Business transparency

“We will put transparency at the heart of our approach to government.” UK Government Anti-Corruption Strategy 2017-2022

Transparency – the disclosure of internal corporate information to the public – is shaping legislation and regulation across the business landscape. In recent years, the UK has introduced mandatory reporting on issues as diverse as the gender pay gap; modern slavery in supply chains; supplier payment terms and beneficial ownership.

Across the world, governments and supra-national organisations, such as the G20 and the OECD, see transparency as a way of changing corporate behaviours as well as combating cross-border crime. On a day to day business level, transparency data is increasingly being used as a differentiator – for example during procurement.

Osborne Clarke helps businesses across all sectors manage the reputational, compliance and financial risks triggered by a transparency disclosure. There are opportunities too: businesses can improve efficiencies by aligning compliance processes, use the collected data to drive business improvement and use disclosures to enhance their brand value.

Find out more about how the transparency agenda is driving regulation – and how Osborne Clarke can help – across four themes: the workplace, the supply chain, ownership and the environment.


Disclosure of cross-border tax planning arrangements: what do intermediaries need to know about DAC6?

Recent times have seen a concerted shift towards increased international tax transparency. This is partly in response to the OECD BEPS Action 12 (mandatory disclosure rules for aggressive tax planning...

Written on: 2 May 2019


Read time 2m

Corporate governance | Executive pay transparency measures and updated investor guidelines

What do the requirements involve? The regulations require UK listed companies with more than 250 employees to disclose annually the ratio of their CEO’s pay to the median, lower and...

Written on: 17 Jan 2019


Read time 1m

Business transparency: where risk meets reputation

In recent years, the UK has introduced mandatory reporting on issues as diverse as the gender pay gap; modern slavery in supply chains; supplier payment terms and beneficial ownership. At...

Written on: 15 Nov 2018


Read time 1m

Ethnicity pay gap disclosure on the cards | Government issues consultation on new reporting obligation

The government has launched a consultation on 'ethnicity pay' reporting. As with gender pay gap reporting, the government had initially preferred a voluntary business-led approach. However, with last year's race...

Written on: 12 Oct 2018


Read time 5m

Public beneficial ownership registers coming to Caymans, BVI and Bermuda

British Overseas Territories (BOTs) will have to create public beneficial ownership registers for companies registered in their jurisdiction by 31 December 2020.  BOTs are being mandated to introduce public beneficial...

Written on: 3 May 2018


Read time 2m

Connect with one of our experts