With an emphasis on third parties, GDPR makes data protection procurement’s problem. Data protection is – or at least should be – on every procurement professional’s mind. Supply Management looks at what it means for procurement. Leo Martin contributed to the discussion. “Contractual requirements The new regulation requires much tougher controls over what an organisation’s suppliers…
Yearly Archives: 2017
While the Criminal Finances Act (CFA) makes no changes to the definition of tax evasion and avoidance, it does place a new burden on corporates, through the failure to prevent the facilitation of tax evasion offence. This will oblige companies to pay much closer attention to their tax and payment structures to ensure that they…
The introduction of the GDPR requires a mind-set change for companies, and that is why it is proving such a challenging subject. The logic of the law is to redress the balance in power between companies and citizens. The law starts from the basis that current data protection laws have failed and companies have taken…
The Criminal Finances Act – in force since 30 September 2017 – marks a significant move forward in the UK’s fight to shrug off its reputation as a haven for dirty money; the Executive Director of Transparency International described it as “the most important anti-corruption legislation to be passed in the UK in the past…
GoodCorporation Business Ethics debate at the House of Lords – debate summary Building a truly effective speak-up system in a global organisation is extremely challenging. While a single reporting system may be desirable, how can such a system be devised and implemented when attitudes towards speaking out or whistleblowing vary dramatically from country to country?…
With fewer than 200 days to go to May 25 2018, the GDPR clock is ticking ever more loudly. Protecting personal data is nothing new and has long been regarded as an important tenet of responsible business management. However, while the core principles of the General Data Protection Regulation are similar to those of the Data…
Imposing a record penalty package of over £7.8million on online gaming company 888 was a strong move by the Gambling Commission earlier this year. The action was taken following the discovery of serious failings in the company’s handling of vulnerable customers. While the majority of gamblers do so safely, the Gambling Commission estimates that more…
What red lines need to be crossed before companies retreat from foreign markets? Does it depend on the size of the investment and do companies in different sectors play by different rules? What are the reputational risks of getting this wrong? In Business talks to Leo Martin about the pros and cons of staying in…
