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The British Olympic Association and LOCOG are taking the protection of sponsors very seriously. The latest development reported by the Telegraph is that the Team Members’ Agreement will prevent Team GB members from:
BOA/LOCOG are also to be given permission to make use of the ‘Athletes Attributes’ (including name, image, and performance at the games) for free.
Many elements of the agreement apply indefinitely. Though a consultation process has taken place, some athletes are apparently not so impressed.
The BOA stirred up controversy before the 2008 Olympics in Beijing for drafting an athletes’ agreement forbidding any criticism of China’s political system. Although the ensuing controversy in that matter forced the BOA into an embarrassing climb-down, the new agreement shows they will not shy away from protecting the commercial interests of the official sponsors for this year’s games.
The Chancellor’s latest Budget Report outlined that the Government will introduce a £100 million Economic Crime Levy, otherwise known as the AML Levy no earlier than April 2022 to fund action to tackle money laundering and ensure delivery of reforms in the Government’s Economic Crime Plan.
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To operate lawfully, firms that broker credit to consumers by way of business must be registered with and authorised and regulated by the Financial Conduct Authority (FCA).
Following an MP debate on 5 November 2019, the government is due to release long-awaited guidance as to how it intends to protect workers in the retail industry against violence, harassment and abuse.
Statistics released by Eaton indicate that 1 in 4 Universities have received complaints about fire safety issues or building evacuation procedures from students, staff or members of the public in the last 5 years.
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