Compliance and crisis management

  • Compliance and crisis management

    2021

    Implementation deadline for the EU's Whistleblowing Directive

    17 December was the deadline for Member States of the EU to introduce domestic legislation to implement the requirements of the EU's Whistleblowing Directive. The Directive requires a majority of companies in the EU to implement whistleblowing procedures in line with the Directive's at times prescriptive requirements. In this article we assess the impact these requirements are likely to have on companies with offices in one or more EU Member States.

  • Compliance and crisis management

    2019

    A responsible business life

    We are fully aware of the fact that businesses may have great impact on environment, society and individuals. Still, the last couple of years we have seen a significant development regarding requirements and expectations for businesses to act responsibly. Increasingly more investors and companies are focusing on responsibility and sustainability – business and ethics coincide.

  • Compliance and crisis management

    2018

    Guidance on drafting and interpreting contractual sanctions clauses

    In this article, we discuss the first UK case dealing with the scope of a sanctions exclusion clause in the context of the re-imposed US sanctions on Iran and the EU Blocking Regulation. We also provide some pointers for in-house counsel drafting sanctions exclusion clauses.

  • Compliance and crisis management

    2018

    Privilege in the UK – a landmark decision

    A High Court decision limiting privilege in relation to advice prepared for a company regarding claims of fraud and corruption has recently been overturned by the Court of Appeal in London. The decision widens the scope of protection for disclosing documents created by internal investigations and should give comfort to organisations facing such allegations.

  • International sanctions and export control, Compliance and crisis management

    2018

    What Do President Trump's Iran Threats Mean for Norwegian Companies?

    At last month's State of the Union address, President Trump called on Congress to "address the fundamental flaws in the terrible Iran nuclear deal". Trump has been attacking the deal, formally known as the Joint Comprehensive Plan of Action (the "JCPOA"), since he began campaigning for the presidency. But this latest statement, made at one of Washington's most important political events and coming on the heels of Trump's January 12 threat to withdraw from the JCPOA, suggests that the president may be closer to taking action. If Trump does decide to end US participation in the JCPOA, how will he do it? And what will this mean for Norwegian companies considering business in Iran?

  • International sanctions and export control, Compliance and crisis management

    2018

    Considerations for Norwegian Companies after the US Withdrawal from the Iran Nuclear Deal

    On May 8, President Donald Trump announced that the United States would withdraw from the Iran nuclear deal, otherwise known as the Joint Comprehensive Plan of Action ("JCPOA"), and re-impose the sanctions that the US had lifted under the deal. This will have important ramifications for Norwegian companies as the United States will quickly revert to the sanctions regime that existed before the JCPOA.