From full-blown crisis situations to evaluating the compliance
framework, today's experts can advise on the right reflexes to
adopt when working with the authorities to ensure good process
management.
What kind of shift are we seeing on the market?
Véronique Hoffeld: There is a focus on
corporate governance and AML (Anti-Money Laundering). When it comes
to crisis management, regulated actors want to know how to deal
with the authorities, potential fines or liabilities. The
non-regulated sector is concerned with financial issues or
difficult shareholders.
Anne-Marie Nicolas: We are shifting towards
crisis mode and giving more strategic legal advice about
debt-restructurings, bankruptcy and handling shareholders or
investors, including bondholders. Over the past 2-3 years,
Luxembourg directors have become increasingly aware of the risks,
their potential liability and how to mitigate exposure to risk. In
crisis management, personal liability means that they have
