Key items on the agenda for businesses this month include digesting the implications of the new Bills and proposals announced in the Queen’s Speech, reviewing a report on directors’ remuneration voting trends and continuing preparations for GDPR.
A new piece of French legislation came into force on 1st June, “The Law on Transparency, the fight against corruption and the modernisation of economic life” – also known as ‘Loi Sapin II’. With this new law comes lengthy obligations for those businesses with a presence in France.
Key developments in May included the European General Affairs Council’s authorisation of the opening of Article 50 negotiations and adoption of the first set of negotiating directives. The European Commission also published draft position papers on citizens’ rights and financial settlement, while the House of Commons Library released a briefing paper on options for the UK’s participation in EU agencies post-Brexit.
The key event this month is the general election on 8 June. In-house lawyers may also be interested in new research highlighting an increase in legal cases against FTSE100 companies and the expected publication of the Taylor review on modern employment practices.
The Conservative Party, Labour Party and Liberal Democrat Party have published their manifestos for the General Election on 8 June 2017. They contain several policy statements of interest to in-house lawyers.
On Friday 5th May, Transparency International UK (TI-UK) held its latest Business Integrity Forum meeting at Thomson Reuters in Canary Wharf with more than 50 participants (primarily in-house legal and compliance experts) from 30 companies. This event covered a number of relevant issues for in-house counsel and compliance officers.