deal was done, there … Continue reading →

Our Scariest Fidelity Risk – When Employees Collude in Fraud

Scariest risks 2014

Most companies believe their internal controls and procedures are adequate and will reduce the likelihood of fraud occurring. However, many companies continually grow and change, forgetting to test and adjust internal controls along the way. One client of mine relied … Continue reading →