RESPONDEAT SUPERIOR
A legal concept in which a company and the management are held responsible for the actions of employees. The term is a Latin for "let the superior respond," and it prevents employers from profiting from the illegal acts of their employees while avoiding legal repercussions themselves. For respondeat superior to apply to a legal case, an employee of the company must have committed the crime for the benefit of the company, not for his or her own benefit.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |


