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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.
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 provision of heating from combined heat and power ("CHP") plants through a network of underground and internal heating pipelines has become a fairly common aspect of the utilities infrastructure in modern residential and mixed-use development schemes. They are also an increasingly popular investment asset class in their own right, attracting a diverse range of investors into the infrastructure sector.
Battery storage is the way ahead for renewable energy. However, there are various practical, legal and technological hurdles to overcome before this solution can be fully implemented.
According to a tweet from the National Grid, Friday 21 April 2017 was a landmark day because, for the first time in more than 130 years, Britain functioned as normal without turning on its coal-fired power stations. The country's daily electricity came from a combination of gas power plants (47%), nuclear plants (18%), wind farms (18%), solar panels (10%) and biomass (6%). Renewable power is an increasingly important part of our energy infrastructure.
The new Code is appended to the Digital Economy Act 2017, which received Royal Assent on 27 April this year. Although the new Code is largely based on the old version, landowners and operators of digital services alike need to be aware of some key differences.
Travers Smith LLP’s Operational Risk and Environment team is delighted to be hosting this year’s International Environmental Lawyers Network Conference on 9 June.
Welcome to the latest edition of our Anti-Bribery Newsletter, our regular review of developments in the UK's fight against bribery and corruption. The Bribery Act 2010 has been in force for over 5 years and the UK's Serious Fraud Office is now beginning to see the results of some of its long-running bribery cases.
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.
Travers Smith LLP has acted for Ancala Midstream Acquisitions Limited (“Ancala”), which has entered into an agreement with Apache Beryl I Limited (“Apache”) to acquire Apache’s 30.28 per cent interest in the Scottish Area Gas Evacuation system (“SAGE”) and its 60.56 per cent interest in the Beryl pipeline – both of which are located in the North Sea.
In Autumn 2015, the Government carried out a consultation into business energy efficiency taxes. As a result, it announced in March 2016 that it will abolish the CRC from the end of the 2018-19 compliance year and increase the main rate of climate change levy from 1 April 2019.
Travers Smith LLP has advised the Pensions Infrastructure Platform on the successful first closing of PiP Multi-Strategy Infrastructure LP (the "Fund") with commitments from a number of UK pension funds.
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.
The European Court has issued landmark judgment on substances in products.