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About Risk & Compliance

Lexis+ Risk & Compliance is an online practical guidance product for in-house legal and compliance teams dealing with the ever-increasing and ever-shifting burden of risk and compliance.

Risk management guides

Each guide identifies five key priorities for the area of risk, and gives a heads-up on why each is a priority area. The priority is explained in further detail, with a series of mini-checklists and action points.

Competition & antitrust law compliance

Having a clear understanding of the nature of competition law compliance and the associated risks/challenges for businesses is the first step to setting effective compliance arrangements. We help organisations with this.

GDPR compliance

Practical guidance tools, registers, training aids and other templates to help you comply with data protection law and manage privacy risks

Regulation

Helping in-house counsel, privacy and compliance professionals manage the regulatory burden. GDPR, BA, MLR and plenty more, we've got it covered.

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Associated legal terms

Adjudication for debt

A process which gives creditors a right or security over heritable property owned by the debtor, either alone or following inhibition. The creditor must first have a decree or other relevant document of debt

Matching right

In the context of an irrevocable undertaking, a shareholder, especially an institutional shareholder, will usually expect to be released if a competing offer is made at any higher price (a soft undertaking) or, more usually in practice, at a price/value which equals or exceeds a specified price or percentage of the original offer price (a semi-hard undertaking). Increasingly in the case of a soft or semi-hard irrevocable, an offeror will request the opportunity to revise the terms of the offer so that it is at least as favourable (a matching right), as the value of the competing offer, in which case the undertaking will not lapse. Matching rights may also refer to an arrangement whereby an offeree grants the potential offeror the right, within an agreed timescale, to equal or better any competing bid that might be announced during the offer period and undertakes to recommend that revised offer (subject to certain limited exceptions). These types of matching rights are likely to be caught by the general prohibition on offer-related arrangements under Rule 21.2. For further information see PCP 2011/1, para 3.6 and PCP 2010/2, para 9.19.

Nominal

(1) This often means ‘before allowing for inflation’. If inflation is positive the nominal return on an asset is greater than its real return; (2) For a bond, see principal.
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