MDR: Canada updates its mandatory disclosure rules
Canada’s updated mandatory disclosure legislation under Bill C-47 has just received Royal Assent and therefore has now become law. One of the key areas addressed by Bill C-47 revolves around the extensive revisions made to the Canadian mandatory disclosure rules. What is the background? In the 2021 Canadian Budget, it was announced that Canada would […]
Free guide to failure to prevent fraud. What will compliance mean for you?
Download our detailed guide: “Failure to Prevent: A Guide to Compliance” and find out more about the family of failure to prevent offences, including the new failure to prevent fraud offence currently going through the UK parliament. Failure to prevent fraud will apply to all businesses, and require them to have certain procedures in place, […]
The 2023 Compliance Agenda: Download your guide to compliance in 2023
From new ESG regulations to a crackdown on bribery, rapid fluctuations in crypto currency, changes to the regulated sector and the ongoing conflict in Europe demanding a laser-like focus on the supply chain, 2023 looks set to demand even more from compliance professionals. We have created an in-depth guide to everything compliance in 2023. The […]
Latest on Corporate Criminal Offences Investigations Under the Criminal Finances Act
Companies being investigated for failure to prevent facilitation of tax evasion The Criminal Finances Act, which came into force in September 2017, introduced the requirement for businesses to have reasonable procedures to prevent the facilitation of tax evasion. If you do not feel that your organisation complies with the Criminal Finances Act, it is important […]
Global Minimum Tax: UK Publishes Consultation on Domestic Implementation
On 11 January 2022, the UK government published a consultation seeking views for how a worldwide 15% minimum corporation tax should be domestically implemented. The consultation will run for 12 weeks, until 4 April 2022. Background: In May 2019, the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) agreed a Programme of Work for Addressing the […]
Defensive Measures Against the EU’s List of Non-Cooperative Jurisdictions
What is the history of the EU’s list of non-cooperative jurisdictions? In January 2016, the EU Commission presented its Anti-Tax Avoidance Package, in which it committed to a “clear, coherent and objective” approach to tackle tax governance in relation to non-EU jurisdictions. In November 2016, the Council mandated the Code of Conduct group (business taxation), […]
