Sector Deal meaning

ARCHIVED This Checklist is archived and is no longer maintained. Brexit From exit day (11 pm on 31 January 2020), the UK ceased to be an EU Member State. Under the Withdrawal Agreement, an implementation period applies during which EU law continues to govern the UK, which affects this Checklist. For further guidance, refer to Brexit Bulletin—key updates, research tips and resources—and the Brexit collection. On 3 February 2020, the UK and EU outlined their initial negotiating positions for the post‑Brexit UK‑EU relationship. Although the Political Declaration, appended to the Withdrawal Agreement, describes the framework for the future relationship, it is not legally binding, so either party may choose to move away from parts or all of it. If talks on a trade agreement between the UK and the EU do not succeed (a no trade deal Brexit), trade between the UK and the EU would default to World Trade Organisation (WTO) terms. This Checklist identifies key points a UK business should consider when providing services (including...

The employee (and their adviser) should consider the following issues: Preparatory steps Gather: a copy of the employee’s most recent employment contract and any other documents setting out contractual terms (these might be found in a staff handbook) a P45 or the latest payslip details of the contractual benefits the employee receives relevant information about the employee’s pension benefits relevant details of any shares or share options held by the employee. Review the Articles of Association, any applicable shareholder agreement and share scheme documents. See also Shares and share options below copies of pertinent open correspondence and without prejudice communications between employer and employee Define the scope of the advice and reflect this in the client care letter/terms of business, i.e.: is the advice limited to the terms and effect of the settlement agreement (to satisfy the relevant condition regulating settlement agreements)? is...

In this issue: Investigating criminal conduct Decision to prosecute and alternatives to prosecution Sentencing Bribery, corruption, sanctions and export controls Cybercrime and data protection offences Environmental offences Financial services and pensions offences Food safety and hygiene offences Fraud, forgery, tax and theft offences Health and safety and corporate manslaughter offences Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information Investigating criminal conduct Whistleblowing in the UK—Still a long road ahead Rahman Ravelli’s legal director, Dr Angelika Hellweger, together with associate, Tatiana Novikova, examine how the UK handles whistleblowing. They map out the present UK statutory position and other relevant mechanisms, assess the scope of the safeguards they afford, and set these against the options open to whistleblowers in the United States of America. They also describe the HM Revenue and Customs (HMRC) whistleblower reward initiative announced near the end of 2025,...

CCPC outlines competition concerns in preliminary assessment of Circle K/Pelco deal. The Competition and Consumer Protection Commission (CCPC) has issued a preliminary assessment to the parties involved in the planned purchase of Pelco Holdings Ltd by Ard Services Ltd, a subsidiary of Circle K Ireland Holding Ltd (M/24/042). The assessment outlines the CCPC’s preliminary concerns regarding how the proposed acquisition might reduce competition in the retail motor fuel sector overall. As this is only a preliminary assessment, and not a final decision, the parties may now also formally reply in writing, deliver oral submissions, and further get...

In this issue: Sustainable finance and ESG weekly round-up Moveable Transactions (Scotland) Act 2023 Football Governance Bill LIBOR and benchmarks Sustainable finance Debt capital markets Derivatives Regulation for derivatives lawyers Technology in banking & finance transactions Structured products and securitisation Regulation for banking lawyers Banking & Finance Highlights 2024/2025 Daily and weekly news alerts New and updated content Useful information Sustainable finance and ESG weekly round-up For this week’s coverage of Sustainable finance and ESG developments, please see: Sustainable finance and ESG weekly round–up—19 December 2024. Moveable Transactions (Scotland) Act 2023 Moveable Transactions (Scotland) Act 2023 (Commencement) Regulations 2024 SSI 2024/378: From 1 April 2025, the outstanding provisions of the Moveable Transactions (Scotland) Act 2023 (the Act) will come into effect. See: LNB News 17/12/2024 9. Moveable Transactions (Forms) (Scotland) Regulations 2024 SSI 2024/379: These prescribe the forms to be used for the purposes set out...

NOTE—to check whether notification thresholds in Vietnam and worldwide are triggered, please consult: Where to Notify. 1. Have there been any recent developments regarding the Vietnamese merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Vietnam? In 2020, Vietnam promulgated Decree 35 on Detailed Regulations for Implementation of the Law on Competition dated 24 March 2020 (Decree 35), which became effective on 15 May 2020. This marked a pivotal step in putting into operation the competition framework envisaged under the Law on Competition dated 12 June 2018 (Competition Law). The body designated under the Competition Law, the Vietnam Competition Committee (VCC), was established on 1 April 2023 and from that date assumed responsibility for the merger control regime. Decree 35 introduced the following clarifications to merger control: Notification thresholds, under which a transaction must be notified where: the total assets or turnover in Vietnam of...

This year’s annual round-up surveys key developments from 2017 and sets out what is on the horizon for 2018. It covers: the decision to relocate the European Medicines Agency the delay to implementing the new Clinical Trials Regulation preparations for the new Medical Devices Regulations the Life Sciences Sector Deal the forthcoming application of the General Data Protection Regulation the introduction of the Accelerated Access Pathway It also includes updates on Lexis®+ UK’s content, highlighting notable developments from the past year and what is coming in the next 12 months. Reviewing 2017 Brexit What happened? On 20 November 2017, Amsterdam was selected as the new home of the European Medicines Agency (EMA) following Brexit. What are the practical implications? The move of the European medicines regulator from London to Amsterdam has several practical implications. To begin with, EMA operations will be affected as staff are reassigned to prepare for the relocation, and as...

NOTE—to see whether notification thresholds in the Netherlands and across the globe are met, see further: Where to Notify 1. Have there been any recent developments regarding the Dutch merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues with the ACM? Media Following the Authority for Consumers and Market’s (ACM) prohibition of RTL’s proposed purchase of Talpa (two players in the Dutch television media market) on 30 January 2023, DPG Media announced plans to acquire RTL and filed the deal with the ACM. On 17 May 2024, the ACM concluded that the transaction merited deeper scrutiny and therefore referred the matter to the second (‘licence’) phase. On 18 July 2024, the parties submitted their application for the requisite licence. On 27 June 2025, the ACM issued conditional clearance for the merger in its DPG/RTL decision, imposing stringent behavioural commitments. Notably, the ACM factored media plurality into its competition analysis—an innovative development in Dutch merger control practice...

2 Access to Local Government Pension Scheme The parties agree that, in accordance with the Best Value Direction [ and any revised Fair Deal Guidance that may apply ], Relevant Employees shall be permitted to remain members of the LGPS (or, in narrowly defined situations, a Broadly Comparable Pension Scheme) for as long as they continue to be [ wholly or mainly ] engaged in delivering the Services. Relevant Employees may enforce the provisions of this Schedule to the extent that such provisions are reflected within the Best Value Direction. ...

These training resources comprise template PowerPoint slides that can be used as the core basis for one or more seminars covering mergers and acquisitions (M&As) within the life sciences industry. It is expected that trainers will adopt these slides as a useful foundation for their talks, then tailor the content as needed to suit their specific contexts. The training materials can be customised. Please follow the link directly below to obtain the presentation...

1 Interpretation 1.1 In this Schedule, the definitions and interpretative rules below shall apply: Broadly Comparable Pension Scheme – a pension arrangement officially certified by the Government Actuary’s Department as broadly comparable with the relevant Public Sector Pension Scheme Customer’s Scheme – the Public Sector Pension Scheme presently operated by the Customer for the Relevant Employees Fair Deal Guidance – HM Treasury Fair Deal for staff pensions—staff transfer from central government (October 2013) Onward Transfer Date – the date on which Onward Transferring Employees of the Supplier transfer under TUPE 2006 upon expiry (or earlier termination) of this [ Outsourcing Contract ] Onward Transferring Employees – employees of the Supplier who, at expiry (or earlier termination) of the [ Outsourcing Contract ], automatically transfer under TUPE 2006 to the Customer or another employer for provision of the Services Public Sector Pension Scheme – the [ Principal Civil Service Pension Scheme (Classic, Classic Plus, Premium or Nuvos, as relevant)/National Health Service Pension...