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Upcoming changes to trusts under the Fifth Directive

Details of the extension of the trust registration service under the Fifth Directive On 24 January 2020, HMRC launched their promised technical consultation on changes to the Trust Registration Service (TRS) to be made under the Fifth Anti-Money Laundering Directive. The changes will focus on the registration requirements of all UK and many non-EU resident […]

How to improve wellbeing at work

With new research showing that poor mental health costs UK employers £45 billion a year, now more than ever is the time to take action on wellbeing. Mental health-related problems for businesses, including presenteeism, absences, and staff turnover, have increased 16% since Deloitte’s last survey in 2016. Changes in work practices, particularly the ‘always on’ […]

DAC6 – The biggest compliance challenge since the Bribery Act

Register for our DAC6 email updates 29 January 2020, London Over 100 people from 50 top law firms, accounting firms and banks gathered at the offices of Freshfields Bruckhaus Deringer in a meeting organised by VinciWorks to fire questions at HMRC regarding the latest EU tax transparency law, DAC6. HMRC have just published legislation implementing […]

January news roundup

Steel fabrication company receives second fine for health and safety breaches A steel fabrication company has been fined after steel cages fell on a worker’s leg, causing multiple fractures. In November 2017, an employee used a gantry crane to lift a steel cage from a stack at the companies main site in Essex. Each cage […]

Four GDPR fines every business can learn from

Since GDPR came into force, there have been: 160,000 breach notifications made to authorities 247 notifications per day in 2018 178 notifications per day just in the first half of 2019 A total of £100m in fines Here are some of the recent fines that regulating authorities have issued and guidance on how to make […]

What Brexit means for UK data protection law

10 things you need to know about Brexit and GDPR What’s happening on Friday 31 January 2020? From Friday 31 January 2020, European rules and regulations stopped having effect in the UK by virtue of the fact that the UK’s membership in the EU will end. Britain has now entered a transitional period which will […]

New course release – Data privacy knowledge check

VinciWorks has released a new five minute course to help organizations test their staff’s data privacy knowledge. The knowledge check has also been added to our data privacy training suite. Knowledge checks consist of different scenarios to help employees understand which course of action to take in different situations. We recommend knowledge checks are added […]