Insights

In many organisations, when a problem appears the instinct is to escalate. Managers turn to HR; teams look to leadership and solutions are expected to come from a small group of experts, and this is becoming increasingly unsustainable.

These provisions introduce targeted amendments to the financial reporting and filing framework under the Companies Act, with particular relevance to companies subject to European Single Electronic Format (“ESEF”) reporting requirements.

‍As AI reshapes how businesses are positioned, and chosen as service providers, a subtle but important shift is taking place. The businessesgaining ground are not necessarily those producing themostcontent or increasing their visibility. They are the ones that are easier to understand.

The first edition of our 2026 VAT Newsletter is out now!

Today, 6th April 2026, the Commissioner for Tax and Customs has issued new guidelines setting out the gambling and betting activities that will benefit from the VAT exemption under the amended law.

Outsourcing is now embedded in insurance and reinsurance operating models. Claims handling, policy administration, IT platforms and customer support are routinely placed with third‑party providers. The VAT consequences, however, are commonly misread.

The Three Lines of Defence model has long served as a foundational framework for clarifying roles and responsibilities across governance, risk management, and internal control. Although originally designed to structure risk and control functions, the model has since evolved, both in practice and through regulatory guidance, to reflect a more integrated and holistic approach to organisational governance.

Rolling cashflow forecasting addresses this gap by providing a forward‑looking view of when cash is expected to be received and paid over a specified period. It is updated regularly using real data and rational assumptions to ensure management has continuous visibility over future cash positions and may react accordingly.