If the measure of a regulator’s virility is the size of the fines it imposes, then the United Kingdom regulators are lagging far behind their United States counterparts. However, not to be outdone, the UK agencies seem determined to catch up...
Posted on: 30 June 2015
Saul Goodman, the dodgy attorney in “Breaking Bad”, maintains extensive connections with the criminal underworld; removing evidence, money laundering... Saul’s English counterparts may not be as sleazy or as flamboyant, but in some cases share his willingness to misuse legal professional privilege.
An employee must now also show that he reasonably believes that his complaint or disclosure is made “in the public interest” in order to attract whistleblower protections. But what is the “public interest” and who is the “public” for this purpose...?
The failure of a company to show compassion in the wake of a disaster is likely to be criticised particularly in this age of social media. Arguably the fall out from the inquest has inflicted just as much reputational damage upon the Company as a criminal conviction would have done.