All consumer products and services are subject to the risk of #representative #actions: ➡️ Significant representative actions might affect the entire portfolio of products or services and generate financial, reputational and organisational risks. ➡️ They might absorb large quantities of director time and divert attention from core operations. ➡️ Employee time may also be taken up, e.g. dealing with investigations. In the face of widespread publicity, representative actions could also have a negative impact on sales and consumer confidence. Our new Advising the Board report on CEE Directors' Risk, co-authored by Anna Cudna-Wagner (#CMSPoland), Horia Draghici (CMS Romania), Assen Georgiev (CMS Bulgaria), Tomáš Matějovskýý (CMS Czech Republic), Zsolt Okanyi (CMS Hungary) and Olga Shenk (CMS Ukraine (CMS Cameron McKenna Nabarro Olswang)), looks at the novelties and specifics of the Representative Actions Directive (RAD) from the perspectives of seven jurisdictions: Bulgaria, the Czech Republic, Hungary, Poland, Romania, Slovakia and Ukraine. Find out more: https://lnkd.in/ebtKHaGD #CMSlaw #CEE #classactions #RAD #representativeactions #risk #commercialrisk
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Significant representative actions may affect the entire portfolio of products or services and generate financial, reputational and organisational risks. They may also absorb large quantities of director time and divert attention from core operations. Employee time may also be taken up, for example, dealing with investigations. In the face of widespread publicity, representative actions may have a negative impact on sales and consumer confidence. Our new Advising the Board report on CEE Directors' Risk is looking at the novelties and specifics of the Representative Actions Directive (RAD) from the perspectives of the following countries: Bulgaria, the Czech Republic, Hungary, Poland, Romania, and Slovakia. Find out more in our Advising the Board on CEE Directors’ Risk here: https://lnkd.in/ebtKHaGD To access our other reports and our Advising the Board training programme, click here: https://lnkd.in/dUZPNYTu #CMSlaw #CEE #classactions #RAD #representativeactions #disputeresolution #litigation #boardofdirectors #risk #commercialrisk #regulatory
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In today's increasingly complex regulatory environment, achieving deal certainty in cross-border transactions presents significant challenges. Early engagement and proactively addressing potential issues are key to getting deals done. That's the takeaway from a session on 'Insider’s view on deal certainty' at our Asia In-House Counsel Forum 2024 as they examined how regulatory changes and political shifts impact dealmaking. Ninette Dodoo | Kenneth Juster | Hazel Yin | Colin Raftery | Alastair Chapman #AsiaInHouseCounselForum2024 #AsiaRedefined
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As businesses in Poland continue to adapt to an ever-evolving regulatory environment, understanding the latest complexities and opportunities is crucial for long-term success. Joanna Romanczuk, Market Head of Central Eastern Europe, recently joined Poland Weekly to discuss the latest regulatory developments impacting the Polish business landscape. In this episode, she shares insights from the Q3 2024 Polish TMF Group Barometer covering key updates in tax and administrative rules. Learn more: https://lnkd.in/dfSSj6gw #Poland #PolandWeekly #businessexpansion
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As businesses in Poland continue to adapt to an ever-evolving regulatory environment, understanding the latest complexities and opportunities is crucial for long-term success. Joanna Romanczuk, Market Head of Central Eastern Europe, recently joined Poland Weekly to discuss the latest regulatory developments impacting the Polish business landscape. In this episode, she shares insights from the Q3 2024 Polish TMF Group Barometer covering key updates in tax and administrative rules. Learn more: https://lnkd.in/dydrDzS3 #Poland #PolandWeekly #businessexpansion
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During Commercial Risk’s “Global Programmes – Europe 2024” conference, Praveen Sharma explored the reasons why coverage gaps exist in global programs and the effective practices for multinational companies to rectify them. Read the details in this article: https://bit.ly/40ZdTEC #RiskManagement
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During Commercial Risk’s “Global Programmes – Europe 2024” conference, Praveen Sharma explored the reasons why coverage gaps exist in global programs and the effective practices for multinational companies to rectify them. Read the details in this article: https://bit.ly/3UusuUw #RiskManagement
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AGOA: The renewal signs are positive - THE recent trip by Trade, Industry and Competition Minister Parks Tau, and Deputy Minister Andrew Whitfield to the Africa Growth and Opportunity Act (AGOA) Forum in Washington, DC, US, has turned out quite well. - https://lnkd.in/duJQ_Q9k #africagrowthandopportunityact #dutyfreeaccess #saexports #tradeagreement Centre for Risk Analysis
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AFME has today published its position paper ‘EU Securitisation back on track’, which outlines its five-point plan to revive the securitisation market in the EU. In this paper, AFME aims to describe the different ways that securitisation can be used as a tool to support EU growth and strategic objectives, identify the regulatory hurdles that currently impede its impact and finally sets out a five point package of reforms to boost the trajectory of EU securitisation. AFME’s ‘EU Securitisation back on track’ position paper is available to download here: https://bit.ly/458i2X3
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The @FT Big Read on #EU regulation asks if the EU’s current regulatory. @oiioxfordhttps://lnkd.in/dkgDzUpa @FT Big Read on EU regulation asks if the EU’s current regulatory frameworks and reporting obligations risk stifling innovation and growth in the region, and cites the OII’s Prof. @SandraWachter5 Source: XJustice News247
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🌍 Expanding into international markets brings opportunities and risks. Careful planning is key. 💡 In this post, we share 5 essential tips for successful international commercial relations. From verifying counterparties to defining clear rights and obligations, these steps will help you protect your interests. Need guidance? MLA’s experts are here to support your global success. 📞 +995 598 02 33 02 📨 info@mla.ge
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