GDPR: the impact on financial services businesses
Throughout the history of financial services, data has always been the lifeblood of the sector. Now in the digitally interconnected world in which the sector exists the need for proper use, management and optimisation of such data has never been greater.
Contract for difference Consultation Paper: Improving the conduct of business regime
On 6 December 2016, the FCA published a Consultation Paper (‘CP16/40’), which outlines their concerns about the increasing evidence of poor conduct of firms providing contract for difference (CFD) products to retail clients and the increased risks to investor protection.
Optimistic charterers help boost shipping confidence to 15-month high
Shipping confidence improved for the third successive quarter in the three months to end-November 2016.
12 frauds of Christmas
It’s that time of the year when it’s the season to be jolly. Unfortunately, not everyone is…here are 12 fraud risks of Christmas and our tips on how to avoid them to keep you and/or your organisation protected from fraud and bribery.
Moore Stephens wins Charity Finance Magazine ‘Charity Auditor Award’.
Moore Stephens has been awarded third place for overall service to the charity sector in the Charity Auditor Awards 2016.
Changes to the taxation of non-domiciled individuals
The long-awaited draft non-dom legislation has now been published as part of the draft Finance Bill 2017. The proposals are broadly moving forward as discussed in the various consultations, with a few surprises and some small beneficial tweaks. It is confirmed that the changes will take effect from 6 April 2017.
Shipping & Logistics: UK business expectations survey
In a new annual series, we compare perceptions of UK-based shipping and logistics businesses about the future environment and growth expectations. In general, the logistics sector is more optimistic, but both face challenges from rising costs.
New company car fuel rates
HMRC has published new ‘advisory fuel rates’ (AFR) for company cars, which apply to journeys from 1 December 2016.
Demystifying SOC reports: what, why & how?
With investors, clients and even their auditors now seeking evidence of a strong system environment and control framework from firms as well as assurance regarding financial processes, Service Organization Controls (SOC) reports (also known as ISAE3402, SSAE16 or even SAS70 reports in old money) can prove to be a much needed tool in a firm’s armoury. In fact, if used properly, SOC reports can not only provide confidence and help to build long-lasting relationships, they can also help give you a competitive advantage.
Over five thousand restaurant companies risk insolvency as Brexit raises costs
A total of 5,570* restaurant companies have at least a 30% chance of going insolvent within the next three years as Brexit raises costs and disposable incomes stagnate.