DAC6 Update – November 2021
It has now been over 10 months since DAC6 has been in force in most EU member states and the UK. Here are some highlights from 2021. DAC6 reporting While reporting got off to a rocky start for some tax authorities, the teething problems are now over and tax authorities have begun reviewing the reports […]
GDPR changes in the UK: reform of the ICO
The UK government is planning significant changes to the UK’s data protection regime. From re-orientating the Information Commissioner’s Office (ICO) to new ways for businesses to process data, these far-reaching GDPR reforms are set to have a significant impact on business. We covered these changes in depth in a previous article and webinar. High on […]
What happened at the first week of COP26?
New ESG regulations and net-zero commitments from Glasgow COP26 is now entering its final week, but many major pledges have already been announced. The chancellor, Rishi Sunak, announced that most big UK firms and financial institutions will be required to publish their net-zero plans in line with the UK’s environmental disclosure framework: TCFD. With the ‘E’ […]
DAC6 Cyprus: Tax Department Release Updated Guidance
On 29 October 2021, the Cyprus Tax Department released a new publication in the Official Gazette, Decree No. KDP 438/2021, which implements the EU directives on reportable cross-border arrangements (DAC6). The guidance in relation to reporting in Cyprus has also been updated.
Signing documents made simple with Omnitrack’s new DocuSign integration
Omnitrack’s solution for easy eSignatures DocuSign, the popular eSignature software that allows organisations to manage electronic agreements, allows users to sign documents anywhere from any device, with no need for overnighting, faxing or waiting. And with encryption and a complete audit trail, it’s more secure than paper! In our recent update, we have now integrated […]
Sarbanes-Oxley (SOX) Compliance is Coming to the UK: Are You Ready?
Preparing for a new era in financial compliance with Sarbanes-Oxley (SOX) In March 2021, the UK’s Department for Business, Energy and Strategy (BEIS) launched their much anticipated consultation: “Restoring trust in audit and corporate governance.” This consultation followed three significant reports into the operation of the UK’s financial services industry: the Sir John Kingman’s review, […]
What is Microlearning and why Should you Care About it?
Seemingly ever-increasing in popularity as the years go by, microlearning is essentially a way of packaging and delivering learning content (particularly work-based learning) into short, bite-sized chunks that are easily digestible and that address very specific, focused learning outcomes. The thinking behind microlearning might seem pretty self-explanatory: it offers quick, compact answers to questions employees […]
Everything you need to know about the ISO 9000 series
What is the ISO? The ISO, or International Organization for Standardization, is a non-governmental organisation that sets proprietary, industrial, and commercial standards, with a membership comprising 166 national standards organisations. The organisation’s name – ISO – is not an acronym, but in fact originates from the ancient Greek word ísos, meaning equal or equivalent. This […]
COP26: Early spotlight on supply chain due diligence
World leaders likely to make more ESG reporting mandatory COP26 might be experiencing its own logistics problems, with delegates queuing for hours to get in and a foreign energy minister unable to access the venue because she is a wheelchair user, but the early spotlight at the conference has fallen on supply chains. Already one […]