The changes will variously apply from 1 April 2023 and Royal Assent to the Spring Finance Bill 2023. 5. Corporate Interest Restriction (CIR) Rules The government will make a number of changes to the CIR rules to reduce the administrative burdens for businesses. In most cases, these will tak...
However, alongside this relaxation, a restriction was also introduced limiting the amount of profits that could be reduced by carried forward losses. From 1 April 2017, companies with profits greater than £5 million can only offset 50% of their profits against losses carried forward. The £5...
From31 October 2024, the provision of intra-corporate services will no longer be listed in theStatutory Guidanceas a licensing consideration that is likely to be consistent with the aims of the sanctions regime. The Secretary of State maintains the discretion to grant licences even where no licens...
The right, where there is a dispute in relation to the accuracy or processing of your personal data, to request a restriction is placed on further processing; The right to object to our processing of personal data, where applicable i.e. where processing is based on our legitimate interests ...
On 24 April 2024, the European Parliamentadoptedthe Corporate Sustainability Due Diligence Directive (CS3D). The next step is for CS3D to be formally endorsed by the Council of the European Union, signed, and published in the EUOfficial Journal. It will enter into force 20 days later, and ...
Intel Binding Corporate Rules: UK Controller Policy Last Updated: June 2023 Contents Part I: Introduction Part II: Our obligations Part III: Delivering compliance in practice Part IV: Third Party Beneficiary Rights 3 9 20 25 Part I: Introduction This Intel Binding Corporate Rules: UK Controller ...
Separate from the activities of any particular portfolio management team, at the highest level, as part of its fiduciary approach, BlackRock has determined that it is in the best long-term interest of its clients to promote sound corporate governance as an informed, engaged shareholder...
The Financial Reporting Council has published a consultation paper proposing revisions to the UK Corporate Governance Code to expand executive remuneration disclosure requirements for UK-listed companies. Tax-Advantaged Share Schemes In June 2023, the UK tax authority, His Majesty’s Revenue and Customs...
proper due diligence on all aspects of data protection compliance on corporate acquisitions to avoid this kind of enforcement action in the future. She also has recommended treating data security as an important and valuable asset, just like any other asset, during a corporate acquisition or ...
In particular, both Berle and Dodd recognise that the corporate form leads to the separation of ownership and control, which requires corporations to be held accountable by law and the actions of management to be controlled by those with an interest in the entity. Dodd reasons that because the...