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In the first contested prosecution under section 7 of the UK's Bribery Act 2010 (the "Act"), a Londonbased interiors company has been found guilty of the 'corporate offence' of failing to prevent bribery.
On 10 January 2018, the Government published its plan to improve the environment over a 25 year period. It discusses a wide range of ideas, including planting one million urban trees, regulating farms and fisheries after the UK leaves the EU, and establishing a new national forest.
Businesses need to progress their approaches to, and governance of, human rights. In particular, organisations should track current developments relating to corporate transparency and benchmarking initiatives.
The Department for Business, Energy and Industrial Strategy (DBEIS) published guidance for landlords of non-domestic private rented property on the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (the Regulations) on 23 February 2017 (the Guidance).
On 20 February 2017, Travers Smith organised a debate on the future of UK energy, focussing on the likely balance between traditional and renewable energy sources along with related direct and indirect environmental, social and geo-political consequences.
After April 2017, all large UK companies will be required to report on their payment practices and performance. This new requirement is one of a number of ways in which the government is trying to tackle the problem of late payment for small and medium enterprises.
Potentially significant increases to fines are expected, as Courts are told to impose sentences that have a “real economic impact” on offenders.
Under new rules, which have just come into force, large organisations operating within the United Kingdom will now need to make a public statement outlining how they keep their supply chains free from slavery and human trafficking.
As first reported in our legal briefing 'Mandatory Carbon Reporting' of July 2012, there is an increasing trend by legislators at both UK and EU level towards compulsory corporate reporting and disclosure on Environmental, Social and Governance (ESG) matters.
On 1 June 2007, after years of hard fought political lobbying, the EU's Regulation on the Registration, Evaluation and Authorisation and Restriction of Chemicals (REACH) finally came into force. Viewed by many as the most complex piece of EU legislation to date, REACH changes how chemicals will be made, imported and used within the EU.
The UK Bribery Act will have a significant impact on many foreign companies when it comes into force in July 2011 because of its extra-territorial reach. A foreign company which carries on any "part of a business" in the UK could be prosecuted under the Bribery Act for failing to prevent bribery committed by any of its employees, agents or other representatives, even if the bribery takes place outside the UK and involves non-UK persons.
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