It is annual report time for Money Laundering Reporting Officers
With the end of the year approaching, all Money Laundering Reporting Officer’s (MLRO’s) should be well under way in their review of their organisations anti-money laundering procedures in readiness for presenting their annual report. The annual report …
Data protection: Facebook to appeal a ruling in Belgium
Facebook is forced to stop collecting the personal data of those in Belgium not using the site. The most recent of a number of European data protection cases has forced Facebook to stop collecting personal data from anyone in Belgium who does not use t …
The pitfalls of incorporating your own company
More and more people are incorporating their own company online because registering at Companies House can be a simple process and having your own company can be a great business structure to use as it limits your personal liability. However, many peop …
The Consumer Rights Act 2015: Considerations for software providers
Nowadays, you will be used to having to click to agree that you have read and understood the terms of a software update or new application you have downloaded for your computer or mobile devices. These terms you flick through very quickly govern how th …
The precedence of administration applications over winding-up petitions
Further to my previous piece on Northampton Town Football Club’s petition for Administration, HMRC’s petition to wind-up the Club has been adjourned as of yesterday (16th November 2015). The Administration petition is due to be heard on 27th November 2 …
When a winding-up petition can be presented
A recent article, reported in the Northampton Chronicle and Echo, has covered the current attempts of Northampton Borough Council to delay the winding-up petition hearing it is facing so as to allow time for attempts to rescue the Club to continue. A h …
Basic principles of Partnership Agreements
A basic partnership is easy to form; just carrying on in business with another, intending to profit, gives rise to a partnership by law. However, as partners, you will have very little protection and could face a claim, fail to receive a just return on …
How to sell a business
We are all familiar with the concept of buying and selling a house and all of the preparation work that goes into it. Long before a solicitor or an estate agent is instructed we prepare our house to make it as marketable as possible; we de-clutter the …
Safe Harbour declared invalid with immediate effect
The recent decision of the European Court of Justice (ECJ) issued on the 6th October 2015 has stated that the fifteen year old programme which has facilitated critical flows of data from the European Union to the United States is now invalid with immed …
Updates to your Articles of Association (if pre-Oct 2007)
The Companies Act 2006 was introduced nearly 10 years ago, yet not all companies are up to date and not all directors are aware of their obligations. If a company was incorporated prior to 1 October 2007, then unless it has expressly adopted the new am …
