Inclusion

Governance Watch - Issue 57

Governance Watch - Issue 57

Leadership

It can’t have been easy, running a business in the United Kingdom over the last three years and more, treading water in the swirling flood of uncertainty around the implementation of the vote to leave the European Union. We paused Governance Watch in August because we reasoned that everyone would be away, taking a break. But even those lucky enough to have done that via travel abroad will have had the reminder of turmoil constantly with them as they noted the value of sterling wobble and sink. There has been no break from the limbo in which business has been placed. With no clarity in sight at time of writing around the direction of our political leadership, it is more important than ever to listen to the murmurings in the socio-economic undercurrent of a divided country.

Governance Watch - Issue 56

Governance Watch - Issue 56

GDPR Bites

Investors might consider this to be a good time to invest in cyber security and cyber insurance, as it is clear that data breaches are about to become real and painful for business under the punitive powers of the EU’s General Data Protection Regulation. (GDPR). The Information Commissioner’s Office (ICO) has signalled its intent to use the new law in force from May 25, 2018 which takes the previous maximum fine of £500,000 under the Data Protection Act 1998 into a new realm altogether – a maximum of 4% of a company’s annual global revenue.