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The Economic Crime and Corporate Transparency Act 2023

Faizan Nayyar

Faizan Nayyar

The government has recently introduced new laws aimed at tackling corruption, money laundering and fraud involving corporate entities.  The Economic Crime and Corporate Transparency Act 2023 (the Act) received royal assent on 26 October 2023, and aims to reform the way in which economic crime is tackled and to improve the transparency over corporate organisations.

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Insolvency Reform

Joe Thompson

Joe Thompson

In September, the government published its response to its consultation taken in 2021 on the future of insolvency regulation, setting out a package of proposed reforms that, in their own words “represent the biggest change to the way the insolvency profession is regulated in nearly 40 years and future-proof the regulatory framework as the insolvency market continues to evolve”.

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Fintech business Lanistar’s latest bold initiative to boost recruitment has landed them in hot water

Adrian FryerFintech business Lanistar’s latest bold initiative to boost recruitment has landed them in hot water. Effective recruitment strategies are not just about a business picking the best applicants, they are about attracting the best applicants in the first place. In this way, recruitment comparison websites like Glassdoor, which include company reviews from existing and former employees as part of their job search functions, can have a significant impact on the quality of applicants coming through the door.

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Third party harassment provisions removed from Worker Protection Bill by House of Lords

Adrian FryerThe House of Lords have amended the Worker Protection (Amendment of Equality Act 2010) Bill to remove the proposed third-party harassment provisions. Following a debate in July 2023, the Bill has been republished with the original clause 1 (which dealt with third party harassment) removed in its entirety. Objections in the Lords included the cost to businesses, curtailment of free speech and worries about excessive state intervention in business.

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