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Rayner my parade! The importance of specialist advice.
Jemma Brimblecombe
With the UK’s membership of the EU hanging in the balance, directors and company secretaries may be forgiven for overlooking their company filing responsibilities. Nonetheless, businesses should be prepared for the changes being introduced by the Small Business, Enterprise and Employment Act 2015 (the “Act”) which come into force on 30th June 2016.
Rather than hosting and maintaining their own software, an increasing number of businesses are turning to software as a service (“SaaS”) providers who centrally host software and make it available to customers over the internet, usually for a subscription fee. The SaaS model often requires the customer to send personal data relating to its employees and clients to the SaaS provider. This can pose a significant data protection risk for both the customer and the provider. Below we provide 5 top tips on how SaaS providers can limit their liability whilst offering the customer comfort that their data is secure.
One year on from the Modern Slavery Act 2015 (the “Act”) receiving Royal Assent, businesses have recently started to publish their first Slavery and Human Trafficking Statements. Although the Act only explicitly applies to larger organisations, its effects are already being felt by small and medium sized enterprises (“SMEs”).
The Panamanian law firm Mossack Fonseca has dominated headlines over the last two days. It is alleged that the firm enabled its high net worth clients to launder money, avoid sanctions and evade tax. Although the firm insists that it has operated within international law, the allegations appear to be based on it creating complex corporate structures in order to conceal the identity of its clients, many of whom are household names.
Further to our blog of 9 February 2016 (see here), the European Commission (the Commission) has published the draft “adequacy decision” and related legal texts that will provide for the EU-US Privacy Shield (the replacement framework for EU-US personal data transfers). The Commission has also issued a “communication” (i.e. a policy document with no mandatory authority) summarising the steps taken over the past few years to restore trust in EU-US data transfers since the Edward Snowden surveillance revelations.
Jemma Brimblecombe
Charles Richardson
Oliver Oldman
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