Sentences with phrase «own voluntary code»

Germany has made tighter supervision of hedge funds a focus of its G - 8 and European Union presidency and has been agitating for a voluntary code of conduct in light of the rapid expansion of the funds, which carry high risks and are often exempt from regulation.

And besides, how much can really be accomplished by a voluntary code, absent any form of enforcement?

This is as part of a voluntary Code of Practice the European Commission now wants platforms t

The Health Star Rating scheme was initially signed off by Federal, State and Territory food and health ministers in June 2013 and was expected to be implemented under a voluntary code run by the grocery industry body the Australian Food and Grocery Council.

Retailers and the government were surprised by the NFF's decision but the remaining parties have agreed to continue negotiating a voluntary code.

The NFF's statement followed speculation last week that it had gone cold on a voluntary code, which would establish principles and guidelines to manage sensitive supply - chain issues and commercial disputes.

The National Farmers» Federation has pulled out of negotiations to create a voluntary code of conduct for supermarkets, saying it has lost faith that the process will deliver changes to protect primary producers and suppliers.

The government will then decide whether the provisions need to be strengthened or whether the voluntary code should become mandatory.

CCA chief Terry Davis declined to comment, but Coles» criticism of suppliers could inflame relations at a critical point in negotiations over a voluntary code of conduct.

Mr McLeod is demanding lower prices from suppliers as retailers finalise a voluntary code of conduct for dealing with manufacturers.

The two supermarket chains have spent six months negotiating a voluntary code of conduct with the grocery sector and hope to reach an agreement in the next few weeks, avoiding a mandatory code and the appointment of an industry ombudsman.

The push into private label and fresh food comes as the major retailers negotiate a voluntary code of conduct with grocery suppliers.

«We continue to negotiate in good faith and it's still our preference to land a voluntary code that is prescribed and therefore enforceable under the (Competition) Act,» Mr Dawson said.

The companies that had not signed up to the voluntary code were more likely to promote healthy food than those that were signatories.

DAIRY industry lobby groups are assessing if the move for processors to include incentives in opening milk price announcements is in contravention of the new voluntary code of conduct.

Late last week, after more than six months of negotiations, supplier representatives gave their final draft of a voluntary code intended to curtail alleged misuse of market power by the supermarkets, to the government and retailers for review.

The move could signal the prioritising of the issue within government in the lead up to the September 14 election, but is also evidence that the voluntary code of conduct is close to completion and may be approved by the Prime Minister's office in the near future.

«It is very important to emphasise that when the government receives a final version of the voluntary code, it will need to assess whether the code strikes the right balance,» Mr Bradbury said on Friday.

At a competition law conference in Sydney last Friday, Mr Bradbury reiterated earlier warnings that the government would look at alternative options to regulate the industry if the voluntary code was not strong enough.

If the Prime Minister, on advice from the Australian Competition and Consumer Commission, signs off on a voluntary code it will relieve industry and retailer fears about rumoured plans within government to impose a mandatory code on the sector.

Prime Minister Julia Gillard's office has taken responsibility for managing the final stages of negotiations on a voluntary code of conduct to regulate the $ 86 billion grocery industry.

NFF President Jock Laurie said his members want the government to scrap the voluntary code and impose its own.

But we also understand, from an NFF point of view, the importance of making sure that if there is continuation of development and if a voluntary code is going to be in place, then we need to have some involvement in that process if we can.»

In September, the parties, along with the National Farmers Federation (NFF) began talks to agree the voluntary code as a means of addressing growing concern about unconscionable conduct in the supermarkets, which are alleged to be misusing market power in the sector.

The competition regulator has vowed to push ahead with its twin investigations into the power of the supermarket chains over allegations of bullying suppliers and the misuse of petrol shopper dockets, despite the release on Monday of a draft voluntary code of conduct agreed to by the retailers and the nation's grocery and food suppliers.

Coles and Woolworths are still under ACCC investigation despite agreeing to a new voluntary code of conduct.

Australian Competition and Consumer Commission chairman Rod Sims told BusinessDay on Monday that he welcomed the voluntary code that governed the retailer - supplier relationship but that he would not be derailed from pursuing current investigations into the leading supermarket chains, Coles and Woolworths, and alleged anti-competitive behaviour and unconscionable conduct.

The Senate Economics Legislation Committee is examining whether the proposed voluntary code would be effective and will report by the end of the month.

We have a voluntary code that some parts of the industry wants to get up.

In 2010, Hungry Jack's admitted to breaching the voluntary code in advertising a meal for children that previously had been considered to have an unacceptable fat content.

Self - regulation of food advertising by the food industry is falling short of its potential due to coverage of the voluntary codes being limited to signatory companies and inadequate compliance and reporting levels.

«However, the voluntary Code is inconsistent with US law and policy, and was therefore not adopted in the US.

``... the voluntary Code is inconsistent with US law and policy, and was therefore not adopted in the US.

Talking about values is cheap, sticking out your political neck to try and construct these values in the actual world is expensive - saying no to corporations rather than finger - waving, creating strong laws rather than voluntary codes, recognising and defending unions as a legitimate defence of those with limited power and the strikes which go with it, being prepared to replace internal markets with internal democracies and so forth.

The voluntary code of conduct for lobbyists drawn up by the Association of Professional Political Consultants stipulates that firms must not employ any MP, MEP or sitting Peer.

Lord Moonie was fast - tracked by government appointments watchdog the advisory committee on business appointments to work with Sovereign Strategy, a Labour donating lobbying company which ignores a voluntary code of conduct not to pay or employ politicians.

The voluntary code of practise which was introduced in response is generally considered weak and ineffective, as voluntary codes of practise typically are.

Mr. Dromey pointed to recent comments from private equiteer Jon Moulton, who said on 10th November, «The most likely outcome is some voluntary code for larger companies to write something in their annual accounts that will be read by no one anyway.»

But the voluntary codes of practice have been breached by some operators to make quick, easy money.

Today I say that unless a voluntary code works, we will legislate for it.»

Yesterday the home secretary said she intended to enforce a mandatory code of conduct on the drinks industry - a decision that ends the 10 - year campaign by ministers to persuade the drinks industry to enforce a voluntary code on responsible promotion of alcohol sales.

Federal regulations do not require «responsibility» statements in alcohol advertising, and while the alcohol industry's voluntary codes for marketing and promotion emphasize responsibility, they provide no definition for «responsible drinking.»

Adopting the nothing - to - do - with - us approach that appears to be the hallmark of this government, the minister replied that the government hoped that hypnotherapists would introduce their own voluntary codes of training and conduct.

These are voluntary codes that universities and funders can follow.

The DfE also drew up a voluntary code of practice to keep pupils safe in out - of - school religious settings like madrasas and yeshivas, despite opposition from faith leaders.

Earlier plans for a voluntary code for madrassas were shelved by the Department for Education last year.

The recall has been initiated as per Toyota's customer first policy and is in accordance with SIAM's voluntary code on vehicle recall.

The UK Finance part of MCOB is a voluntary code, but lenders should follow it as good practice.

[6] The response left the Bills of Sale Acts intact and led to the introduction of a voluntary code of practice for logbook lenders.

With adherence to this voluntary Code of Conduct and Best Practices, the future divers of Nusa Lembongan / Nusa Penida can avoid the necessity for legislation and enforcements involving unwanted punitive fines.