6 March 2017
The U.K. Companies Act 2006 has recently been amended to reinforce and expand the requirements on certain large U.K. companies to report on non-financial issues. The amendments require certain companies to provide information on new areas such as anti-bribery and anti-corruption; companies already subject to reporting requirements in relation to social, environmental and human rights matters now face more comprehensive requirements in these areas. This briefing provides an overview of the legislation, explains how this will affect U.K. companies, and briefly considers the broader trend towards mandatory reporting that this measure reflects.
Companies need to get ready as more mandatory reporting requirements on non-financial issues take effect