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...After insurance payouts, the French group will book a non-recurring charge of $213mn before tax in the fourth quarter of 2023....
...“It’s really going to be incumbent on the agency to take all actions necessary to come to grips with this and to address it effectively.”...
...George Gillham, partner and head of contentious tax at Fieldfisher, said there was “an element of cash grab” about HMRC’s actions....
...The head of a top US banking regulator admitted on Tuesday that some of his agency’s employees had experienced harassment in its workplace, and vowed, once again, to take action to address the issue....
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...“It will also potentially make it much easier for enforcement agencies to check if violations have taken place.”...
...The construction industry had the widest gap at 32 per cent, followed by financial and insurance services at 26 per cent....
...Tune in to the final round of Biz Quiz on Saturday November 18 (7.15am GMT) to test your knowledge of the global news cycle....
...US agencies’ programs could aid these efforts....
...Rating agencies are also starting to take action. S&P this month downgraded Thames Water’s top-ranked class A debt to BBB-, the bottom rung of investment-grade, just one notch above junk....
...Or, as an economist might say, there is a collective action problem....
...Her comments come after a year of enforcement actions and charges from US authorities against some of the biggest names in the crypto market....
...and insurance brokerages....
...Last week the US Federal Housing Finance Agency presented its report on the future of the Federal Home Loan Banks....
...This year some of the world’s largest insurers and reinsurers, including SwissRe, quit a collective action group on tackling climate change following legal threats from some Republicans politicians in the...
...Some, however, is still moved by western ships operating with western insurance. Pyatt said the US was looking “for ways to make that shadow fleet less effective”....
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...The action follows a DMV investigation into the accident, in which a pedestrian on a crosswalk in San Francisco was hit by another vehicle and thrown into the path of one of Cruise’s driverless cars....
...Yes, some of these proposals require legislative action....
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