A combination of dynamic and powerful forces including cyber risk, ever-accelerating technological advances, regulatory complexity, natural and human-made catastrophes, and globalization of the supply chain confronts manufacturers more than at any other point in history. To respond to this continually evolving array of risks, executives need robust tools and fresh insights to support their understanding of the risk landscape, as well as to accurately assess the sophistication, effectiveness, and maturity of their risk management programs.
Environmental, social, and governance (ESG) investors were once perceived as an element of activist communities working to influence distinct aspects of company behavior. Over time, the focus of ESG investors has broadened as institutional investors have identified ESG topics as issues that impact company performance and value. In fact, according to the Global Sustainable Investment Alliance, there has been a 25% increase in assets managed under responsible investment strategies for a total pot of $22.89 trillion since 2014.
Republicans plan to unveil their long-awaited tax reform package on November 1. Although the nine-page tax reform framework released in September was short on details, the plan highlights key changes to the tax code intended to reduce the tax burden on both individuals and companies, spark economic growth in the U.S., and make the tax laws more globally competitive.
Shared services have gained in popularity within the past few decades for a reason: economies of scale dictate that in a global marketplace, back-office synergies can be gained in-house and across borders and continents.
Finance, Internal Audit, Ethics & Compliance Auditing, Operations, Information Technology, Data Centers & Storage
A framework commonly used by companies to transfer employee and customer data from the EU to the U.S. is now illegal—and companies with European operations must find alternatives before the grace period ends in January. This creates significant problems for businesses investigating bribery and corruption, since even work emails are considered private in the EU.
Finance, Treasury, Investments & Capital Markets, Global Economy, Money & Finance, Government Finance
In a recently published paper I took stock of what might constitute a viable, integrated capital market in Europe. This follows the European Commission’s recently proposed “capital markets union” (CMU).