Businesses both within, and transacting with, the EU need to plan to manage the significant impact and major penalty regime of the new regulations. […]
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Category: Corporate Governance
EU-US Privacy Shield rejected
In March 2016, the EU Commission issued a draft decision stating that the Privacy Shield agreement negotiated between US officials and the EU Commission in January 2016, as a replacement for the former Safe Harbor agreement, offered adequate protection for EU citizens’ personal data transferred to and processed in the US. […]
Modern day slavery reporting obligations kick in for businesses in the UK
New modern day slavery reporting obligations affect groups with turnover in excess of £36m wherever that is derived – are you aware of your obligations? […]
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Directors’ remuneration: FRC publishes revisions to UK Corporate Governance Code
The Financial Reporting Council published final revisions to the UK Corporate Governance Code which applies to UK listed companies for accounting periods starting on or after 1 October 2014. […]
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Serious Fraud Office brings its first prosecution under the Bribery Act 2010 with more to come
Two years after the Bribery Act 2010 coming into force, the Serious Fraud Office (“SFO”) has started its first prosecution under the Act. […]
Enterprise and Regulatory Reform Bill
The Government has tabled a Bill which is designed to implement a number of employment reforms on which it has been consulting since elected to office. […]
Compensation & Benefits: Government issues concession on childcare vouchers, “not a U turn”
In our previous newsletter, we reported that the Government was planning to remove the existing tax and National Insurance Contributions (NICs) exemptions on childcare vouchers (see link to article in Resources below) from 2011. […]
Compensation & Benefits: FRC issues final report on corporate governance and commences consultations on draft revised Combined Code and a new stewardship code
Current Combined Code is “broadly fit for purpose”. […]
Compensation & Benefits: Report published on risk governance in non-financial service companies
Backing from ICAEW for a “hands-off approach to the non-financial sector […]
Compensation & Benefits: Corporate Governance – what now for listed non-financial services companies?
Following the global banking crisis, much has been detailed in the press regarding corporate governance for banks and financial institutions. […]