Bridging gap between cyber security and corporate laws in light of Panama Leaks
The Panama leaks, also known as Panama papers, are among the most major scandals of 2016 and one of the most burning topics faced by governments, corporations, nations and societies alike around the world. Iceland’s former Prime Minister Sigmundur David Gunnlaugsson stepped down in April 2016 following revelations of the Panama papers and former British Prime Minister David Cameron’s family members were also named in the scandal. Provoking public outrage, Government of the United Kingdom managed to block major transactions moving offshore and also managed to recover millions of pounds in evaded tax.
It however left a major void in the level of trust between the British Government, the British public and the British corporate sector. For lawyers, they are facing a daunting task of preventing the incidence of flimsy lawsuits and protecting the corporate sector against advocacy for flimsy causes in order to prevent them against systematic extortion.
Law students now have to be very vigilant when it comes to writing essays, assignments and reports as well as solving cases in these matters in light of the corporate law, business law and cyber security law of the United Kingdom. The Police and Justice Act 2006 Chapter 48, which regulates the computer misuse act, the Data Protection Act 1998, the Companies Act 2006 and the Insolvency Act 1986 are the major laws that are taken into consideration when dealing with lawsuits related to Corporations and Businesses regarding the Panama leaks, tax evasion and other cases related to wrongdoings of corporations.
Law students dealing with case studies related to this issue have to consider the aforementioned 4 acts in order to devise the most practical of all solutions and explain the issue with regards to these 4 laws as well. Other related laws can also be discussed and the question of British national interest is also raised whether corporations are acting in the best interests of the United Kingdom or not. Corporations and eminent personalities, including politicians in the United Kingdom are now facing the prospect of a large scale public investigation and that corporations now need to protect themselves under the aforementioned acts as well.
Writing Essays, Assignments, Case Studies, Reports, Coursework and Dissertations on this matter requires a lot of practical information and a lot of practical solutions as well. Students do consult their course instructors in terms of any confusion in the topic and the issue at hand but when they face even more difficulties then they look for an Essay Writing Service UK to help them in this regard in order to fully grasp issues relating to business, corporations, corporate cases and cyber-attacks which need to be tackled with references of The Police and Justice Act 2006 Chapter 48, the Data Protection Act 1998, the Companies Act 2006 and the Insolvency Act 1986.
Banks have to protect data of their consumers and this fact should also be highlighted by law students in their coursework. Furthermore, the implications of tax evasion for corporations and businesses alike should also be highlighted by law students as well. Law students and course instructors need to highlight the matter of national interest and ethical practices in light of the Companies Act 2006 which should provide provisions for companies to place significant amount of operations in the United Kingdom.
What law students should do that apart from the aforementioned 4 acts, they should also look for more relevant acts and devise solutions to protect the community, businesses and corporations from cyber theft and tax evasion, and emphasise on heightened use of ethics and truthfulness. Since the aforementioned 4 acts are derived from the law of England, Scotland and Northern Ireland have different laws and law students studying in Scotland and Northern Ireland need to study comparable acts from the laws of Northern Ireland and Scotland as well. If students need an Essay Writing Service UK for essays, assignments, coursework, reports and dissertations in these matters then they should contact Law Essays Help right away without hesitation.
Author Bio: Henry Flynn is currently studying law at University of Lancashire and is currently working part time as a freelance writer providing advice to students studying law in the United Kingdom.