U.K. Enacts Company Transparency Rules and Sets Stage for Other Countries

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Friday, June 19, 2015
Author: 
Bruce Zagaris
Volume: 
31
Issue: 
6
Abstract: 

                On March 26, 2015, the United Kingdom gave Royal Assent to the Small Business, Enterprise and Employment Act 2015 (“the Act”).  The Act implements a series of reforms of the UK’s company law designed to improve the transparency and accountability of UK-incorporated companies.  The Act implements the G7 initiative of British Prime Minister David Cameron during the June 17-18, 2013 Lough Erne, Northern Ireland G-8 Summit.