Payment practices reporting

1. UK.

The legal requirement, from 2017, for large businesses in the UK to publicly report on their payment practices behaviour.

Also known as the 'duty to report'.

(Enabled by the Small Business, Enterprise and Employment Act, 2015.)

2.

Other similar reporting by other organisations or in other jurisdictions, whether voluntary or mandatory.

See also

• Chartered Institute of Credit Management
• Credit
• Open account
• Prompt Payment Code