In one of our previous blog posts, we highlighted the details and the changes being introduced to Data Protection and General Data Protection Regulation (GDPR) which you can read here. The BBC has recently shared information on this topic and how the GDPR will be transferred from EU to UK law. The main proposals under
The Government has issued new regulations transposing the EU’s 4th Anti-Money Laundering Directive into UK law. The new regulations are now in effect. The intention under Money Laundering Regulations 2017 (“MLR 2017”) is to improve upon and plug certain gaps in MLR 2007, including: changing the approach to customer due diligence seeking to prevent new
The GDPR is being introduced the keep pace with digital technology and is more extensive in scope and application than the current Data Protection Act (DPA). As it will extend the data rights of individuals it requires organisations to develop clear policies and procedures to protect personal data. So in a nutshell what is it
Over the last few years, there have been numerous examples of corporate scandals which could have been avoided if organisations had more effective controls in place. Organisations are now increasingly turning to their internal auditors to review processes and report via the audit committee to the board.
Recent revelations have revealed that even large organisations like Marks and Spencer are not safe from issues in their supply chains. So are you covered under that Act? It is likely that your business will be obligated under the Act if following four conditions apply It is a commercial organisation; It has a global turnover
There are new requirements for companies to keep a register of “people with significant control” (PSC). These requirements are set out in Part 21A of the Companies Act 2006 (the ‘Act’) (as inserted by the Small Business Enterprise and Employment Act 2015) and the following regulations:
Over the past few years many companies have been in survival mode.
Fraud can severely damage an organisation’s profitability and reputation.