Publish or be damned
The Modern Slavery Act 2015 was introduced with the worthy aim of eradicating modern slavery and making businesses reflect on practices within their supply chains.
Section 54 aims to promote transparency in supply chains and stands to ensure that consumers and businesses are not inadvertently fueling the demand for slave labour. The provision is expected to come into force in October 2015. It will require organisations of a certain size to produce a statement that either:
The UK Government has published a report measuring the impact of the Bribery Act 2010 among small and medium enterprises (SMEs). The effect of the Bribery Act was to require “commercial organisations” to introduce procedures designed to prevent bribery. The report has found that 50% of SMEs consulted either had no procedures in place to prevent bribery or did not know if they had procedures in place
On Wednesday 22 July, the Energy & Climate Secretary, Amber Rudd, announced proposed measures to deal with the UK government's projected overspend of the Levy Control Framework (LCF) (the mechanism by which the total amount of subsidies available for renewable energy is capped).
The two key measures are:-
The rising cost of uncertainty.
Semple Fraser successfully appealed against the dismissal of its claim seeking a contribution from CBRE Ltd to sums paid by Semple Fraser in settlement of a professional negligence claim. That claim had been brought by STV relative to the rent review clause in the lease of its headquarters.
On 1 July the Crown Office and Procurator Fiscal Service (COPFS) announced the publication of the Lord Advocate’s Rules on the right of victims, including corporate victims, to request a review by COPFS of any decision not to take action, or to stop or discontinue prosecutions after court proceedings have begun, under Section 4 of the Victims and Witnesses (Scotland) Act 2014 (the ‘2014 Act’).
An agreement has been reached between Iran and the permanent members of the UN Security Council (and Germany) which will open up trade in the region. The agreement struck seeks to relieve the trade sanctions placed on Iran whilst solidifying the prohibition on Iran’s nuclear programme.
This could have a significant impact for organisations operating in the oil and gas sector, both domestically and at an EU level.
Background on sanctions
The Court of Arbitration for Sport today (10/07/15) handed down its decision in appeals lodged by the Serbian FA and the Albanian FA against Uefa’s decision to hold both associations liable for the abandonment of the Serbia v Albania European Championship qualifying match in Serbia in October 2014.
Recent history between these two nations meant that away fans were banned from the attending the match in Belgrade.
Post-election Budgets are strange beasts. They are now a regular sight on the tax and spending landscape and inevitably follow a pre-election Budget which contains elements of electioneering - as well as the necessary foundations for which to raise tax in the forthcoming year. There has already been another doorstop of a Finance Act in 2015, and this Budget will not reduce the legislative burden.
Parties considering raising court proceedings must remember that claims become stale and after a certain period of time, Scots law prevents them from being enforced in terms of the Prescription and Limitation (Scotland) Act 1973. This article considers whether parties can do anything to extend the period of enforcement in Scotland, particularly with regard to professional negligence claims.
Post-election Budgets are strange beasts. Following the UK election result, this was billed as the first true Conservative Budget in 20 years, blue in tooth and claw and showing what the Conservatives would have done if not hamstrung by the coalition. Post-election Budgets tend to be stall-setting, laying out longer term plans for the whole Parliament. To this can be added the even longer term commitment to reducing or removing the annual fiscal deficit as a basis for what might be done, with a terrifying Greek drama playing out in the background.