Legal expenses insurance and right to choose a lawyer

The case was helpful in confirming that the insured’s right to provide external legal assistance is not limited to when the insurer takes the view that external legal advice should be sought altough, it does not clarify whether the insured’s right to choose a lawyer would arise before or after court proceedings have been raised.

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Audit committee guidance

Earlier in 2013, the Institute of Chartered Secretaries and Administrators (ICSA) announced that it had published revised guidance on the terms of reference for audit, nomination, remuneration, risk and executive committees, together with updated guidance on ‘matters reserved for the Board’.  As part of the guidance, it appears that ICSA have updated their ‘model terms of reference’ and ‘list of matters reserved for the Board'.

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Issue 55

Key points: Audit Committee guidance; Report from Whistleblowing Commission; Recovery of recruitment fees and penalty clauses; Legal expenses insurance and right to choose lawyer; FAQ: Bribery Act 2010: Is there any guidance on ‘adequate procedures’?

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