A new organisation, the General Counsel 100 Group (GC100), has been established for in-house lawyers working within the FTSE 100. The group was launched on 9 March and has a membership comprising the senior legal officers of more than 50 FTSE 100 companies. GC100 has been created in response to the increasing volume and complexity of domestic and international law and regulation impacting on UK listed companies. Its main objectives are to provide a forum for practical and business-focused input on key areas of legislative and policy reform common to UK listed companies and to enable members to share best practice in law, risk management, compliance and other areas of common interest. The group will be chaired by Mark Harding, general counsel at Barclays, with the Practical Law Company acting as secretariat.
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The Isle of Man’s decision to introduce a zero-rate income tax is intended to take the economy onto a whole new level in international finance. Andrew Corlett reports The Isle of Man has been moving towards a zero rate of income tax on companies since October 2000. The 2005 budget, announced on 15 February, confirmed […]