Log In | Subscribe | | |

Corporate Management

Australia's ASIC is warning companies that they have until only 27 September to file a new set of data.

CoNet Section: 

So, it's simple: you attach an electronic signature to an electronic document and off it wings by e-mail. Job done, right? Apparently "some businesses are still unsure if electronic signatures would satisfy legal requirements," says The Law Commission. But instead of just saying "of course, in the absence of fraud or some other frustrating or negating matter, that's a validly executed document" the Law Commission has produced "proposals." So, not simple at all, then.

CoNet Section: 

There's bound to be some head-scratching going on after the announcement of a cartel case relating to blood and body tissue. Before the "yuk" factor makes you turn the page, we should explain: it's all about stem cell preservation.

CoNet Section: 

A press release from the USA's Inland Revenue Service is headed "Many corporations will pay a blended federal income tax." For heaven's sake: what sounds like something special is nothing of the kind and is an example of buzzword-mania when simplicity would better serve the audience. It's time that government departments stopped trying to sound trendy and just said what they need to say.

Here's what the IRS needed to say.

CoNet Section: 

In recent weeks, largely because members of the media are concerned so the whole industry is in a bit of a tizz, there has been much made of the BBC's policy of requiring some people working there to work on contract, where the contract is between the BBC and a company owned and controlled by the contractor. There are perfectly good reasons why employers want such an arrangement but Her Majesty's Revenue and Customs have taken the view that this is a scheme designed to reduce personal income tax, especially where the contractor operated through an offshore company (often not in his or her own name). Now the whole situation has become...

CoNet Section: 

For the avoidance of doubt, the demise of Carillion does not appear to actually be a Ponzi scheme.

But there are similarities between the classic Ponzi and how Carillion was functioning.

CoNet Section: 

I've been embroiled in a bit of a dust-up with a couple of people over a reply I made to a comment on a post on LinkedIn. The original question was actually interesting and I looked forward to a fascinating discussion around it. But what it proved to me was that we have a major problem with language where technical terms are used in a non-technical manner and those using them are not aware of the risks that using the terms can bring. One, which has long been a bug-bear of mine, is "partner." Let's be very clear about this: in business terms, a partnership is not something to be entered into lightly or wantonly. Get it wrong, and the...

CoNet Section: 

The following e-mail addresses are associated with potential phishing or drive-by malware attacks this morning:

davidibe718@gmail.com
J.Ryan@hud.ac.uk

CoNet Section: 

On several occasions recently, our filters have picked up e-mail from a company promoting itself as "5mins" and, as is common, offering directory services. But this one is a little different. No matter what, the target is in a lose-lose situation, which is odd because on so many levels, the mail appears to be acting both properly and legally. But there is just enough that isn't right to raise suspicions - and the UK's Information Commissioner's Office, which is responsible for the implementation of the new GPDR regime and is already having a hard time handling the scaremongering that's almost as bad as Y2K.

CoNet Section: 

Years ago, there was a cliché phrase that seemed to be repeated far too much: "a little knowledge is a dangerous thing." We need to relearn this for the benefit of society as a whole and for business in particular as comment-lite and narrow opinion is promoted as the norm across the whole spectrum of media.

CoNet Section: 

Pages

 


 

hahagotcha