Summary Report in collaboration with UK insurance market and top UK companies. Report notes a significant gap in awareness around the use of insurance. Less than 10% of UK companies have cyber insurance protection. Original Author: Cabinet Office and Others Original Links: …
Summary Aims to improve access to finance. Increase transparency on payment practices and policies of UK’s largest companies. Reduce Red Tape. New independent Small Business Appeals Champion appointed. Increased support available from UK Export Finance and more help for exporters. Streamlining public…
Summary Comes into force on 1 October 2015. Trading Standards Officers to give 48 hours’ notice when carrying out routine inspections. 30-day time period to return faulty goods and replacement rights for faulty digital content. Addresses faulty digital content (online…
Summary Effective 12 March 2015. Legislation removes the £5,000 cap. Magistrates now have power to issue unlimited fines. Can include Health & Safety or Environmental Offences. Original Author: MoJ Original Links: Content Now they can issue much higher penalties on offenders who…
Summary From 10th March 2015. Employers can not demand employees access information about themselves under the DPA. This ‘enforced subject access’ bypassed the legal criminal record check process (DBS) and is now outlawed. Original Author: ICO Original Links: Content…
Summary 66% of SMEs don’t consider their business to be vulnerable. Just 16% say that improving their cyber security is a top priority for 2015. 24% think that cyber security is too expensive to implement. 22% admit that they ‘don’t…
Summary FCA Quote: “Stimulating debate and interest around the subject of consumer vulnerability so that firms better understand the issue and act appropriately.” Original Author: FCA Original Link: Content About Consumer Vulnerability A vulnerable consumer is someone who, due to their…
Summary Environment Agency Guidance on the ESOS Regulations. Organisations that qualify must submit energy audit by 5th December 2015. Original Author: Environment Agency Original Link: Content The Environment Agency has issued updated guidance “Comply with the Energy Savings Opportunity Scheme (ESOS)”.…
Summary Up to 50 weeks shared parental leave. Babies due on or after 5th April 2015. Parents to agree the pattern of leave they intend to take with 8 weeks’ notice to employer. Original Author: BIS & ACAS Original Link: Content With just…
Summary Key part of the improvements in the governance of workplace pensions. IGCs (independent governance committees) required by April 2015. Review of the overall effectiveness of the new governance bodies will be conducted in 2017. Original Author: FCA Original Link: …