Data Protection Act 2018 and UK GDPR: Legal framework for handling personal and confidential information during due diligence, ensuring compliance with data protection principles and secure data processing
Companies Act 2006: Primary legislation governing company operations in the UK, relevant for reviewing corporate documents and company information during due diligence
Common Law Contract Principles: Fundamental principles of contract law under English common law, essential for structuring the engagement letter and defining contractual obligations
Financial Services and Markets Act 2000: Regulatory framework for financial services in the UK, applicable when the due diligence involves financial services matters
SRA Standards and Regulations: Professional regulations governing solicitors and law firms, ensuring compliance with legal service standards in due diligence
ICAEW/FRC Regulations: Professional standards for accountants and financial reporting, relevant when due diligence involves financial audits or accounting matters
Money Laundering Regulations 2017: Anti-money laundering requirements including client due diligence and risk assessment procedures
Proceeds of Crime Act 2002: Legislation dealing with money laundering and proceeds of crime, requiring specific due diligence measures and reporting obligations
Terrorism Act 2000: Legislative framework for counter-terrorism measures, including requirements for due diligence in financial transactions
Limitation Act 1980: Statute defining time limits for legal actions, relevant for establishing liability periods in the engagement letter
Common Law Duty of Confidentiality: Legal principle requiring protection of confidential information obtained during due diligence process
Legal Professional Privilege: Legal principle protecting confidential communications between lawyers and clients during due diligence
Employment Rights Act 1996: Legislation protecting employee rights, relevant when due diligence involves review of employment matters
TUPE Regulations 2006: Regulations protecting employees' rights during business transfers, relevant for due diligence in business acquisitions
