Someone who waffles speaks or writes at length in a vague or trivial manner.
Avoid reports that waffle. Use an Executive Summary to get to the point quickly. Put the detail in the subsequent sections and supporting information or reference material in appendices.
Join the campaign to make waffling a fineble offence!
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New disclosure rules that were intended to take effect from January 2017 have been put back one year.
Does your firm have sufficiently robust systems and controls, policies and procedures and governance in place to mitigate financial crime?
Are you completing your RMAR correctly?
If you have clients with overseas income or assets you might need to notify them of HMRC requirements.
P2P permissions – action required by 31 December 2016
Alistair MacDougall Compliance 2016
If you do not advise on P2P agreements, you need to consider whether you should remove this permission.