Company Law Changes in 2016 - The Small Business, Enterprise and Employment Act 2015 Note: The requirement to keep a PSC register came into force on 6 April 2016.
In January 2016 the first UK company to be prosecuted for corruption was sentenced to a fine of just over £1.3m, had over £800k confiscated and was ordered to pay £25k in prosecution costs; with two directors being convicted and sentenced (in 2015): Christopher Smith received an 18-monthimprisonment sentence (suspended for two years) for two […]