Could private equity funds be liable for human rights breaches by a portfolio company? A recent decision by the UK Supreme Court increases the likelihood of this outcome. This blog looks at the judgment in Vedanta Resources...more
5/16/2019
/ Corporate Liability ,
Due Diligence ,
Duty of Care ,
Environmental Claims ,
Human Rights ,
Mining ,
Parent Corporation ,
Popular ,
Portfolio Companies ,
Private Equity Funds ,
Risk Management ,
Subsidiaries ,
UK ,
UK Supreme Court ,
Zambia
The UK Government has been consulting on a new regime which will grant it wide powers to intervene in deals on grounds of national security. The consultation period in relation to the Government's proposals has recently...more
A number of very significant changes are being made to the UK anti-money laundering regime.
Of particular interest to the private equity industry will be the proposed new criminal offence of failure to prevent the...more
1/30/2017
/ AML/CFT ,
Banking Sector ,
Money Laundering ,
National Crime Agency (NCA) ,
Private Equity ,
Proceeds of Crime Act 2002 (POCA) ,
Risk Assessment ,
Suspicious Activity Reports (SARs) ,
Tax Evasion ,
UK ,
UK Bribery Act