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.
Innovation – knowing the right question to ask
Innovation has become a much-used (some might say abused) term. It’s certainly a familiar buzzword in the legal world.
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GC Powerlist: Southeast Asia
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.
ASEAN Horizon Summit 2017
GC magazine editor Alex Speirs moderated the first panel discussion of the day, entitled ‘Recalibrating the global trade compass’.
The changing face of compliance
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.
Foreword: Todd McClay
Asia Pacific is a very important part of the world and one whose significance continues to grow. These are a group of countries with large populations who are starting to grow very, very quickly. Individually, their economies are developing, while their engagement with the global economy is changing. Increasingly, they’re seeking external investment, while demand from consumers for goods and services continues to grow.
Respect for the law: the Bingham Centre Business Network
‘The clearest way to show what the
rule of law means to us in everyday
life is to recall what has happened
when there is no rule of law.’
So said Dwight D. Eisenhower. But for global businesses, often headquartered in countries that have long enjoyed the benefits of a robust judiciary, the connection between rule of law and profitability might not always be so obvious.
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Dinner with GC – Singapore
‘I find it strange that whether or not we use technology is still such a common question asked of general counsel, because I can’t understand how any legal team can work without it,’ remarked Jenni Aldrich, director of legal – APAC, at Google.
Recalibrating the global trade compass
For the past three decades, Asia Pacific has been the engine of growth for the global economy. In the wake of the East Asian financial crisis in the late 1990s, a gradual opening of economies and markets, most notably from China, has led to a boom – establishing new pillars of global economic strength alongside traditional mature economies in the region.
Banking on change
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.