The largest financial fines of 2020
FCA investigators have clearly not been furloughed In 2019, the FCA registered nearly £400 million in fines for compliance breaches, and despite the pandemic, investigators are striking out high and fast against non-compliance. In the first half of 2020, only four cases have resulted in a fine, but collectively those fines have already reached £100 […]
Omnitrack version 2.20.0
Bulk change submissions Admins can now take action in bulk. Whether you need to reassign a group of submissions or comment on multiple submissions at once, the new bulk change will save you lots of clicks. See how it works Read only setting on form fields Admins can now set form fields to display as […]
The 6th Money Laundering Directive – What you need to know
The Sixth Money Laundering Directive is already on its way The Fourth Directive and Fifth Directive are soon to be joined by new EU wide anti-money rules. The Sixth Directive is due to be implemented into national law by 3 December 2020. While the UK anti-money laundering regime already complies with a great deal of […]
Omnitrack – COVID-19 visitor reporting and tracking portal
The UK continues to take steps to re-open the economy following lockdown in the first half of the year. The government is encouraging companies to get back to the office and people back into shops, bars and restaurants, helped in part by the Business and Planning Act. However, government guidelines state that employees and visitors […]
Germany’s decision not to postpone DAC6 reporting – are you affected?
Register for our DAC6 email updates Intermediaries located across Europe breathed a great sigh of relief last month when most EU member states announced they will be postponing their reporting deadlines for DAC6 by 6 months due to COVID-19. This means that DAC6 reporting will be pushed off until 2021. However, some member states, including […]
Regulatory Agenda for August 2020
To help businesses keep track of updates in UK legislation and policies, VinciWorks regularly publishes a regulatory update. Our regulatory agenda for August covers the latest COVID-19 government guidance, EU developments, acts of Parliament, bills before Parliament, open consultations and more. What’s new this month? The UK continues to take steps to re-open the economy […]
Returning to work during Covid-19
Returning to work can be a stressful time for both managers and employees. Organisations have to reorganise their workplaces and work processes to help prevent the spread of Covid-19. Then, employers need to find solutions for how to effectively implement and monitor these new control measures, which are not easy tasks for any organisation in […]
VinciWorks achieves ISO 27001 certification
VinciWorks is proud to announce that it has been certified with the highest internationally recognised information security standard, ISO 27001:2013. This certification was achieved after a rigorous audit by an independent, internationally accredited certifying body. What is ISO 27001? ISO 27001 is one of the most widely recognised and internationally accepted information security standards. It […]
Upcoming Event – Fourth DAC6 Core Group Meeting
Register for our DAC6 email updates Wednesday 9 September, 12:00–15:00 (BST) DAC6 is a European directive aimed at reducing international tax evasion and promoting transparency. It requires lawyers, accountants, tax advisers, bankers and other “intermediaries” to report some aggressive cross-border tax arrangements. Multinational businesses might also be required to report transactions in circumstances where no […]