4 ms·
2-bit operation folds, fine unpaid. Director and his missus (1 share each) walk away unscathed.
by bogle 9y ago
2-bit operation folds, fine unpaid. Director and his missus (1 share each) walk away unscathed.
- victorNicollet 9y ago> In October, the government announced plans to let the ICO fine company directors as well as their businesses.
- DanBC 9y agoDirectors are personally liable for ICO fines as a result of PECR infringement. At least, that was the plan, I'm not sure if this was enacted: http://www.wablegal.com/uk-directors-personally-liable-nuisance-calls/ http://www.wablegal.com/uk-directors-personally-liable-nuisa...
- bogle 9y agoNope, not enacted and now kicked into the long grass.
- tgb 9y ago> In October, the government announced plans to let the ICO fine company directors as well as their businesses. "Making directors responsible will stop them avoiding fines by putting their company into liquidation," the ICO said. Can't come soon enough!
- digitalronin 9y agoNot necessarily; > From Spring 2017, firm directors can each be fined up to £500,000 by the Information Commissioner’s Office, if they are found to be in breach of the Privacy and Electronic Communications Regulations. https://www.gov.uk/government/news/government-clamps-down-on-nuisance-call-crooks https://www.gov.uk/government/news/government-clamps-down-on...
- _pmf_ 9y agoThe magic of limited liability. It's the codified concept of privatizing profits and socializing losses.
- easytiger 9y agoIt really is not