Publication
International Restructuring Newswire
Welcome to the Q4 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
United Kingdom | Publication | October 2024
Steps are being taken to raise the bar on Master Trust activities in the absence of legislative requirements.
Master Trust trustees are aware that there are already stringent regulations in place for Master Trust trustees to deliver national economic growth, and undertake effective investment stewardship to drive real-world change. There is now additional encouragement on voluntary adherence to all the principles of the Effective System of Governance (ESOG) processes. The ESOG principles of compliance are as follows:
While there is no obligation for Master Trust trustees to comply with ESOG, it is suggested that compliance with it could result in better governance, and could maintain savers’ confidence in the trust.
Publication
Welcome to the Q4 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
Publication
Corporations are considered separate legal persons distinct from the people that run them. But, they do not have their own minds or willpower. This raises a question when statutory or common law tests require a finding as to the intent of the corporation.
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