CA daily briefing: Wednesday 22 January 2020
Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here with today's morning news.
Latest from ICAS
Ann Buttery reports on changes to documentation, including fee arrangements, in the revised ICAS Code of Ethics, which took effect from 1 January 2020.
Legislation to implement the EU’s fifth AML Directive became effective on 10 January 2020. Steven Wood looks at the obligation to report a discrepancy about a beneficial owner on the PSC register by an obliged entity.
Today's top stories from around the web
- Sainsbury's boss Mike Coupe to quit after six years (BBC News)
- Ted Baker takes £58m hit to balance sheet after overstating inventory (City AM)
- Exclusive: BP's Looney goes all-in on climate goals and explores overhaul (Reuters)
- UK told to 'hold fire' on April tech tax (BBC News)
- Cengiz on standby to buy British Steel if Jingye bid fails (The Guardian)
- Toyota and Honda recall six million vehicles due to airbag glitches (Sky News)
- Lloyds boss: Mental health issues can break lives (BBC News)
- Teenagers aspiring to traditional jobs despite rise of technology over past 20 years, study finds (The Independent)
- Bank of England forms group to weigh up digital currency launch (City AM)
- Burberry sees full-year sales growth after strong Christmas quarter (Reuters)
That's all for today, check back tomorrow for your Thursday briefing.