With regulation, risk and legal entity management gaining increasing prominence board responsibilities have never been broader or greater.
While most multinational companies have been careful to comply with parent company compliance and governance requirements, many are still exposed to significant risk when it comes to internal controls over their overseas subsidiaries. A constantly shifting regime of regulatory developments, local business customs and compliance requirements mean you must be vigilant in managing your legal entity structures globally.
We are part of a network of 500+ company secretaries, lawyers and governance specialists across over 100 jurisdictions. We are ideally positioned to assist you in areas such as:
As part of a broader Trust and Transparency agenda, the UK Government has introduced new regulations on corporate governance for private companies. Effective for financial years beginning on or after 1 January 2019, eligible UK companies, including subsidiaries of UK and/or overseas listed companies, will need to report on how they have applied appropriate corporate governance arrangements; how directors have met their duties; and the impact of stakeholder and employee engagement on board decision-making.
The regulatory landscape is focussing stakeholder attention on corporate governance, meaning that company secretaries are having to ensure robust governance control. With our industry based experience, we are well positioned to assist, design and implement governance frameworks in respect of:
We can also design these frameworks for clients considering an IPO in London
Working where necessary alongside our colleagues in PwC LLP’s Corporate Structuring, Tax and Global Compliance Services practices, we can assist you with all aspects of regulatory governance and compliance whether tax, accounting or legal.