Social Enterprise meaning

This Checklist serves as a reference for organisations preparing to draft a social media policy, as well as for advisers supporting them. Every policy should be tailored to the specific requirements of the enterprise, especially in regulated fields such as financial services, legal practice or accountancy. From the beginning, organisations ought to reflect on the aims and rationale of a social media policy. They should also pinpoint the possible risks arising from employees and other personnel using social platforms so that, once adopted, the policy operates as an effective means of reducing those risks. Social media covered by a corporate social media policy should include social networks, email groups, bulletin or message boards, chatrooms, listservs and blogs. Familiar platforms include Facebook, LinkedIn, Pinterest, YouTube, Instagram, Flickr and X. As social media technology evolves constantly, the list of examples is deliberately not exhaustive. Why do you need a social media policy? People use social media for both personal and professional reasons, and the policy should aim to separate what...

In this issue: New technologies Internet Media Advertising, marketing and sponsorship Telecommunications Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information New technologies Commission issues guidelines on EU AI Act obligations for general-purpose AI models On 18 July 2025, the European Commission issued guidelines clarifying how obligations apply to providers of GPAI models under the EU AI Act. Published in advance of the GPAI model rules taking effect on 2 August 2025, they are intended to spell out in detail what providers must do under the law. While not legally binding, the guidelines reflect the Commission’s reading and intended application of the Act, which will inform its enforcement approach. They also sit alongside the General-Purpose AI Code of Practice that independent experts submitted to the Commission on 10 July. See News Analysis: AI developers, users see EU’s guidelines on general-purpose AI models and LNB News 18/07/2025...

Mergers The CMA confirmed the planned acquisition of Autotalks Ltd by Qualcomm Incorporated has been abandoned—see further, case page. The Secretary of State for Culture, Media and Sport has extended the period for parties’ representations on whether to refer RB Investco Ltd’s anticipated purchase of Telegraph Media Group to a CMA phase 2 investigation—see further, correspondence to RedBird IMI on the deadline extension. NOTE—For all current CMA merger cases, see further, UK mergers—ongoing cases tracker. NOTE—For an overview of live and completed mergers where the UK government has intervened on public interest grounds under the Enterprise Act, see further, Government interventions on public interest grounds—merger cases tracker. Subsidy control The Subsidy Advice Unit has accepted a request from the Welsh Government to report on its proposed Social Sector Medium and High-Rise Buildings Fire Safety Grant Fund–Large Awards Scheme—see further, case page. NOTE—For all referrals to the Subsidy Advice Unit under the Subsidy Control Act 2022,...

In this issue: Budgets and Finance Bills Taxes management and litigation Business structures Anti-avoidance Employment taxes Devolution International Individuals and income tax Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information Budgets and Finance Bills National Insurance Contributions (Employer Pensions Contributions) Bill in the House of Lords The National Insurance Contributions (Employer Pensions Contributions) Bill has passed through the House of Commons and is now being scrutinised by the House of Lords. See: LNB News 23/01/2026 8. Further changes to Finance Bill 2026; Public Bill Committee timetable On 23 January 2026, the UK government introduced additional amendments to Finance Bill 2026 (FB 2026) for the Public Bill Committee to examine: clause 13 (enterprise management incentives) and clause 225 (tax adviser registration). The Committee has also released its schedule, with proceedings due to conclude no later than 26 February 2026. See: Tax—Finance...

Key terms Expressions such as ‘responsible/sustainable business’, ‘corporate responsibility’ (CR), ‘corporate social responsibility’ (CSR), and ‘environmental, social, governance’ (ESG) appear widely in multiple settings among companies, advisers and legal practitioners across sectors. Yet, broadly, they all signal an enterprise acting responsibly within its everyday operations, as part of its day-to-day activities. An increasing number of businesses recognise that meeting national, state and local rules alone may no longer adequately shield them from legal, regulatory or reputational exposure, and that missing the escalating expectations in this sphere can carry significant financial consequences. In this note, we adopt ‘sustainable business’ as the overarching label for consistency. For further terminology, see Precedent: Sustainability glossary terms (The Chancery Lane Project). What is ‘sustainability’? The word ‘sustainability’ often sits alongside phrases such as ‘environmental sustainability’ or green business in common discussion. Although there is no single, settled definition, many bodies and sources rely on the Brundtland Commission Definition of sustainable development when attempting to explain the term. However, the Brundtland Commission Definition...

CGT reliefs most relevant to Private Client Multiple reliefs exist to lessen or defer capital gains tax (CGT) arising on the disposals of both business and personal interests...

Updated in October 2025 Introduction Since the mid-twentieth century, Taiwan has stood among the ‘Asian Tigers’, sustaining a vibrant capitalist economy with a strong global footprint. The World Trade Statistical Review 2025 records Taiwan as the 16th largest exporter in world merchandise trade for 2024, while the IMD World Competitiveness Yearbook 2025 ranks it 6th worldwide. The government also provides a range of attractive incentives that enhance Taiwan’s business-friendly appeal. Supported by political stability and a dependable domestic market, deep expertise in both hardware and software engineering, a rich pool of high-calibre talent, mature infrastructure, and favourable investment legislation, Taiwan offers a compelling setting for enterprise. Positioned at the heart of the Asia Pacific, it serves as a strategic bridge to major economies including the US, China, Japan and Korea, along with emerging markets such as the ASEAN Economic Community (AEC). In June 2010, the People’s Republic of China (PRC) and Taiwan concluded the Economic Cooperation Framework Agreement (ECFA), further reinforcing Taiwan’s role as an appealing economic hub...

1 Introduction 1.1 Bribery and corruption persist as significant problems in global commerce, notwithstanding numerous targeted initiatives to deter them. They inflict serious harm on communities where they arise. They: 1.1.1 divert funds and other assets away from those most in need; 1.1.2 impede economic and social progress; 1.1.3 harm enterprise, notably by pushing up the price of goods and services. 1.2 Our statutory duties are chiefly set by the Bribery Act 2010 (BA 2010). BA 2010 applies to us as a UK organisation if bribery happens anywhere within our operations. 1.3 We conduct our business [ es ] with integrity, and in a frank and principled way. Each of us must act to ensure [ insert organisation’s name ] stays free from bribery or corruption. 1.4 This policy is central to that aim. It is fully endorsed by the [ insert, eg Board ]. It explains the measures everyone must follow to stop bribery and corruption in our...

1 Introduction 1.1 Bribery and corruption continue to pose a significant challenge in global commerce, notwithstanding extensive measures to curb them. Our legal duties stem chiefly from the Bribery Act 2010. As a UK company, that legislation applies to us wherever bribery arises within our business [ es ]... 1.2 Such practices harm the communities where they happen, siphoning funds and other assets from those most in need and obstructing economic and social progress. They also harm enterprise, notably by driving up the price of goods and services... 1.3 The Company conducts its business [ es ] with integrity, and in a transparent and principled way. We must all act collectively to keep our [ business remains OR businesses remain ] free from bribery or corruption. This policy forms a vital part of that endeavour. It sits as the personal responsibility of [ enter position, eg the CEO ], carries the full backing of the Company’s board, and reflects [ enter position, eg the CEO ]’s pledge...