Risk Management

Insurance is an essential tool for defining the acceptable level of risk, and managing such risk by means of transferring and mitigating risk.

Our multidisciplinary team supports our clients in the design and taking out of fitting insurance and reinsurance products, management of claims, as well in the representation in insurance litigation.

The success of a control culture depends defining governance models and agile, clean policies and processes that consider the profile of each company, the legislative and regulatory developments and best practices.

Our team supports management and supervisory bodies, control functions and legal teams in defining the most advanced corporate governance models related to the sector, in line with market benchmarking and ensuring their suitability for each specific case (for example, advising on the drafting of internal regulations and rules of conduct, internal control & risk management policies and remuneration policies & practices).

Tax-related issues are increasingly a critical risk for any company. Rapidly changing tax laws, both in wording and interpretation, economic and financial crime with increasing reach, increasingly assertive authorities: the exposure of companies and executives is huge, requiring continuous identification and mitigation of compliance risks in this area.

Compliance implies a cautious and preventive approach, with teams knowledgeable not only of the tax legislation and trends in tax authorities’ decision making and priorities, but also of the company itself and its relative exposure, in order for the strategy and the company's own compliant activity to constitute a robust defence.

Technological and digital transformation places increasing importance on identifying sector and company-specific risks in the area of privacy and personal data protection. 

We believe that compliance with data protection regulations should not be an obstacle to business development, and we therefore endeavour to provide solutions that constitute workable compromises between compliance with regulations and the interests of our clients.

Security and data-related issues have become central concerns for companies, both in preventing and reacting to problems, with public impact. From service or business interruption to compliance monitoring, the need to be well versed in the legislation and the very public environment surrounding these issues requires particularly sensitive work with teams that have a grasp of the issues.

Companies and institutions are particularly vulnerable on more than one front, requiring knowledge, compliance and ongoing risk monitoring and management. On the one hand, regulation has grown, moving in an increasingly global and uniform direction. On the other hand, attacks are also increasingly global and sophisticated, with an existential threat to the business itself. Then, too, individuals themselves are increasing their scrutiny of their own data. Non-compliance has severe costs.

Anti-corruption and anti-money laundering legislation has been expanding and intensifying at national and international levels, with a cross-cutting impact on organisations. Compliance policies and the definition of risk management plans in these areas are fundamental for the development of a solid, proactive and, if necessary, reactive strategy, involving all levels of activity of the organisation concerned.

With strong political consensus, few sectors have been as discussed, regulated, and adapted as the environment and environmental impacts of business activities energy – with a very significant impact on all economic activity. Companies must rigorously measure their environmental impact and manage environmental risks, contributing to climate change mitigation, at the risk of business interruption, reputational damage, financial damage (including access to capital) or even possible civil or criminal liability.

Decision-making is increasingly complex, requiring careful analysis of ESG (Environmental, Social and Governance) and human rights factors across the business value chain. Proactivity in assessing ethics and sustainability is now an indispensable factor for the success of any organisation.

Competition law rules are often difficult for companies to interpret and apply, due to their high legal and economic complexity. For this reason, and because the high risks and heavy penalties that can result from non-compliance in this area lead to an increasing concern on the part of companies in respect of competition law, we have developed compliance programs and internal investigations for our clients, geared to their specific needs.

Rules on both mergers and anti-competitive practices are at the centre of a company's strategy and conduct considerations and can require substantial changes in the way a company operates and interacts with its clients, suppliers, and partners.

The increasing regulation of many sectors has made economic activity particularly challenging: companies and organisations navigate through mazes of national and international legislation, of different levels and consequences, with overlaps and interpretations in constant evolution.

For companies, it is essential to ensure compliance with their obligations, and risk prevention, safeguarding possible reputational and economic consequences, as well as defining their strategic plan and each new product bearing in mind the opportunities for sustained growth within the regulatory context in which they operate is key.

Our multidisciplinary teams offer a comprehensive and integrated approach, partnering with the client to proactively build a true control culture in alignment with the clients´ strategic objectives, possessing extensive knowledge of multiple business sectors (such as banking & financial services, insurance, private equity, retail & consumer goods, energy & natural resources, health & pharmaceuticals, TMT, and tourism & leisure).