What is your role in the fight against money laundering?
What does the term anti-money laundering mean? ‘Anti-Money Laundering’ or ‘AML’ could refer to any law, regulation or procedure designed to respond to the threat of money laundering. A typical money laundering scheme involves placing ‘dirty’ money into the financial system (placement), moving it around the system to hide its source (layering), and returning the […]
DAC6 Country Profile: Ireland
Register for our DAC6 email updates DAC6 Reporting in Ireland DAC6, which stands for Directive on Administrative Cooperation in the field of taxation (DAC6), is a European Union directive aimed at increasing transparency and combating tax avoidance and evasion. It requires certain intermediaries, such as tax advisors, lawyers, and accountants, to report cross-border arrangements that […]
Modern Slavery – What’s happening around the world?
Everyone, everywhere, has the has the right to live a life free of slavery. We’d like to think slavery has been consigned to history, but unfortunately, that’s far from true. While it may look different than the traditional slavery-associated images of shackles and transatlantic ships, and while it may be kept just out of site, […]
DAC6 Country Profile: Belgium
Register for our DAC6 email updates VinciWorks is publishing a series of guides on how each EU member state has implemented DAC6. This blog was originally published in July 2020 and was updated in January 2021. How has Belgium implemented DAC6? As of 1st January 2021 all EU Member States and the UK have begun […]
MyStory China: VinciWorks to release new Chinese Harassment and Bullying Course
Everyone has the right to work free of unlawful discrimination or harassment, but unfortunately this does not always happen. Sexual harassment is one of the most pervasive forms of unlawful discrimination and it can impact every business and every person. Following the PRC’s release of new obligations aimed at preventing sexual harassment, VinciWorks will soon […]
DAC6 Country Profile: Germany
VinciWorks is publishing a series of guides on how each EU member state has implemented DAC6. This blog was originally published on June 23, 2020 and was updated in January 2021. How has Germany implemented DAC6? As of 1st January 2021 all EU Member States and the UK have begun their DAC6 reporting. Legislation Details […]
DAC6: Ireland introduces partial reporting
In December 2020 the Irish Revenue amended its DAC6 guidance to include partial reporting when legal professional privilege applies. The Revenue clarified that when only part of the specified information is privileged, then an exemption from reporting will only apply in respect of that information. New guidance is expected to be released in the coming […]
On-demand webinar: DAC6 is here — What now?
Register for our DAC6 email updates As of 1 January 2020, all “intermediaries” involved in cross-border arrangements in an EU member state that meet certain hallmark categories are required to begin reporting those arrangements. Some businesses are fully compliant with DAC6 while others have only recently started preparing. VinciWorks has implemented DAC6 reporting systems for […]
The Bribery Act 2010: Ten years on
What Is the UK Bribery Act 2010? The UK Bribery Act 2010 is a robust piece of legislation in the UK designed to combat bribery and corruption. It establishes offences for active and passive bribery, bribery of foreign officials, and the failure of commercial organisations to prevent bribery. The act has extraterritorial reach, holding UK […]
Omnitrack version 2.30.0
Features & improvements End-user dashboard The dashboard is the new home page for users who are assigned multiple forms. They will be able to easily navigate between their forms from the dashboard. Users will also be able to set a custom view for each form they have assignments on to see the exact data that […]
