Description

Refusing to co-operate with Investigators leads to what?
Investigators of a Dawn Raid are not obliged to wait for whom?
In the event of a Dawn Raid, what should staff request to see in the first instance?
On 1 April 2014, the OFT was replaced by which body?
Other than the Operational Guidelines, where would one find information about SHG’s REMIT policies? Remit Compliance
How would a supplier of natural gas, a purchaser of LNG in the wholesale energy market in the EU and a shipper in the South Hook LNG Terminal be classified for the purposes of REMIT. Market
Name one of the 4 qualities which information needs to have to be deemed “inside information” for the purposes of REMIT?
Name one of the 4 qualities which information needs to have to be deemed “inside information” for the purposes of REMIT?
Which authority has powers under the Competition Act 1998 to apply and enforce UK and EU competition law in the gas and electricity market and the power to investigate failures to comply with REMIT?
Other than the General Counsel, who should initial each page of an executed document to verify that the contract terms are aligned with the agreed terms?
If a contract requires Board approval before it is executed, what process must be completed before the contract can be put into execution form?
What framework document provides financial limitations on the authority of the GM to execute contracts on behalf of the Company? TOFA
Which policy sets out permitted financial authorities of the Management team?
Any individual signing a contract must have what? Signing
Employees who execute contracts exceeding their authority may be subject to what action?
What must an employee make if a member of his immediate family is employed by a competitor of SHG?
Who has to grant specific approval for a value in excess of £50? Department
Where can SHG's Tier 1 Policies and Procedures (including REMIT related Policies) be located?
What agreement governs the specific rights and powers of shareholders, directors and the GM?
To whom is the GM accountable?
What form needs to be completed prior to SHG executing any confidentiality agreement with a new customer?
In addition to protecting competitively sensitive information, what other information should SHG protect and keep in order to comply with its contractual obligations to each of its counterparties?
What could be put at risk if the Information Flow procedure is breached?
What type of UK and EC laws could be breached by illegal exchange of information?
Other than damages for breach of contract or fines for infringement of legal prohibitions, what kind of loss could SHG sustain as a result of a breach of firewall restrictions?
On what basis should SHG deal with “SHG Affiliates” in order to comply with the Information Flows Procedure?
Failure to comply with competition law can lead to what sanction?
Which Policy and Procedure must be read in conjunction with the Competition Policy? Customer Take
Name the first prohibition which the UK and EC Competition law is based around? Anti-competitive
Name one of the principal infringements by competitors which could represent anti-competitive cartel activities? Fixing
An allocation of territory or customer group or product group between competitors could be deemed to represent which infringement of competition law? Market
Who should you inform if you are approached by a competitor which you feel may infringe competition law or the SHG Competition Policy? General
Who is responsible for endorsing the Policy and is responsible for SHG compliance?

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