Risk & Compliance
Businesses all around the world are operating in an increasingly regulated environment that places an ever-growing risk and compliance burden. The weight of that burden can often be so great that it stifles established businesses and prevents new ones from entering the market. The key to compliance is balanced and proportionate action. It is for this reason that our team includes numerous former Risk & Compliance heads from major organisations. GLS Law is able to serve as an effective guide to businesses seeking to manage their risk and compliance burdens. Understanding the compliance burden and managing it effectively is not as complicated as it is made to seem. Many businesses are impacted in the same way and practical compliance based learnings can readily be utilised. Our focus is on giving you efficient access to pragmatic, efficient and proven risk and compliance strategies that are cost accessible.
Whether it be for multi-billion dollar companies or owner-managed start-ups, GLS Law provides world class compliance and risk management advisory services across all phases of the business life cycle. Our Compliance and Risk Management team members have significant experience across all facets of these disciplines, including ranging from drafting and implementing codes of conduct, risk management and other policies and guidelines to providing training, audit and investigation services.
- Anti-Bribery & Corruption Policy
- Export Control & Restrictions
- Formation and Operation of Risk Management and Audit Committees
- Compliance Programs and Audits
- Delegation of Authority Protocols
- Contract Approval Protocols
- Foreign Trade Controls Policy
- Code of Conduct, Policies and Guidelines
- Compliance Training
- Competition Law Policy
- Risk Management Policy and Matrix
- Investigation Services
UAE: Advised a leading global IT next generation services provider on the legal aspects of conducting business in the UAE, the UAE legal system, sources of legislation, Shari’a law’s impact on contractual liabilities, indemnities and warranties and termination rights, available remedies and the enforceability of foreign laws, judgments and awards in the UAE.
Thailand: Advised major insurance company on liability under PAR policies following 2011 Thai floods.
ASEAN: Regulatory and Compliance work, Onshore and Offshore Investment Funds and other Alternative investment vehicles with a broad range of investment objectives, including private equity, venture capital, and hedge funds.
Tanzania: Prepared a corporate governance report for the board of a financial services company.
Africa: Regulatory overviews for capital markets transactions covering operations in Burkina Faso, DRC, Gabon, Kenya, Malawi, Niger, Republic of Due Congo, Sierra Leone, Sudan, Tanzania, Chad, Uganda and Zambia.
UAE: Mizuho Bank (DIFC Branch): Responsible for Reviewing and assisting with the design of KYC and AML data collection and reporting systems, including information exchange protocols between London, Tokyo and Dubai databases; and creation of cross-border marketing regulation database and internal training regarding the same.
UAE: MedSecurities: Responsible for advising in relation to DFSA regulations; Creation of compliance and reporting structures; drafting of HNW client on-boarding general terms and conditions; Review of client on-boarding packages and preparation of red-flag reports; and Advising on Conduct of Business requirements in relation to proposed new product lines.
ASEAN: Conducted compliance investigations and audits for MNC.
Global: Developed a global code of conduct and suite of in-house legal/compliance policies for MNC.