New Guide: UK MDR: What changes are in store? | Free download
DAC6 and UK MDR In 2018 the OECD developed Model Mandatory Disclosure Rules for CRS Avoidance Arrangements and Opaque Offshore Structures (“OECD’s Model Rules”). These rules require taxpayers and their advisers to report information to tax authorities on certain types of arrangements and structures that might facilitate tax evasion. The EU responded to the OECD’s […]
The LSAG AML Guidance: What Law Firms Need to Know (Download the Free Guide)
What is the Legal Sector Affinity Group AML Guidance? The Legal Sector Affinity Group (LSAG) has published its Anti-Money Laundering guidance for the Legal Sector 2021. As set out in its background, LSAG aims to “aid… compliance and to effectively protect against Money Laundering and Terrorist Financing risks”. The LSAG guidance is an invaluable aid […]
Cyber Security: Phishing Alert – Email Chain Hacking
Ikea Targeted by a New Phishing Scam A new type of phishing attack has been uncovered after flat-pack furniture giant, Ikea, launched an internal investigation after noticing several malicious emails circulating throughout the business. Email Chain Hijacking is a new type of phishing scam that takes advantage of a weakness found in Microsoft Exchange servers. Ikea adequately […]
DAC6: UK Mandatory Disclosure Rules Consultation Released
On 30 November 2021, HMRC published their draft UK Mandatory Disclosure Rules and released their consultation which seeks views on the design of the draft regulations. The consultation will be open until 8 February 2022. At the Spring Budget 2021, the UK Government announced that it would implement Mandatory Disclosure Rules(MDR)(2.14). The rules are intended […]
Omnitrack version 2.50.1
Single option fields are here! Try out this new field type for cleaner, faster forms instead of using dropdown fields for single selection questions. You can change any existing dropdown fields to single selection for a different look or create a new one. PDF export enhancements Functionality for submissions exported to PDF has been improved, […]
How to create a Compliance Culture
The term ‘compliance culture’ isn’t new; for years we’ve heard about the need for organisations to create one in order to really get on top of and mitigate regulatory and reputational risk. And whilst the phrase ‘compliance culture’ (or ‘culture of compliance’ if you prefer) is one we all recognise, like a lot of qualities […]
How to prevent employees from being scammed around the holidays
Around the Black Friday and Cyber Monday weekend, employees will undoubtedly be distracted by looking for the latest bargains offered by retail stores both online and in-store. However, due to the ongoing effects of the pandemic, many employees are most likely to be shopping online. This weekend is also an opportunity for many employees to […]
6 ways to adapt your disciplinary and grievance procedure for remote working
Introduction At the beginning of the Covid-19 lockdown, many businesses needed to rapidly convert from a physical office to the remote working environment. If you were one of those businesses, you likely have had to tweak your processes to ensure smooth business operations, which might have included your disciplinary and grievance procedures. Before Covid, the […]
The Omnitrack appraisal solution: supercharge staff potential in 2022
As we approach the end of 2021, many organisations will be thinking about appraisals. Whilst employees and management alike may not always look forward to them, appraisals can significantly contribute to success, when done correctly. But why stop at reviewing employee performance? Why not consider overhauling your entire appraisal process too? VinciWorks has recently launched […]