Small Business, Enterprise and Employment Bill — corporate governance: proposals that all UK companies should be aware of
By Rebecca Gardner
The Small Business, Enterprise and Employment Bill was introduced to Parliament by the government in June 2014. Drafted in response to the 2013 Business, Innovation & Skills (BIS) discussion paper ‘Transparency & Trust: Enhancing the transparency of UK company ownership and increasing trust in UK business’, the bill sets out a number of proposals, which, once implemented, will have a significant impact on a large number of companies in the UK.
We set out below the key proposals that directors and shareholders of UK companies should be aware of.
The Small Business, Enterprise and Employment Bill is seeking to impose an obligation on all UK companies to create and maintain a register of beneficial ownership and the intention is that the information contained in these registers will be publicly available. It will no longer be possible for companies or shareholders to disguise the ultimate beneficial ownership of their shares through the use of nominee companies and trust structures…
Click on the link below to read the rest of the Goodman Derrick briefing.
News from Goodman Derrick
Briefings from Goodman Derrick
Are post-termination restrictions on a recruitment consultant enforceable where information is widely available on social media?
The High Court has held that six-month non-dealing and non-solicitation post-termination restrictions were enforceable by the recruitment business against a former employee.
No, according to the EAT, in the case of a group of agency workers who were assigned to one hirer for periods ranging from between six and 25 years.
Analysis from The Lawyer
Active financial management is vital, but with firms looking more closely at the process of debt and fee collection, the personal touch still counts
The lure of the law can kick in at any stage of life. We speak to four individuals who have made a radical switch to a legal career