New rights for pension trustees on takeovers
Changes to the Takeover Code, which come into force on 20 May, will give pension scheme trustees new rights to be involved in the takeover process. Going forward, trustees must be provided with key information on the offer and given the opportunity to publish their opinion on the impact it will have on the scheme. Although the changes will not give trustees a seat at the negoti…
Bribery Act bites
Although discussion on the Bribery Act 2010 has centred mainly on the private sector, it does apply, albeit on a more limited basis to public organisations and bodies. So far there has been just a single conviction under the Act since it came into effect on 1 July last year – an English court clerk was successfully prosecuted for accepting bribes in returning for altering the …
Bribery Act bites
Although there has been just a single conviction under the Bribery Act – an English court clerk was successfully prosecuted under the Act for accepting bribes - since it came into effect on 1 July last year, there is no room for complacency. I feel it is just a matter of time until more prosecutions, including corporate prosecutions, and civil settlement agreements begin to eme…
Bribery Act 2010 – no room for complacency
Although there has been just a single conviction under the Bribery Act – an English court clerk was successfully prosecuted under the Act for accepting bribes - since it came into effect on 1 July last year, there is no room for complacency. I feel it is just a matter of time until more prosecutions, including corporate prosecutions, and civil settlement agreements begin to em…
Scotland has the competitive edge in water supply
While water resource management can, ironically, be one of the driest of topics in mixed company, the future supply of fresh water is becoming an increasingly critical global issue. This week experts from around the globe are converging on Dundee for an international conference, discussing security and sustainability issues around water. While the UNESCO event being staged by …
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