Publication
Keeping your dawn raid guidance current
Unannounced inspections or ‘dawn raids’ are used by antitrust authorities to obtain evidence when there are suspicions that individuals or businesses have infringed the antitrust rules.
United Kingdom | Publication | February 2023
On February 7, 2023, the Industry and Regulators Committee of the House of Lords published a letter to Ministers regarding the use of liability-driven investment strategies by DB pension schemes.
Following market turbulence in September 2022, the Work and Pensions Committee is conducting an inquiry into the lessons to be learned. In advance of minsters appearing before the inquiry, the IRC makes a number of recommendations for long-term steps the Government should take. Recommendations include:
Comment
The letter requests a response from Ministers by March 7, 2023. These recommendations, if followed, could result in seismic market and accountancy changes.
Publication
Unannounced inspections or ‘dawn raids’ are used by antitrust authorities to obtain evidence when there are suspicions that individuals or businesses have infringed the antitrust rules.
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