Companies House published its strategic plan for 2017-2020 and its business plan for 2017-2018 on 19 April 2017. The business plan notes that the Fourth Money Laundering Directive (“4MLD”) will be implemented by the end of June this year.
I recently had the pleasure of attending the Keynote Seminar – hosted by Scotland Policy Conferences – entitled “Brexit and economic policy priorities for Scotland – investment, growth and international trade”. The seminar was well attended, with top solicitors, accountants, representatives of major businesses, trade organisations, senior university faculty members and politicians contributing to a comprehensive set of presentations and lively discussion thereafter.
There is no legal requirement for shareholders in a private limited company to have a Shareholders' Agreement. Shareholders in SMEs may therefore be inclined to save themselves the costs of putting such an Agreement in place. A Shareholders' Agreement can, however, be useful in anticipating challenging situations which shareholders may encounter and setting out how those situations are to be dealt with.