The Market Abuse Regulation (MAR) comes into force and effect on 3 July 2016, replacing the existing market abuse regime. The new regime will survive (at least for a period) Brexit, so it is important that all AIM listed companies are aware of the impact and consequences of MAR. Although some of the changes are…
The 30 June 2016 may not seem a particularly remarkable date but if you run a company or LLP it’s important. Say goodbye to your old friend the annual return. From now on all companies and LLPs will instead be required to deliver a “confirmation statement” to Companies House. The purpose is the same as…
The Modern Slavery Act 2015 is a groundbreaking new law that will have a major impact on businesses in the UK. The Act requires certain businesses to produce an annual Slavery and Human Trafficking Statement setting out what steps they have taken to ensure there is no modern slavery in their business and their supply…
What is the PSC register and what is its purpose? From 6 April 2016 most UK companies and LLPs will be required to identify and record the individuals who are its ultimate beneficial owners and controllers. The information must be recorded on a “register of people with significant control” (a “PSC register”). The rules are…
