As 2016 winds down, companies need to take a step back and reflect on the major events that have shaped 2016 and will potentially affect their companies for years to come. (more…)
There is no doubt that privacy laws in Asia have become very important to businesses operating in the Asia Pacific region. Here is a brief summary of the privacy laws of several jurisdictions in Asia:
1. Australia- Australia’s privacy law was first enacted in 1988. It has been modified twice since then, most recently in 2012. (more…)
Considering recent political and economic events, many companies are reviewing old risk management policies and procedures, in case updates are needed. However, some of the risk management processes that should be reviewed are not being considered as they have been viewed as too expensive or impractical. (more…)
Anti-bribery laws have become center stage in the last few years. Not only has the DOJ expanded the enforcement of the FCPA outside of the US, but other countries, such as the UK and Korea have implemented anti-bribery laws too. In Korea, the Kim Young Ran Act not only implements an anti-bribery law that is quite drastic, but it may now be enforced against teachers, quasi-public officials as well as companies whose employees have violated the Act. (more…)
Personnel risks faced by companies are growing on a regular basis. Mistakes made in the workplace or risks stemming from the workplace can damage the company’s reputation/brand and cost the company a lot of money. As many companies face an increasing number of employment and/or personnel related claims, clear personnel processes are vital. (more…)
Making wrong decisions in the workplace can damage the company’s reputation/brand and cost the company a lot of money. It is a major part of risk and needs to be dealt with seriously. As many companies face an increasing number of employment related claims, clear employment processes are vital. (more…)