Regulation and compliance laws are in place to give uniformity and to make sure that businesses are acting legally and morally. In order for companies to reduce the risk of legal penalties and reputational harm, it is important that they comply with local laws and regulations.
Instructing ScoMo will bring you the peace of mind that you need. We deal with regulation and compliance on a daily basis and therefore will ensure that your company is legally complying and that you are adhering to regulatory requirements.
Get in touch with us today for further advice, and one of our friendly experts will be able to help. Contact us on 020 3972 9011 or complete our online enquiry form.
The importance of compliance - help and support
Depending on the type of company structure that you have, you will be required to comply with different laws and regulations. Luckily, we are on hand to advise which bodies you will need to register with and how to remain compliant.
Generally, companies will need to comply with the Companies Act 2006, including undergoing certain procedures such as holding board meetings, annual general meetings, filing returns, financial statements, and keeping information about directors.
In addition, the industry in which your company operates may require you to adhere to other regulations such as registering with regulatory bodies or having certain policies in place, such as anti-money laundering policies. Your company must comply; otherwise, it can lead to legal consequences such as penalties, fines, profit skimming, even imprisonment, and reputational damage too.
Proactive regulatory legal advice
At ScoMo, we take preventative measures to ensure that you do not face legal action through non-compliance. We advise you to contact us as soon as possible so that you are not unintentionally conducting business activity without full compliance.
Our expert commercial and company lawyers are here to help you understand which laws you need to comply with and how to continue complying throughout the life of the business. We can conduct compliance audits and provide advice on how to implement compliance strategies and procedures.
We know that trying to understand the complexities surrounding government regulations can be a time-consuming and tedious process, which is why we suggest that you leave the hard work to us, the experts, so that you can focus on your business.
Keeping on top of changing regulations
It can be confusing having to keep up to date with existing and changing regulations. We understand how tiring it is going through all the bureaucracy surrounding compliance, such as trailing through legislation and policy guidance. Even when you think you have been through everything, to the untrained eye, crucial details can be missed that may risk your company being non-compliant.
Contact our Regulatory and Compliance Solicitors
We can assist small, medium, and large businesses and have a wealth of knowledge and experience in regulatory and compliance laws to ensure that we are giving you the most up-to-date information for your industry.