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.

Gender pay in the spotlight – time for employers to check their own house is in order

Few will have missed the media storm that erupted when the salaries of some high profile TV personalities were recently published. The Equality Act 2010 (Gender Pay Gap Information) Regulations...

Written on: 26 Jul 2017

Read time 5m

Transparency in supply chains: The Conflict Minerals Regulation

The EU Conflict Minerals Regulation comes into force on 9 July 2017.  The Regulation sets out supply chain due diligence obligations for EU importers of materials such as tin, tantalum...

Written on: 6 Jul 2017

Read time 3m

Extension of PSC register: UK AIM companies are now in scope

UK AIM companies are now within scope of the persons with significant control (PSC) register regime, as a result of changes which came into force on 26 June 2017.  Changes...

Written on: 30 Jun 2017

Read time 4m

Extension of PSC register: what do funds with Scottish LPs in their structure need to know?

Scottish limited partnerships (Scottish LPs) are now within scope of the persons with significant control (PSC) register regime, as a result of changes which came into force on 26 June...

Written on: 30 Jun 2017

Read time 3m

PSC register changes came into force this week

Changes to the register of people with significant control (PSC) regime came into force on 26 June 2017.  The changes were expected for some time, but not confirmed until late...

Written on: 30 Jun 2017

Read time 1m

Changes to the PSC register regime coming in June 2017

Companies House has published some details about the changes to the “people with significant control” (PSC) register regime due to take effect on 26 June 2017. The changes are being...

Written on: 6 Jun 2017

Read time 3m

Connect with one of our experts

Dipika Keen

Head of Business Transactions Knowledge, UK

T +44 117 917 4304

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Matthew Germain

Partner, Head of Environment, UK

T +44 117 917 3662

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