Plans to protect shareholders from having their information disclosed to
protect them from animal rights extremists have been criticised by the
Conservatives for not going far enough.
The Conservatives has put forward amendments to the Company Law Reform bill,
stating that the current plans were inadequate, reports the Financial
‘They just haven’t thought it through,’ argued Conservative shadow trade and
industry minister Jonathan Djanogly.
Current plans include plans to allow companies to withhold shareholder
details for ‘anything other than a fit and proper purpose’, in relation to those
holding less than 5% of shares.
But the Tories claimed that Companies House would still enable access to
shareholder details, and warned about the cost on smaller companies for blocking
potential repeated court orders if activists made numerous requests for
The Tories want individual shareholders to have the right to ensure their
names and addresses are not disclosed.
Smaller businesses could be excluded from government plans for making business transactions digital, found new research from ICAEW
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
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