The Covid-19 pandemic has brought about many changes to the business environment, and in many ways exacerbated the existing risks that businesses have been facing before Covid-19 struck.
Regulatory and political risks have intensified as governments seek to protect domestic companies and labour while “supply chain nationalism” looms in many key sectors. Bankruptcies are ballooning, often with a significant fraud component – uncovered or in some cases driven by severe economic contractions or brought about by government mandated business closures. Contract and counter-party risks have been exposed, driving more disputes and the need for legal counsels to be “litigation ready”. Cyber risks have escalated with “work-from-home rules”, and a resurgent focus on ESG issues drives a renewed emphasis on good governance, and compliance and reputational risks.
Join Dane Chamorro, Partner at Control Risks, and Andrew Macintosh, Partner and APAC Head of Forensics & Technology Solutions at Control Risks, as they discuss some of the recent and ongoing developments, set against the risk and opportunity backdrop businesses in Asia are operating in today. They will also share case studies of how legal counsels can manage these risks in their organisations.