In May 2019, the Department for Business, Energy & Industrial Strategy announced it would be consulting on its intention to reform and enhance the role of Companies House, a move which aims to increase the transparency of UK corporate entities and help to combat economic crime.
What is an LPA?
A Lasting Power of Attorney (LPA) is the legal document which enables you to nominate one or more trusted people (attorney/s) to make important decisions on your behalf should you become mentally or physically incapable of doing so. There are two types of Lasting Power of Attorney, one for Property and Financial Affairs, and one for Health and Welfare. For more information on Lasting Powers of Attorney generally, please click here.
A branding challenge toppled the golden arches when a small Irish fast food company managed to block the international McDonald's food chain from trademarking the terms Big Mac and Mc throughout Europe.
Earlier this year, Companies House brought its first conviction against an individual for making false filings on the public register.
Now that GDPR has been in force for a number of months, we thought it was time to take a look at how it’s affecting businesses. Are companies struggling to keep up? What impact have the regulations had on digital services? Are we likely to see organisations punished with large fines in the future? Here, we take a look at how businesses are coping with GDPR and what challenges they face.
If Facebook and other social media platforms appear to have a cart-blanche ‘we can use your images’ policy then why can’t you do the same and use other people’s images without asking for permission first? After all, it’s better to apologise later than ask first, right?
Now that the GDPR has come into force, it is absolutely essential that businesses ensure they are following the new regulations. The consequences of non-compliance have the potential to cause great financial damage and the enforcement agencies operating in each of the EU nations will be taking their new responsibilities incredibly seriously. Here, we take a look at a few GDPR basics, examine what’s changing under the new regulations, and what non-compliance could mean for your business.
GDPR. It is a term which can strike fear into compliance teams, owner-managed businesses and whole industries across the land. Not a week goes by without a data breach of one form or another featuring prominently in our newspapers and across the various news channels.
The recent international cyberattack has brought data protection issues into the thinking of business owners everywhere and onto the front pages of newspapers around the globe. With the ever-increasing threat of cyberattacks and the ever-growing amount of personal data gathered by organisations, legislation is now fighting back, with demanding data protection requirements and substantial fines for non-compliance. Grant Usher, Associate, discusses the upcoming changes to data protection law and what your business can do to remain compliant.
Maybe you are thinking of selling the company or simply shutting up shop and retiring, but in either case, if you employ people there are some costs you need to factor into your plan.