Each guide identifies five key priorities for the area of risk, and gives a heads-up on why each is a priority area. The priority is explained in further detail, with a series of mini-checklists and action points.
Having a clear understanding of the nature of competition law compliance and the associated risks/challenges for businesses is the first step to setting effective compliance arrangements. We help organisations with this.
Practical guidance tools, registers, training aids and other templates to help you comply with data protection law and manage privacy risks
Helping in-house counsel, privacy and compliance professionals manage the regulatory burden. GDPR, BA, MLR and plenty more, we've got it covered.
The Office of Financial Sanctions Implementation (OFSI) has amended the Oil Price Cap: Exempt Projects and Countries General Licence INT/2022/2470156...
This week's edition of Risk and Compliance weekly highlights includes the Information Commissioner’s transition to the Information Commission under...
The Office of Trade Sanctions Implementation (OTSI) has issued two general trade licences allowing UK businesses to support the maritime transport of...
The Office of Financial Sanctions Implementation (OFSI) has published its annual frozen assets reporting notice for 2026. The notice sets out the...
The Information Commissioner’s Office (ICO) has announced its formal transition to the Information Commission under the Data (Use and Access) Act 2025...
ARCHIVED: This Practice Note has been archived and is not maintained. For more information, see subtopic: New and updated content in Risk and...
This Practice Note is intended for solicitors, including those working in-house, and law firms regulated by the SRA. It explains the information...
In briefData protection laws in the UK seek to ensure information about living individuals (within the definition of ‘personal data’) is used fairly...
ARCHIVED: This Practice Note has been archived and is not maintained. For more information, see subtopic: New and updated content in Risk and...
This Practice Note explains the obligation on employers to carry out a risk assessment, under regulation 16 of the Management of Health and Safety at...
Please read the following important terms and conditions before you buy anything on our website and check that they contain everything you want and...
1Introduction1.1This Records retention schedule accompanies and is incorporated into [insert organisation’s name]’s Records management policy. It sets...
1General informationDate of monitoring review[insert date]Person conducting monitoring review[insert name and job title]2Volume of data breaches...
Please click for an Excel version of this register. The Data breach register (also known as a data breach log) reflects reporting and recording...
1Introduction1.1This personal data breach plan:1.1.1places obligations on staff to report actual or suspected personal data breaches; and1.1.2sets out...
How to plan and conduct an internal investigationAn internal investigation is a legal process undertaken by an organisation (with or without outside...
Anti-bribery and corruption—post-training assessment answersQuestionCorrect answer1. How many new offences does the Bribery Act 2010 create? (b)...
Money Laundering Regulations 2017—scope and applicationThis Practice Note sets out the scope and application of the Money Laundering, Terrorist...
Money Laundering Regulations 2017—nominated officerThis Practice Note sets out when organisations must appoint a nominated officer (sometimes referred...
Sanctions regime—RussiaThe Russia (Sanctions) (EU Exit) Regulations 2019, SI 2019/855, made under the Sanctions and Anti-Money Laundering Act 2018...
How to manage legal riskIt is often said that running a business means taking risks and that the biggest risk an entrepreneur can take is not to think...
Contract management risk management guideWhy you need to manage this riskContract management is often seen by the business as an activity which is...
Competition law compliance—post-training assessment answersQuestionCorrect answer1. Competition law protects business and consumers from...
SRA Code of Conduct for Solicitors, RELs and RFLs—for in-house lawyersThis Practice Note provides guidance for in-house solicitors on the SRA Code of...
Anti-bribery and corruption—post-training assessment questionsHow to use this testThese questions are designed to test your understanding after your...
How to create a legal risk registerThis Practice Note is intended for in-house lawyers. It explains how to create a legal risk register, a tool that...
Tipping-off and prejudicing an investigationThere are several offences of tipping-off and prejudicing an investigation that apply to the regulated...
Confidentiality risk management guideWhy you need to manage this riskConfidential information is one of the most valuable assets of any business....
Records retention schedule1Introduction1.1This Record retention schedule accompanies and is incorporated into [insert organisation’s name]’s Records...
Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017—key information for businessesThe Money...
A beneficial owner is the person who ultimately enjoys the benefit of property or an asset, even if legal title is held in another name (for example, by a nominee, trustee or company). In practice, the term is central to trust, company, banking, tax and anti‑money laundering work, where identifying the “real” owner is critical.
Across England & Wales, Scotland, Northern Ireland and Ireland, the concept is broadly consistent, though specific statutory definitions vary by context. UK and Irish anti‑money laundering and transparency regimes define “beneficial owner” for companies, trusts and other legal entities (for example, persons with more than a specified percentage of shares, voting rights or control). Trust law distinguishes between legal owners (trustees) and beneficial owners (beneficiaries with equitable or beneficial interests).
Beneficial ownership analysis underpins due diligence, sanctions screening, corporate structuring, tax planning, trust drafting and disputes about entitlement to assets. It is also key for registers of people with significant control (PSC), registers of beneficial ownership of companies and trusts, and disclosure obligations to regulators, tax authorities and financial institutions.