Britain’s anti-corruption watchdog on Monday called for a radical overhaul of the system, which will see politicians with “poor ethical standards” facing tougher sanctions including fines and resignations. Lord Evans of Weardale, chair of the Committee on Standards in Public Life, said the watchdog’s latest report points to “a necessary programme of reform to restore…
Britain’s Sunak Accepts Call for Financial Reforms After Greensill Collapse
British finance minister Rishi Sunak has ordered two immediate reviews of the country’s financial regulation related to the collapse of supply chain finance firm Greensill Capital. In a letter to a parliamentary committee that issued a report in July related to Greensill’s collapse, released on Friday by the same committee, Sunak said he had accepted…
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