Category: Features

When the global financial crisis struck in 2008, the impact reverberated far beyond the traditional financial centres of the west. Initial speculation was that Asia would be relatively well insulated from the crisis due to the growing financial independence of the region. But instead, the effects hit at a speed and depth that surpassed all expectations. Under fire, financial institutions sought to reduce their exposure to the region, resulting in a steep decline in the value of currency and equity markets, at a time when the price and volume of exports was plummeting.

Continue reading “Banking on change”

While the concept of social responsibility and ethical behaviour by business has been a component of the corporate playbook in North America and Europe for more than a decade, Asia has somewhat lagged behind in the sustainability stakes. With troubling corruption levels, poor reporting standards and significant environmental risks a prominent feature of many countries in the region, the lofty standards now frequently expected by consumers were historically falling well short of the mark.

Continue reading “A social conscience – sustainability and Asia”

GC: What has been the most significant use of technology that you have adopted in performing your legal function?

Ted Lazarus: Without question, the ability to work collaboratively on documents, presentations and spreadsheets using cloud-based Google applications has transformed the way we do our jobs. Teams of lawyers exchanging ideas in real time, both with each other and with other functions, ensures that all points of view are heard and maximises efficiency.

Continue reading “New tech frontiers and the in-house counsel”

Lego, world famous makers of toy building bricks, declares that its mission is to ‘inspire and develop the builders of tomorrow’. It had this ethos front of mind when it began unveiling a state-of-the-art design concept for some of its major global offices.

Continue reading “The building blocks of working differently”

It’s a common refrain: law firms are not giving in-house teams what they want, in the way that they want it.

Amid the disruption of alternative providers and increasing automation of services, law firms should be listening closely to their clients. But, according to a recent report published by LexisNexis in collaboration with Judge Business School at the University of Cambridge, many are not.

Continue reading “Connection – it goes both ways”

Imagine the worst: within the last 72 hours, your company has been hit by a major crisis. Firstly, and most importantly, there may have been serious damage to the community in which you operate.

Continue reading “Beware the black swan”

Innovation has become a much-used (some might say abused) term. It’s certainly a familiar buzzword in the legal world.

Continue reading “Innovation – knowing the right question to ask”

The GC Powerlist is a publication designed to highlight the most influential and innovative general counsel in a given market, involving a three-month process of nominations, background research and interviews. Each individual has made a demonstrable impact to their team, company or industry through innovative approaches to their everyday work.

Continue reading “GC Powerlist: Southeast Asia”

GC magazine editor Alex Speirs moderated the first panel discussion of the day, entitled ‘Recalibrating the global trade compass’.

Continue reading “ASEAN Horizon Summit 2017”

Corporations today are facing far greater regulatory scrutiny than ever before. Companies are grappling with stricter enforcement around corruption, cybersecurity, fraud, money laundering and data protection, to name but a few. Those operating in sectors such as banking, financial services, insurance, energy, pharmaceuticals and information technology are finding themselves increasingly under the spotlight, where penalties for non-compliance can be substantial.

Continue reading “The changing face of compliance”