1. Stronachs T : 01224 845845 E : info@stronachs.com W : www.stronachs.com 9 th May 2013 Global Responsibilities: A brief introduction to the legal framework James Downie, Stronachs LLP

2. Stronachs T : 01224 845845 E : info@stronachs.com W : www.stronachs.com 9 th May 2013 Introduction Global responsibilities - a huge area Will approach as the responsibilities we have overseas by virtue of UK law or law of overseas jurisdiction Won’t consider “moral” issues - just obligations Will use examples Bribery Act - UK Act with worldwide reach Overseas law holding UK Company responsible - the importance of law of the jurisdiction

3. Stronachs T : 01224 845845 E : info@stronachs.com W : www.stronachs.com 9 th May 2013 Example 1 UK Legislation with overseas reach Many businesses have codes of conduct Ethical Behaviour Heath, Safety, Environment Anti-corruption International trend towards greater transparency and accountability Bribery Act 2010 Four Key Offences 1.Bribing (Section 1) 2.Requesting a bribe (Section 2) 3.Bribing a foreign public official (Section 6) [Corporate criminal liability - a problem] 4.Failure to prevent bribery (Section 7)

4. Stronachs T : 01224 845845 E : info@stronachs.com W : www.stronachs.com 9 th May 2013 Territorial reach & penalties UK company, British citizen, UK resident Corporate offence – which companies are covered? The penalties Bribery Act has been criticised - too onerous/wider reaching than other countries?

5. Stronachs T : 01224 845845 E : info@stronachs.com W : www.stronachs.com 9 th May 2013 Example 2 The Effects of Overseas Law Holding a parent liable/indirectly liable for group companies Separate legal personality Chandler v Cape plc - where a parent has a duty to 3 rd parties Implications of Chandler v Cape - worldwide/areas outwith employment? Akpan v Royal Dutch Shell Maybe you can’t ring -fence overseas operations - the importance of the law of the overseas jurisdiction

6. Stronachs T : 01224 845845 E : info@stronachs.com W : www.stronachs.com 9 th May 2013 Questions & discussion