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Recent Editions
Risk Channel
North America
An employee at a Michigan-based manufacturing company has been charged with stabbing the company president in an assault during a morning staff meeting. Police are still investigating the motive behind the attack. According to US media reports, Nathan Mahoney allegedly entered a conference room at Anderson Express on Tuesday and stabbed company president Erik Denslow. Following the assault, Mahoney fled the scene in a vehicle but was apprehended less than an hour later. Authorities are exploring whether the stabbing was inspired by the recent murder of UnitedHealthcare CEO Brian Thompson in New York City. “We haven't ruled out a copycat motive,” Deputy Police Chief Greg Poulson said, adding that police are reviewing Mahoney's social media and electronic records for potential leads.
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UK/Europe
The Financial Conduct Authority (FCA) is set to overhaul the complex documentation currently provided to investors, as it seeks to enhance confidence and stimulate investment. Jake Green, global head of financial regulatory at Ashurst, said the initiative represents "the biggest shift from EU (pre-Brexit) retail regulation to date." The FCA's proposal seeks to replace the existing standardised documents with a more flexible system tailored to the UK market, allowing firms greater discretion in how they communicate with clients. Simon Walls, interim executive director of markets at the FCA, said: "High quality product information will give consumers the confidence to invest; increased participation in this market will not only benefit consumers but will also provide capital to drive the economy and boost growth.” The consultation period will conclude in March.
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