VinciWorks Compliance Update

LMS to undergo further innovation in 2020

Over the next few months, VinciWorks will finalise its Learning Management System development schedule for 2020. We aren’t yet able to share the full details of the new LMS developments but suffice to say, we are excited.

Health and safety — Take our interactive assessment of your workstation

Using display screen equipment (DSE) such as PCs, laptops, tablets and smartphones for extended periods or using them incorrectly can result in fatigue, eye strain, upper limb problems, back and neck problems, repetitive strain injury, stress, headaches and more. VinciWorks has created a short interactive assessment to give you an understanding of improvements you can make to your workstation to make it better for you from a health and safety perspective.

The answers to the questions presented in this assessment can be fully integrated with VinciWorks' data collection and reporting software, Omnitrack.

DAC6 reporting requirements — DAC6 flow chart

Back in May 2018, the Economic and Financial Affairs Council of the European Union (ECOFIN) adopted the 6^th Directive on Administrative Cooperation (“DAC6 Directive”). This new directive requires tax intermediaries to report specific cross-border arrangements. The aim of DAC6 is to tackle tax avoidance and evasion, strengthen tax transparency and improve information sharing between EU Member States.

VinciWorks has created a DAC6 flow chart to help you determine whether your transaction may be reportable. You can use this flow chart as a decision-making tool in your day-to-day work.

Health and safety training — What are the requirements?

The Health and Safety at Work etc. Act 1974 requires all businesses in the UK to provide whatever information, instruction, training and supervision as is necessary to ensure, so far as is reasonably practicable, the health and safety at work of employees. Some of the responsibilities include induction training, training specific to staff changing roles, refresher training and more.

How will the Fifth Directive affect enhanced due diligence?

The Fifth Money Laundering Directive is set to be transposed into national law by 10 January 2020. One of the key changes to money laundering regulations that the Fifth Directive will bring is that Member States will have to implement enhanced due diligence (EDD) measures to monitor suspicious transactions involving high-risk countries.

Upcoming VinciWorks webinars

To help firms grapple with current legislation, as well as upcoming updates to regulations and laws, VinciWorks has two webinars coming up. The free webinars feature interviews with policy makers and subject matter experts and will give attendees the opportunity to have their questions answered.

Click on the links below to learn more about the webinars and register for free:

• Whistleblowing — Understanding your rights and responsibilities
• Health and safety at work — Beyond ticking the box

About VinciWorks

VinciWorks is the definitive authority in compliance training and software. With over 250,000 users across 70 countries, our training is used by leading corporations in every sector, including 60 of the largest 100 law firms in the world.

The VinciWorks compliance training catalogue provides practical, interactive and customisable training available in multiple languages. The courses are updated regularly to meet evolving regulatory legislation.

The catalogue includes the following courses:

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