International fraudsters are exploiting the name of the European Union’s
anti-fraud office OLAF to extort money through counterfeit requests for payment.
The European Union agency is warning that fake OLAF letters are being sent to
victims accusing them, for example, of having made irregular bank transfers and
violating EU money-laundering legislation.
Bearing a fake OLAF logo and address, the letters then demand a payment to
make amends. ‘OLAF advises (recipients) not to follow any such requests without
verifying their origin and calls on (them) to report any similar suspicious
situations to the police,’ said spokesman Alessandro Butticé.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season