Category: News

The Economic Crime and Corporate Transparency Act 2023 (ECCTA), passed on 26 October 2023, involves significant changes to UK law. This legislation, introduced by the UK Government, aims to combat economic crime and enhance transparency around corporate entities.  

These changes will impact companies of all sizes, introducing new responsibilities for a range of individuals, including both new and existing company directors, people with significant control of a company (PSCs), and those who file on behalf of a company with Companies House. This blog post highlights some of the key changes introduced by this new legislation, though it’s worth noting that there are additional provisions in place. 

Blog post written by Chamber Member, Preiskel & Co LLP.  

Firstly, there will be significant reforms to the role of Companies House, broadening its powers to become a more active gatekeeper of corporate information. These reforms include enhancing its ability to check, remove, or decline information submitted to the register. A new ID verification process will be implemented for all company directors, persons with significant control (PSCs), and those who file on behalf of companies. Additionally, the requirement for certain statutory registers to be kept by companies will be repealed. Companies House will also gain the power to amend fees related to incorporation and annual charges.  

All companies will be required to maintain a registered office address that qualifies as an “appropriate address”. This means the address must allow for the receipt and acknowledgment of delivered documents by someone acting on behalf of the company (i.e., PO Boxes will no longer be acceptable). Non-compliance will be punishable by fines and/or strike-off. Similarly, companies must maintain an appropriate email address that will come to the attention of a responsible individual acting on behalf of the company, although this email address will not be made public.  

As part of the transition to digital processes, Companies House will no longer accept paper filings for annual accounts. All accounts must instead be filed online using approved software. Reforms will also address partnerships to prevent the abuse of limited partnerships by tightening registration requirements and mandating the submission of more detailed information about the partners. 

Law enforcement agencies will be granted expanded powers to seize and recover suspected criminal cryptoassets linked to illicit activities, such as money laundering, fraud, and ransomware attacks, or deemed to be proceeds of crime. Additional intelligence-gathering powers will also be introduced to aid investigations while removing nugatory burdens on businesses. 

New measures will require all companies, upon incorporation, to include an express statement affirming that the company’s business purposes will be lawful. This statement must also be reasserted in each confirmation statement. Finally, a new “Failure to Prevent Fraud” offence will be introduced. Under this provision, an organisation will be held liable if an employee or agent commits a specified fraud offence and the organisation did not have reasonable fraud prevention procedures in place. 

Which companies will be impacted? 

ECCTA generally applies to all entities registered with Companies House, including private limited companies, public limited companies (PLCs), limited liability partnerships (LLPs), limited partnerships (LPs), community interest companies (CICs) and overseas companies. 

Which are the timings and next steps regarding this? 

The first set of changes under the ECCTA came into effect on 4 March 2024, with the remaining changes scheduled to be implemented throughout 2024 and 2025. 

For more information on the changes, please see the Government website here.  

Please contact Ronnie Preiskel or Karthyaeni Vittala on any questions on the above or how to prepare.  

The material in this article is only for general review of the topics covered and does not constitute legal advice. No legal or business decision should be based on its content. 

This article is written in English language. Preiskel & Co LLP is not responsible for any translation of all or part of its content into any language. 

Internships are a gateway to unlocking new skills, exploring career paths, and building professional networks. At the Spanish Chamber of Commerce in the UK, the opportunities are truly unique. Offering a dynamic and supportive environment, our internship programme empowers young professionals to immerse themselves in the vibrant world of international business and cross-cultural collaboration. 

Interns are typically assigned to a specific department (Communications, Foreign Trade, or Events), but they are also encouraged to explore a variety of tasks. As a small Team, we prioritise collaboration and flexibility. Additionally, the Chamber’s permanent staff provide consistent guidance and support to interns, carefully teaching and explaining tasks from the very basics. 

These internships are designed as learning periods where interns rotate through various functions, gaining practical experience and exposure to different areas of the organisation. We welcome individuals from all sectors and backgrounds who have a genuine interest in both Spain and the UK. Throughout the programme, interns contribute to our mission of fostering connections and bilateral relationships between the two countries. Whether assisting with high-profile events, engaging with Members, or developing essential professional skills, the programme is designed to leave a lasting impact on both the Chamber and its interns. 

The internship lasts for a maximum of six months and is primarily office-based at our central London location. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Communications Department 

As an intern in the Communications Department, individuals gain invaluable experience in the fast-paced and dynamic field of communications, engaging in a wide range of responsibilities, including content creation, social media management, and strategic communication initiatives. 

Interns play a key role in developing and refining high-quality content, including writing and proofreading to ensure accuracy, clarity, and professionalism. They create engaging materials for social media and newsletters, ensuring alignment with the Chamber’s and Members’ brand voice and strategic objectives. Managing the Chamber’s blog is another responsibility, where interns produce interesting and newsworthy content to share with Chamber Members and the internal Team. 

Interns in this role also have the opportunity to participate in a variety of events organised by the Chamber, ranging from smaller networking sessions like the Elevator Pitch! Speed Networking event to large corporate gatherings such as the prestigious XIII Annual Gala Dinner and the Barometer Presentation. These events offer valuable learning experiences, where interns contribute to planning, executing communication strategies, and supporting the delivery of key initiatives. 

This role provides an excellent foundation for those pursuing a career in communications, offering practical exposure and a deeper understanding of how to navigate the ever-evolving landscape of business communications in a cross-cultural setting. The skills gained through this internship often prove invaluable for successfully transitioning into the professional world. 

The Events Department 

Events interns play a pivotal role in supporting the Chamber’s event operations and communications. Their responsibilities include drafting and managing professional invitations, ensuring timely follow-ups with attendees, and maintaining accurate and detailed guest lists to facilitate seamless attendee management. 

Interns are also involved in the meticulous planning and execution of a wide range of events. From high-profile, large-scale corporate gatherings to smaller networking sessions, seminars, and business forums, they contribute to every stage of event coordination, from logistical planning to on-the-day execution. Throughout these events, interns meet a variety of professionals and gain valuable, hands-on experience, ensuring that all aspects run smoothly and meet client expectations. 

This involvement offers insights into event management and provides a fantastic opportunity to develop organisational, communication, and problem-solving skills in a professional setting. 

The Foreign Trade Department 

In the Foreign Trade Department, interns can expect to be involved in a wide range of tasks focused on fostering international business relationships, supporting trade initiatives, and gaining experience in cross-border market research and collaboration. The primary responsibility of a Foreign Trade intern at the Chamber is supporting Trade Agendas. This involves assisting Spanish or British companies in identifying suitable markets in the other country. The process includes conducting in-depth research to understand the client company’s needs and finding potential businesses for collaboration. Trade Agendas require consistent communication with companies through emails and phone calls to establish connections. While the process can be time-intensive, it is highly rewarding to facilitate opportunities for businesses to engage in mutually beneficial partnerships. 

In addition to Trade Agendas, interns play a key role in supporting the Chamber’s ongoing projects. These projects can vary widely, offering exposure to different facets of international trade and fostering a comprehensive understanding of cross-border business dynamics. Foreign Trade interns also have the opportunity to participate in meetings with prospective clients and attend various industry fairs throughout the year, offering exposure to a diverse range of sectors. 

This position provides invaluable experience in market research, business matchmaking, and cross-cultural communication, making it an excellent opportunity for anyone aspiring to work in international trade or business development. 

 

 

The Spanish Chamber of Commerce greatly values the hard work and dedication of its interns, who play an integral role in supporting the Chamber’s activities. Through practical experience and meaningful contributions, interns gain invaluable skills and insights that prepare them for their professional futures, while also becoming an essential part of the Chamber’s Spanish-British community. 

Blog post written by Sophie Ziliukas

The Spanish Chamber of Commerce in the UK was delighted to welcome Citi Commercial Bank as a Patron this year. Citi provides global banking solutions tailored to companies seeking rapid growth and international expansion. With its vast global network, comprehensive solutions, and industry expertise, Citi supports businesses across diverse industries and at most stages of growth. We interviewed James Morris, Head of UK Citi Commercial Bank, to learn more about Citi’s operations in the UK and their experience as a Patron of the Chamber. 

Could you provide a brief overview of Citi and its presence in the UK market? 

Companies these days are either born global or are going global at record speed. Macro factors are constantly reshaping the market and business environment, and clients now expect their banks to offer them a seamless service that emphasises connectivity, efficiency, speed and ease of use. Citi is uniquely positioned for companies that are looking to go global and navigate the complexities of today’s world. Through our vast global network and our on-the-ground expertise, Citi can connect the dots, anticipate change and empathise with the needs of our clients in ways that other banks simply cannot. Our global network has nearly $5 trillion of financial flows each day across borders, currencies and asset classes; the bank has more than 19,000 institutional clients, including 85% of Fortune 500 companies and we serve our clients in more than 180 countries worldwide. 

The UK is critical to Citi’s global network and operations; in the UK provide global financial services across all of our products – Markets, Banking, Services and Wealth – to clients based in the UK but also those looking to enter the market. Citi’s presence in the UK is sizable and is again crucial to Citi’s overall operations as we employ around 14,000 people across the UK, with around 10,000 in London, over 4,000 in Belfast, and hundreds more in Edinburgh. 

As for Citi’s Commercial Bank in the UK, we provide global banking solutions to mid-sized companies in the UK that are looking to grow rapidly and expand internationally and non-UK companies that are looking to come into this promising, burgeoning market. 

As a new Patron of the Chamber, what benefits do you hope to gain from our collaboration?  

We’re very much looking forward to working with the Spanish Chamber of Commerce in the UK and furthering the existing deep ties between the UK and Spain as European economic powers and key markets in the region.”  Both the UK and Spain are hubs for innovation in Western Europe with many digital and technology companies founded in both markets, as well as consistent trade taking place across industries. 

By being a Patron of the Spanish Chamber of Commerce in the UK, we hope we’re able to enrich the existing activity across mid-sized corporates in both countries and empower, through a simplified and efficient banking experience, Spanish companies that are seeking to do business in the UK. 

What key values define Citi, and how are these values integrated into your daily operations and customer interactions?  

Citi’s mission is to serve as a trusted banking partner to our clients by responsibly providing financial services that enable growth and economic progress. We have set expectations for how we must act to bring our mission to life. These expectations are at the heart of our Leadership Principles – we take ownership, we deliver with pride, and we succeed together. 

Taking Ownership, Delivering with Pride and Succeeding together are our values and each and every business activity or client interaction is defined by these values. Whether that’s in relation to safeguarding assets, lending money, making payments or accessing the capital markets on behalf of our clients – every action we take as a bank, we strive to embody these values and embrace the opportunities that come to us and our clients. 

What opportunities and challenges has the banking industry encountered in the British market, and how have these impacted Citi’s operations? 

London is, and will continue to be, a financial services powerhouse – it is a gateway to the world and a key player on the global stage. The UK remains one of the largest economies globally – ranking sixth in terms of GDP – and yet it is the third largest country in terms of total equity capital raised on its markets, so far, in 2024 according to the London Stock Exchange Group. The UK’s deep markets and global connectivity sets it apart and companies are able to access pockets of investment, funding and liquidity that are perhaps shallower than other markets in this part of the world. The strong rule of law and the large pool of talent in the UK also makes it a very attractive market to expand into in terms of presence and operations. It’s important gateway status also feeds into it being a good market to start with in Europe to test the viability of a product or service. 

With every market there are opportunities and there are challenges – the goal in the UK is to ensure the market remains globally competitive and that it continues to attract and retain and enhance or augment the flow of capital and business activity. As with other markets worldwide, growth slowed in 2024, given the macro-economic backdrop, however, this is increasingly more positive for 2025 and we’re cautiously optimistic about the outlook for business, trade and deal activity for the medium term as economic indicators begin to improve. We find that both domestic and international clients value political stability, which we now have post the UK General Election. The political stability fosters greater planning ability and should allow for additional investment into long-term opportunities and projects. 

How does Citi differentiate itself from competitors in the UK banking sector, and what specific strategies do you employ to enhance your market position? 

As a leading global bank, we continue to play an important role for clients amidst unprecedented global challenges. Our global network and mindset uniquely position us to help clients, customers and communities around the world. With a physical presence in over 90 markets, no other bank has the vantage point we do or the ability to connect dots in the same way. Our fundamental globality is a unique strength in the UK. The UK is a springboard for us to utilise our global network, insights and capabilities to drive opportunities for clients. 

What is Citi’s vision for the future, and what specific strategies or actions are you implementing to achieve it? 

Our vision is for Citi to be the preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in our home market of the United States. We are achieving this through a clear strategy and structure that align with: 

• Being truly global – leveraging the insights and local knowledge to benefit our clients everywhere they are and everywhere they want to be. 

• Simplification and a digital approach – we know that our clients, no matter who they are – a mid-sized corporate, a large corporate, a wealth client – operate in a digital world, so do we, and it is important that our business model is streamlined and that we evolve with the trends that shape how people want to bank: simply and efficiently. 

• Increasing connectivity – our five core businesses – Banking, Wealth, Markets, US Personal Banking and Services – are working more closely than ever to deliver the full range of our expertise and services to our clients and customers. 

• Emphasising and investing in our people – Citi is filled with talented individuals bringing their diverse experiences and perspectives to work. Together, we are building a high-performing culture that’s passionate about our clients’ success. 

For Citi’s Commercial Bank, our vision is to simplify global banking for mid-sized corporates and connect those clients to the same products and solutions that a large corporate would expect of a bank like Citi, while also doing this across our entire global network. We want to support mid-sized corporates, in the UK and globally, with improving their finances – their trade and working capital, capital or fund raising, maximizing returns on the cash and investments, innovating to solve for their financing needs to support their growth. By doing so we support this client segment with achieving efficiencies, resilience in their treasury or financial operations and processes. 

 

Marked Improvement, Member of the Chamber, has written a post on learning and development (L&D) across borders for the Chamber’s blog. In this piece, they explore why cross-border L&D matters, the challenges involved, and how e-learning and localisation can make a big difference. 

Blog post written by Chamber Member Marked Improvement 

 

Learning and Development Across Borders: Co-ordinated Strategies for Companies in Spain and the UK 

Businesses with significant operations in both Spain and the UK need to think strategically about learning and development (L&D). It’s no longer just about training people for their roles—it’s about building a shared culture, streamlining ways of working, and meeting different regulatory requirements. This blog explores why cross-border L&D matters, the challenges involved, and how e-learning and localisation can make a big difference. 

 

Why Cross-Border L&D Matters 

For UK and Spanish companies operating in both countries, having a joined-up approach to L&D brings plenty of benefits: 

1. A Shared Culture: Consistent training helps employees align with company values, goals, and expectations, no matter where they’re based. 
2. Smoother Processes: When everyone is trained in the same way, it cuts down on misunderstandings and inefficiencies. 
3. Better Compliance: Different countries have different rules, and good training makes sure employees know how to stick to them. 

When done well, cross-border L&D can help businesses bring their people together, increase productivity, and even drive innovation. 

 

Challenges of Cross-Border L&D 

But let’s not pretend it’s easy. Cross-border L&D comes with its fair share of challenges: 

1. Cultural Differences: What works in the UK might not land the same way in Spain. Training needs to reflect cultural nuances to make it relevant. 
2. Language Barriers: Miscommunication can cause inefficiencies and lower productivity. 
3. Different Regulations: Health and safety rules, for example, vary between countries, so training must be adapted accordingly. 
4. Tech Differences: Teams in different places might have access to different tools or be less familiar with e-learning platforms. 

And then there’s the “Not Invented Here” problem, where employees resist training that hasn’t been developed locally. If people don’t feel involved in the process, they’re less likely to engage with the content. 

To take a real example, many UK companies are currently trying to respond to the new Worker Protection Act 2024 which came into effect on October 26th. This, as readers may well be aware, places a new duty on employers to take ‘reasonable steps’ to prevent sexual harassment in the workplace. 

As a result, many of our UK clients are publishing new policies and procedures, as well as rolling out online courses. 

Clearly, with such a sensitive topic, recognition of both the legislative and cultural differences between countries makes a co-ordinated approach to L&D more challenging, but that’s not to say it can’t be done. 

 

E-Learning: A Smart Solution 

E-learning has been a game-changer for cross-border L&D. Why? Because it’s scalable, flexible, and cost-effective. 

1. Scalable: You can roll out training to teams of any size, anywhere in the world. 
2. Flexible: Employees can access training whenever it suits them, even if they’re in different time zones. 
3. Cost-Effective: No need for expensive travel or venues. 

Perhaps most importantly, e-learning can balance consistency with adaptability. You can create a standard framework and then tweak it for local needs, making it a perfect fit for companies with operations in both Spain and the UK. 

And although the carbon savings associated with increased use of e-learning are subject to debate, there is little doubt that it does make a contribution towards Net Zero, particularly where providers make a commitment to switching to greener data centres. 

 

The Importance of Translation and Localisation 

Translation and localisation are key to making e-learning work across borders. Training delivered in an employee’s native language is much easier to understand—and more effective. 

Take safety training as an example. Research by the Center for Construction Research and Training (CPWR – https://www.cpwr.com/) found that Spanish-speaking construction workers who took a safety course in Spanish became more aware of workplace hazards and improved their use of protective equipment. 

It goes without saying that AI has a role to play in translation now. However, it’s important to recognise that if your content is either very technical, or nuanced, or safety-related, ‘real’ translation is still essential to get it right and avoid mistakes with potentially costly consequences. 

It’s not just about making training easier to follow. Localisation also shows employees that their backgrounds and needs are valued, which can boost engagement and outcomes. 

Imagine your UK operation is commissioning a new bespoke e-learning course on Information Security. If you also have a significant operation in Spain, it could well make financial sense to consider a localised / translated version of the same course for the Spanish workforce. This will certainly be cheaper than developing courses separately. 

As an international or global business, your offices in the UK, Spain or elsewhere may have different learning platforms (Learning Management Systems, or LMSs) in place, but that needn’t prevent you from commissioning parallel versions of the same course. As long as the course is produced to one of the recognised technical standards (of which SCORM is almost universally adopted), your new courses should work on every platform. 

 

Best Practices for Localised E-Learning 

If you want your e-learning to work well across Spain and the UK, here are some tips: 

1. Map Your Languages: Find out which languages your employees speak and focus on those with the highest concentration. This might differ between departments. 
2. Respect Cultural Differences: Think about how cultural nuances could affect the way your training is received. Getting advice from a localisation expert at the start can save time and money later. 
3. Follow Local Rules: Make sure your training meets local compliance requirements. For example, health and safety regulations are likely to differ between Spain and the UK. 
4. Use a Glossary: Companies often have specific terms for their products, processes, and services. Make sure these are translated consistently to avoid confusion. A professional translation provider can help manage this. 

With these steps, you can create e-learning that’s both standardised and tailored to local needs. 

 

Next steps 

For companies operating in both Spain and the UK, cross-border L&D is no longer a nice-to-have; it’s essential. Well-designed and localised e-learning helps bring teams together, boosts productivity, and ensures everyone works safely and efficiently. 

If your business is ready to take its L&D – and e-learning in particular – to the next level, join us at our upcoming seminar at the Spanish Chamber of Commerce. We’ll dive deeper into the topic and share more insights on how to make cross-border training work. 

 

Post written by:  

Charles Shields, co-Founder and Director of SCCUK Member Marked Improvement E-learning Ltd, a specialist e-learning development company based in Derby and Barcelona. He has almost 30 years’ experience in the sector. 

Andrew Schlich, Founder and Managing Director of Nottingham-based AST Language Services, a long-established provider of translation services to SMEs and large organisations across Europe. 

Chamber Member, ECIJA has written a post for our blog on the recent changes to Spain’s residency options for foreign investors, including the elimination of the Golden Visa programme. This post outlines the implications of the new law, its expected timeline, and alternative routes to invest in Spain and obtain residency. 

Blog post written by ECIJA, Member of the Chamber 

 

The elimination of the Golden Visa programme in Spain 

On the 14th of November 2024, the Spanish Congress approved the elimination of the Golden Visa programme through a final provision included in the new Law on Measures of Efficiency in Justice. 

The elimination of Articles 63-67 of Law 14/2013 on Support for Entrepreneurs and their Internationalisation will result in the removal of visas and residency authorisations linked to the acquisition of real estate. In addition, visas and residency authorisations for investments in Spanish public debt, company shares, investment funds, bank deposits, and entrepreneurial projects will also be discontinued. 

The new law still requires ratification by the Senate. Once it is published in the State Official Gazette, there will be a three-month transition period before the law takes effect, likely around February or March 2025. While the Senate may propose amendments or reject certain provisions, the law is expected to be enacted as planned. 

Key points of the current approval 

If no further amendments are introduced: 

1. Applications submitted before the law comes into force will be processed under the regulations in effect at the time of application. 
2. Existing visas and residency authorisations for real estate investors, valid at the time the law comes into force, will remain valid. 
3. No new applications will be accepted after the law comes into force. 
4. Renewals of existing investor visas and residency authorisations will continue to be granted under the regulations in effect at the time of application. Existing visas and authorisations may be renewed for successive five-year periods, provided the conditions in place at the time of the original investment continue to be met. 

The Golden Visa programme has been a key mechanism allowing non-EU foreign investors to obtain residency and work permits in Spain without the requirement to become tax residents or live permanently in the country. By contrast, other types of visas and residency permits require effective residence in Spain to qualify for renewal. 

Reform of Immigration Regulations 

Separately, on the 20th of November 2024, the Reform of Immigration Regulations was approved. This reform is designed to streamline the process of obtaining residency and work permits by reducing both the time required and the number of steps involved. 

Alternative routes to Spanish residency 

For those seeking alternative ways to invest in Spain and secure residency, there are several options available, including: 

1. Digital Nomad Visa 
2. Entrepreneurs Visa 
3. Highly Qualified Workers Visa 

We encourage you to contact our Member, ECIJA, for advice on these options or other tailored solutions to meet your needs. 

Additionally, Spain offers several favourable tax regimes for foreign citizens wishing to relocate, such as the Beckham Law regime and the proposed Mbappé Law regime, which is currently in draft form. 

Spain: a hub for business and investment 

Despite these changes, Spain remains an attractive destination for highly qualified professionals, top-tier investors, and innovative international start-ups. 

If you are considering applying for a Golden Visa, there is still a small window of opportunity before the new law takes effect. If you wish to act now, please don’t hesitate to contact our Member, ECIJA, and they will be able to assist you with the process. 

Organising memorable events involves more than just securing a venue and creating a guest list: it requires meticulous planning, seamless coordination, and thoughtful follow-up. At the Chamber, we organise 50-60 events annually, and our Events Team works year-round to ensure every event runs smoothly from start to finish, delivering real value to our Members. At the heart of this effort is our Events Manager, Míriam Gimeno, whose expertise and commitment guarantee that every detail is expertly coordinated. 

In this blog post, we’ll take you behind the scenes to explore the stages of our event planning process, from early preparation to post-event activities that help keep our Spanish-British business community connected. 

The build-up: event planning and preparation 

At the Chamber, our Events Team begins planning each event as early as possible, understanding that preparation is key to delivering high-quality experiences. For larger events, planning typically starts six months in advance, while smaller gatherings may require just a few weeks.  

However, a three-month window is often ideal, as it provides ample time to establish a strategy, define the target audience, select the venue, and coordinate promotional efforts. This timeline also helps identify potential conflicts, such as holidays or competing events, and gives the Team the opportunity to brainstorm collaboratively for a well-rounded approach. 

When selecting a venue, our Events Team considers factors like guest numbers, event style, purpose, budget, and rapport with venue providers. Gut feeling plays a role in choosing the right location, with a focus on ensuring the venue’s atmosphere matches the event’s goals. Early in-person visits are essential as they help confirm that the venue suits both the ambiance and logistics. 

The choice of menu and sponsors is tailored to the event’s nature and purpose. For example, a formal gala requires a different menu than a casual brunch. In some cases, food is a central element; in others, it serves as a complement. Our Team partners with top-tier sponsors to ensure that every detail meets the event’s standards and provides an exceptional experience for attendees. 

Timing is also crucial when sending invitations. Typically sent five weeks before the event, or two months for larger gatherings, this allows guests ample time to plan while keeping the event at the forefront of their minds. 

From preparation to execution: effective communication and coordination 

Our Events Team ensures smooth communication and coordination at every stage of an event. They collaborate closely with our Trade Department to align on target audiences and our Communications Department to promote the event through a strategic communications plan. 

The Team begins by reaching out to potential attendees early on and follows up individually to address specific needs.  

When managing external speakers or special guests, the Events Team prepares in advance with initial meetings to align on content and expectations. As the event approaches, follow-up meetings ensure any last-minute details are covered.  

On the day of the event, the Team, led by our Events Manager Míriam Gimeno, oversees all logistics to ensure the event runs as planned. They monitor team progress, quickly resolve issues, and maintain smooth operations. A clear, concise running order is shared with the Team, and pre-event meetings ensure everyone is aligned with their roles and responsibilities.  

Wrapping up: the post-event process 

After each event, our Events and Communications Teams focus on gathering valuable feedback and ensuring effective post-event communication. Feedback is collected both informally, through direct conversations with attendees, and more formally, via surveys. This combination of methods provides the Team with actionable insights to improve future events. 

In terms of post-event communications, the Communications Team acts quickly to share highlights and follow-up content. The Team prioritises sharing pictures, videos, and other materials as soon as possible on our communication channels. Timing is crucial here: sharing content promptly helps keep the event fresh in attendees’ minds and boosts social media awareness. 

Post written by Sophie Ziliukas

At the Spanish Chamber of Commerce in the UK, we provide a range of communication tools and services to help our Members enhance brand and product visibility by reaching a targeted audience. Our official status boosts the visibility of our Member companies, reaching an audience across Spain and the United Kingdom. The Chamber’s Team is dedicated to increasing your brand visibility, expanding your network, and maximising your market impact to help grow your business. 

 

Social Media 

Through the Chamber’s LinkedIn, Instagram, and X accounts, we regularly promote our Members’ news, products, and events. Our diverse audience and strong following across all social media platforms enhance our outreach. On LinkedIn alone, we have nearly 9,000 followers!  

Additionally, many of our events are recorded and uploaded to our YouTube channel, and event sponsors receive product and brand visibility in all our professional videos. Finally, we have a collection of professional photographs from all our key events on our Flickr page, which attendees are welcome to share on their social media accounts. 

 

Newsletter 

Our popular biweekly newsletter keeps you informed with the latest news from the Chamber and upcoming events for Members. You’ll also find essential updates from our network, including new Members, Member-hosted events, and exclusive Member-to-Member offers. Plus, enjoy highlights from our latest YouTube videos and blog posts!  

Members can further boost their visibility by promoting their businesses, brands, or products with a customised banner in our newsletter for free. Our newsletter now reaches over 4,000 subscribers in both Spain and the UK. You can subscribe to our newsletter here.  

 

Blog 

The Chamber’s blog features current topics, the latest business trends and expert insights from our Team and Members. Patrons and Benefactors of the Chamber have the opportunity to contribute their own articles on business, trade or company news to our blog free of charge. We will credit your company and include a link to your profile on the Chamber’s Member Directory to boost engagement. 

 

Annual Report 

In addition to advertising through the Chamber’s social media, newsletter and blog, we also offer both Members and non-Members the opportunity to promote their company, news, and events with a paid advertisement in our Annual Report. This includes showcasing your company in our Annual Report, with physical copies distributed at over 50 events throughout the year and a digital version available on our website and social media channels.  

 

Additional options 

For interested companies who are non-Members, the Chamber can provide a range of advertising packages designed to help you reach an engaged audience within the Spanish-British business community.  

 

Post written by Sophie Ziliukas

Our Member Scornik Gerstein LLP has written a post for the Chamber’s blog which discusses the Spanish Grandchildren Law, formally known as the Ley de Memoria Democrática. This law allows children and grandchildren of original Spanish nationals to apply for Spanish citizenship without residing in Spain or taking an exam. The post outlines the eligibility criteria for applicants, the application process, and the approaching deadline for submissions. 

Blog post written by Scornik Gerstein LLP, Member of the Chamber

How to apply for Spanish citizenship under the “Grandchildren Law”: deadline extended until October 2025

Are you the child or grandchild of a Spanish national? If so, you may be eligible to apply for Spanish nationality without needing to reside in Spain or pass any exam. However, please take into account that there is a new upcoming application deadline. 

The Ley de Memoria Democrática, widely known as the Spanish Grandchildren Law, enables children and grandchildren of original Spanish nationals to apply for Spanish nationality. This law came into effect on 21 October 2022, with an initial period of two years for applications. 

Recently, the Spanish Government extended the deadline by an additional year, but they have stated explicitly that no further extensions will be granted. This means that those eligible under the law now have until 21 October 2025 to submit their applications. 

Applications must be submitted to the Spanish Consulate corresponding to the applicant’s place of residence, and they must be received no later than 21 October 2025, when the application window will close, and this opportunity will no longer be available. 

It is essential to apply before the deadline to take advantage of this legal process for acquiring Spanish nationality without the need to reside in Spain or renounce your current nationality 

Who is eligible to apply for Spanish Nationality under the Grandchildren Law? 

• Children and grandchildren of a Spanish mother, father, or grandparent who are considered, under Spanish law, to be originally Spanish. 

• Sons and daughters of Spanish nationals whose nationality of origin was recognised through the right of option under the Historical Memory Law (Seventh Additional Provision of Law 52/2007, dated 26 December) or under the current Democratic Memory Law. 

• Individuals born outside Spain to Spanish mothers who lost their Spanish nationality by marrying a foreign citizen before the 1978 Spanish Constitution came into effect. 

Chamber Member Scornik Gerstein LLP has successfully assisted many descendants of Spanish nationals in reclaiming their Spanish nationality under this law. If you would like to assess your eligibility, please contact our Member at your earliest convenience through the Member Directory on our website. 

Our Member strongly recommends acting as soon as possible, as gathering the required documentation in accordance with the Grandchildren Law can be a complex and time-consuming process. 

In this post written for the Chamber’s blog, our Member Moore Kingston Smith examines the tax implications of UK short-term business visitors and the challenges they pose for both companies and employees. They offer practical solutions, explain how these rules apply, and outline steps your company can take to streamline the process. 

Blog post written by Moore Kingston Smith, Member of the Chamber

UK short-term business visitors and tax – what do I need to know? 

Tax authorities worldwide, looking to increase revenue, are focusing on people travelling for work. Immigration and tax are increasingly coordinated, and countries exchanging information is now commonplace. 

What is short-term business visitors tax? 

In the UK, the default income tax position for an employee visiting the UK for work purposes from another group company operating overseas is that the UK entity must add them to UK payroll and withhold tax – even if it is for just one day. Many countries have similar rules regarding short-term business visitors. 

This is burdensome for both the company and the individual. In addition to the UK payroll requirements for international employees, the individual is likely to have to file a tax return to claim the tax back under treaty if it is not due. 

What is the solution? 

Each country has its own set of rules and regulations. In the UK, an agreement with HMRC can be reached where a tax treaty between the UK and the foreign country exists, called a short-term business visitor arrangement. This enables treaty rules to be applied upfront, removing the need for payroll registration and tax return completion, if all conditions are met. 

An application is made to HMRC in which the company agrees to track its employees’ international movements and supply the required information to HMRC in an annual report, due on 31 May after the tax year-end. 

The amount and type of information reportable increases with the amount of time an individual spends in the UK. Once HMRC has agreed to the application, the company benefits from the simplified compliance of the HMRC short-term business visitor arrangement. 

How will HMRC know you have business visitors? 

HMRC regularly investigates international visitors during employer compliance checks and has increasing access to information about people travelling. 

Technology has made it easier for countries to track people’s travel. For example, the EU is set to launch an entry-exit system on 10 November 2024. This will use digital photographs and fingerprints to register travellers from non-EU countries, including the UK, when they enter the EU. This applies to both short-stay visa holders and visa-exempt travellers. 

It will be easy for authorities to check their records to determine legal compliance, including tax implications for short-term business visits. 

How can Moore Kingston Smith help? 

Please contact us to learn how your company can benefit from a short-term business visitor arrangement, how to apply, what information is needed, and how to file the annual report.

In their latest blog post, Veridas, Patron of the Chamber, encourages businesses to upgrade their voice biometrics providers. With a focus on enhanced security, cost savings, and improved customer experience, Veridas explains why changing voice biometric supplier is an opportunity rather than a risk. As a global leader in the identity industry, Veridas provides innovative solutions for companies looking for a reliable expert in the field. 

Blog post written by Veridas, Patron of the Chamber 

Veridas, a global leader in biometric identity solutions, announces a bold initiative encouraging businesses to upgrade their voice biometrics providers. In a context where major players are exiting the market, Veridas positions itself as the dedicated identity expert, offering several advantages. As security, cost optimisation, and customer experience become increasingly critical, Veridas invites businesses to switch to a specialised provider committed to delivering robust, innovative solutions.  

Swift integration, multi-platform deployment, and rapid implementation 

Traditional voice biometrics solutions often have lengthy integration processes, compatibility issues, and extended deployment times. In this context, the platform Veridas ECHO aims to disrupt this norm, providing a voice authentication system designed for quick, multi-channel integration across various platforms. This includes call centres, IVRs, mobile apps, virtual assistants, and social media apps like WhatsApp, Telegram, and Instagram. For businesses already working with platforms like Genesys, Veridas ECHO integrates directly, enabling seamless deployment in under four weeks and significantly reducing the time to full operational impact. 

Veridas’ platform is adaptable and integrates with systems such as Genesys, Twilio, AVAYA, and Amazon Connect. This adaptability allows businesses to maintain control over deployment, whether through public clouds, private servers, or on-site data centres. Veridas emphasises that this is not a one-size-fits-all solution, but a customised approach designed to fit specific business needs and enhance overall security and performance. 

“Voice biometrics reduces customer verification time by more than 95%. The average busy IVR time is 90 seconds with traditional methods, while it becomes 5 seconds with this solution,” says Héctor Estella, VolP Manager at Mutua Madrileña, highlighting the efficiency gains. 

Veridas Voice Shield: protecting against fraud in real-time 

Fraud remains a relentless threat, evolving with each technological advance. The platform Veridas Voice Shield detects deception swiftly, distinguishing between genuine and fraudulent voices within three seconds. This real-time defence works independently of language or text, requiring no prior enrolment or databases, allowing immediate protection with zero delays. 

“Biometrics has become something our customers demand because of the perceived security it gives them. 65% of our customer acquisition is now digital”, states Natalia Ortega, Global Head of Financial Crime Prevention at BBVA, emphasising the technology’s role in building customer trust. 

Veridas Voice Biometrics, another security platform, has three-second voice authentication, language and text independence, passive authentication, and advanced anti-spoofing capabilities. Its ultra-fast processing time of 150 milliseconds ensures seamless, secure interactions across all channels. These unique features deliver over 95% funnel efficiency, providing unmatched speed, security, and user experience in voice authentication.

A strategic partner for long-term success 

Veridas goes beyond technology implementation by partnering with clients to ensure ongoing optimisation and alignment with business objectives. Their expertise in biometrics, AI, and regulatory compliance positions them as a strategic ally in enhancing security. 

“At Veridas, we don’t just provide technology—we set new standards for security and efficiency in voice biometrics. The future belongs to those who dare to change, and we are your strategic partner in turning every challenge into an opportunity. Our solutions don’t just adapt—they lead, empowering our clients to redefine their digital landscape with confidence. Change with us, and you’ll not just keep up—you’ll set the pace,” said Eduardo Azanza, CEO of Veridas.