There are more than 300 Regulators in the UK; groups that are set up in order to ensure that individuals and businesses meet specific regulations. Some of these regulations may be concerned with professional services, while others are concerned with individuals. With so many regulators, and such a broad scope of regulatory framework out there, it is possible that you or your business could come under scrutiny from one or more at some point. If this does occur, then the sentences can vary from cautions to fines and even to custodial sentences, and it is important that you seek effective legal advice and representation from a direct access barrister.
Health And Safety
Every employer has a regulatory obligation to ensure that their employees, and any visitors to the premises or workplace enjoy a high level of health and safety. Whether an employee has become injured or ill as a result of their work, or whether a check on your premises has led to further investigation, you should take action to ensure your company and reputation are protected.
HMRC
Companies also have a regulatory obligation to report taxes and finances to HMRC. A failure to comply properly can lead to criminal prosecution for individuals, and to substantial fines for companies and other groups and organisations. The government have been concentrating a lot of their efforts on chasing evaders and fraudsters, and this is a growing area of law.
Trading Standards
Animal welfare, food labelling, and consumer rights are some of the issues that a company might face legal action for when dealing with Trading Standards. A consumer will usually approach this regulator, and if they believe there is a case to answer then they will proceed with an investigation into the matter. Sometimes, investigation may be undertaken following a large number of minor complaints.
Regulatory Crime Investigations
In a lot of cases, a company will only be aware that they are being investigated for a regulatory crime when they receive a letter or a visit telling them. In serious cases, court dates may be set, although it is sometimes possible to avoid a case reaching this point. With good legal representation you can ensure that you receive a fair outcome.
What To Do Now
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