• Research Briefing

    Debt Relief (Developing Countries) Bill: Committee Stage Report

    This is a report on the Committee Stage of the Bill. It complements Research Paper 10/17, prepared for the Commons Second Reading of the Bill. The Bill seeks to limit the amount that can be recovered by any commercial creditor of those countries designated as having unsustainable external debts. It would restrict the activities of so-called 'vulture funds', which buy developing countries' sovereign debt at discounted prices, then seek to recover its value in full through the courts. It would limit successful claims to an internationally agreed level and apply equally to all commercial creditors. At Committee Stage, a new 'sunset clause' was added. The proposed legislation would now expire after one year unless renewed for a further year or made permanent by order.

  • Research Briefing

    Bribery allegations and BAE Systems

    BAE Systems was accused of corruption, specifically making bribes, in regard to the Al Yamamah arms agreement with the Saudi Arabian Government. This was investigated by the Serious Fraud Office (SFO) following the leaking of a letter from the then Director of the SFO to the former Permanent Secretary at the Ministry of Defence. The SFO discontinued its inquiry in December 2006, citing the need to safeguard national and international security, a move which was supported by the then Prime Minister, Tony Blair. A legal challenge that the SFO's decision was unlawful was not successful. In addition to the allegations surrounding Al Yamamah, parallel SFO investigations were also conducted into a number of other BAE defence contracts in South Africa, Chile, the Czech Republic, Romania, Tanzania and Qatar. In February 2010, BAE Systems reached a settlement with the US Department of Justice (DoJ) to plead guilty of conspiring to make false statements to the US Government in connection with certain regulatory filings and undertakings, including the Al Yamamah agreement as well as contracts with the Hungarian and Czech governments. In March 2010, BAE Systems pleaded guilty to conspiring to defraud the United States by impairing and impeding its lawful functions, to make false statements about its Foreign Corrupt Practices Act compliance program, and to violate the Arms Export Control Act and International Traffic in Arms Regulations. It was given a $400 million fine and agreed to take measures in order to stay within US and foreign laws concerning corruption and the exports of arms. The company also agreed to retain an independent compliance monitor for three years to assess its compliance program and to make a series of reports to the company and the DoJ. This Standard Note is referred to in the Research Paper, The Bribery Bill (RP 10/19).

  • Research Briefing

    Debt Relief (Developing Countries) Bill [Bill 17 of 2009-10]

    The Bill seeks to limit the amount that can be recovered by any commercial creditor of those countries designated as having unsustainable external debts. The legislation would restrict the activities of so-called 'vulture funds', which buy developing countries' sovereign debt at discounted prices, then seek to recover its value in full through the courts. It would limit successful claims to an internationally agreed level and apply equally to all commercial creditors. It would cover the 40 countries in the IMF/World Bank Heavily Indebted Poor Countries (HIPC) initiative. Debts incurred after the Bill's entry into force would be excluded.

  • Research Briefing

    Strategic Defence Review Green Paper: Preliminary Observations

    The Government published its defence Green Paper on 3 February 2010. The observations and recommendations in that paper will now inform the work of a Strategic Defence Review which the Government has committed to undertaking shortly after the General Election. The Conservative Party and the Liberal Democrats have also stated that they will hold a defence review should they take office. This note sets out some of the background to the Green Paper, its main conclusions and some initial reactions within Parliament, the media and the wider defence community. This briefing will eventually form part of a larger Library Research Paper on the forthcoming Strategic Defence Review.

  • Research Briefing

    Cluster Munitions (Prohibitions) Bill (HL)

    The main purpose of the Bill is to create criminal offences in order to enforce the prohibitions set out in Article 1 of the Convention on Cluster Munitions. This bans the use, production, transfer, and stockpiling of cluster munitions on the grounds that they cause unacceptable harm to civilians, and establishes measures to minimise the harm to civilians in the aftermath of conflicts. Ninety-four states, including the UK, signed, and four states ratified the Convention on Cluster Munitions in Oslo on 3 December 2008. Once the Bill has passed into law, the UK will then move to ratify the Convention, which has been ratified by 30 states, and will come into force on 1 August 2010. The Government has announced that it intends to destroy all cluster munition stockpiles by the end of 2013. The Conservatives and Liberal Democrats have given their full support to the Bill.

  • Research Briefing

    Terrorist Asset Freezing (Temporary Provisions) Bill

    On 27 January 2010 the Supreme Court announced that it had upheld the appeal in the case of HM Treasury v Ahmed and Others, which concerned the UK's implementation of United Nations obligations to freeze the assets of terrorists by way of two Orders in Council made under section 1 of the United Nations Act 1946. The Court quashed the Terrorism (United Nations Measures) Order 2006 and provisions in the Al-Qaida and Taliban (United Nations Measures) Order 2006. The Government announced its intention to introduce primary legislation to re-instate the asset-freezing regime.

  • Research Briefing

    Anti-Slavery Day Bill

    This note provides an overview of the Anti-Slavery Day Bill, which would require the Secretary of State to designate a date for an annual "Anti-Slavery Day" to raise awareness of the dangers and consequences of modern-day slavery and human trafficking. The Bill is a Private Member's Bill introduced by Anthony Steen, founder of the All Party Parliamentary Group on Human Trafficking, who drew sixth place in the 2009-10 ballot for Private Members' Bills.

  • Research Briefing

    EU bibliographies: proposed equal treatment directive

    Under its 'Renewed Social Agenda' the European Commission adopted on 2 July 2008 a non-discrimination package including a proposal for a new directive on equal treatment prohibiting discrimination on grounds of age, disability, sexual orientation and religion or belief outside the employment sphere. This Note brings together documents relevant to the proposed "Equal Treatment Directive" and its scrutiny in the UK and EU.