The important role that UK business has to play in wider society is being reflected in their updated corporate governance arrangements, explain Paul Ellerman, Caroline Rae, Gareth Sykes and Ben Ward of Herbert Smith Freehills In most major jurisdictions there has been a considerable increase in focus on corporate governance issues in recent years. In …
As the level of sophistication of economic crime has evolved and increased, there has been a growing need to streamline the mechanisms for confiscating its benefits, thus eliminating its economic incentive and inculcating the idea that ‘crime does not pay’. The law went beyond a strict definition of white-collar crime and entered what is seen …
Continue reading “New Portuguese powers to seize criminal spoils – a dangerous game”
Rachel Gonzalez, general counsel, Starbucks Starbucks has a fundamental business tenet that we are creating a welcoming place for all people, and that means inclusion and diversity is critical to our success. We provide inclusion training and tools to managers to ensure we are preparing all leaders to foster a diverse culture based on merit.
In its 40th anniversary in London, Milbank London co-heads Suhrud Mehta and Julian Stait talk about the dramatic development of the Wall Street leader’s City business The office has made a series of bold lateral hires in the last three years. What is behind this? Suhrud Mehta (SM), co-London managing partner, Milbank: At one level …
Continue reading “The Milbank interview – Taking the plunge”
Recent years have seen an unprecedented focus on audit and auditors in the UK. This has been driven, at least in part, by a number of high-profile corporate failures as well as the perceived widening of the ‘audit expectations gap’, the difference between what users expect from an audit and the reality of what an …
Continue reading “Reforms to the audit market – major changes ahead”
In association with pwc. Alex Novarese, The In-House Lawyer: How well do employment lawyers and the legal teams inside in house operations generally work with the HR department?
Leading specialists from Greenberg Traurig answer questions on the state of the market and key financial crime developments in the mergers and acquisitions space Paul, what is the state of the US/UK M&A market and what are your predictions for 2020? 2019 has continued to throw up challenges for the cross-border M&A market, from the …
In the last five years, some Brazilian companies became well known internationally due to their involvement in some of the world’s largest corruption schemes. As contradictory as it may seem, some of the companies involved in these scandals were highly regarded for their compliance rules and/or were listed in the Novo Mercado segment (which means …
Continue reading “Corporate governance and compliance: two sides of the same coin”
Two ear-piercing siren blasts ring out across the Canary Wharf HQ of fintech unicorn Revolut. ‘May I have your attention please! Fire has been reported in the building! Please listen for further instructions.’
In the third of their series of articles on corporate reorganisations, Robin Johnson, Christian Mense and Nicola Evans of Eversheds Sutherland consider what to do once an agreement is signed When a company buys a business or group of companies, a lot of work, time and cost goes into due diligence of the target. Due …