In this video, partners Kerry Contini and Alex Lamy share their advice to companies navigating the rapidly evolving sanctions landscape. As rules become more restrictive, companies should brace themselves for increased compliance risks and routinely review their compliance programs. It is also critical to prepare for cross-border investigations that require a technical understanding of the nuanced rules and their interplay across multiple jurisdictions.
The proliferation of fintech start-ups in the past decade has indeed injected new, vibrant sources of competition into several spheres of financial service provision, such as payments. Yet the power of industry incumbents and their vertically integrated models, in banking and other industry sub-sectors, remains largely undiminished. The modularization of financial services promises to change this, prying open entire value chains to small, digitally adroit providers of specialized services.
In today’s global marketplace, disputes are growing in number and complexity. Businesses are facing intense competition and must manage the risks and challenges in doing business locally and internationally. Higher accountability standards and tighter regulatory scrutiny increase exposure and vulnerability.
As heightened sanctions activity amplifies challenges for those operating in a global environment, navigating this landscape requires a comprehensive – and collaborative – approach. Anahita Thoms (Partner, Baker McKenzie, Berlin) is joined by Sean Doherty (Head, International Trade and Investment; Member of the Executive Committee, World Economic Forum) and Hera Smith (Director, Financial Crime Compliance, Moody’s Analytics) to discuss how organizations can more confidently ensure sanctions compliance.
In lieu of our annual conference in Bellevue, WA, we are excited to again provide a Virtual Global Trade Conference available to all our clients and friends worldwide! The conference will be comprised of 90 minutes sessions over the course of two days. Join us on July 12 and 13 for any or all of the sessions and learn from our panel of experts as they share their insights on cutting-edge trade trends, regulatory updates and challenges, and major policy developments.
As rapid transformation and changing legislation carve the future business landscape, tax considerations increasingly intersect with your most strategic business decisions. At Baker & McKenzie, we look at tax from every angle. Against this backdrop, we are eager to share our highly anticipated program “Unlocking the intersection between ESG and Tax” with you, which we were proud to launch at our 18th Annual Global Tax Planning & Transactional Workshop “Embracing the Changing World of Tax”.
World Trade Organization Members laid out several key principles for determining the customs value of imported goods in the 1995 Customs Valuation Agreement with the aim of ensuring that the value of Members’ tariff concessions would not be nullified or undermined. Nonetheless, the WTO is – incorrectly – seldomly considered as a relevant forum for addressing customs valuation issues.
In this four-part webinar series that took place throughout the month of May 2023, our US moderators welcomed colleagues from around the globe to share the latest labor and employment law updates and trends.
On behalf of Baker McKenzie’s Global Wealth Management Practice Group we are delighted to share with our clients, friends, colleagues and readers from around the world the Second Quarter 2023 issue of the Private Wealth Newsletter.
This edition features articles on a variety of relevant recent developments in the private wealth space including new Mandatory Disclosure Rules in the United Kingdom.
Artificial intelligence and machine learning technology is driving important new business opportunities across a growing number of industry sectors, including consumer goods and retail. Many CG&R companies are looking into how AI can enhance their business processes and customer interactions and with generative AI and the arrival of ChatGPT, the scope for application is staggering.