Legal risk management
|
|
|
- Jeffry Pierce Richard
- 10 years ago
- Views:
Transcription
1 Legal risk management Tobias Mahler, Norwegian Research Center for Computers and Law The faculty of Law University of Oslo 1
2 Agenda Introduction Risk management Legal risk management A real-life example Graphical modelling of legal risk
3 Introduction Richard Susskind, The Future of Law: While legal problem solving will not be eliminated in tomorrow s legal paradigm, it will nonetheless diminish markedly in significance. The emphasis will shift towards legal risk management supported by proactive facilities, which will be available in the form of legal information services and procedures. As citizen learn to seek legal guidance more regularly and earlier than in the past, many potential legal difficulties will be dissolved before needing to be resolved. Where legal problems of today are often symptomatic of delayed legal input, earlier consultation should result in users understanding and identifying their risk and controlling them before any questions of escalation.
4 Risk management
5 What is risk management? ISO 31000:2009 Establishing the context Communication and consultation Risk assessment Risk identification Risk analysis Risk evaluation Risk treatment Monitoring and review 5
6 Risk matrix 6
7 Who does risk management in an enterprise? Board of directors/ceo: enterprise risk Chief risk officer (CRO)/chief finance officer (CFO): financial risk Product developers (e.g. engineers): product risk Safety officer: risk related to health/environment/safety Project managers: project risk IT system engineers: IT security risk Compliance officer: compliance risk General Counsel (Legal): Legal risk?
8 Risk and uncertainty Risk is the effect of uncertainty on objectives. ISO 2009 Uncertainty is deficiency of information related to or understanding or knowledge of an event, its consequence or likelihood. Uncertainty about Facts Legal norms
9 The technical risk perspective Source: Hovden 2003
10 Legal risk A legal risk is a risk that has a legal issue as its source Legal issue Risk A legal issue is a set of facts that are assessed under a set of legal norms. 10
11 Legal risk management
12 Legal risk management Legal risk management focuses on the management of legal risk and the legal management of risk. 12
13 Topics in legal risk management LEGAL RISK MANAGEMENT Legal methods Structural risk management Compliance risk management Contractual risk management Litigation risk management Risk management methods 13
14 Empirical and legal uncertainty If A (empirical uncertainty) Legal uncertainty THEN n B 14
15 Legal risk management process Communication between client, lawyers and non-lawyers The legal and factual context Legal risk assessment Identification of risks, particularly legal risks Risk analysis: legal & factual uncertainty Risk evaluation: quantitative & qualitative Risk treatment: legal & factual risk controls Monitoring and review of legal issues, disputes and cases 15
16 A real-life example
17 A real-life example: SAP Risk Nr. Event Effect on Legal sources Likelihood Consequence Risk value 1 Product defect claims SAP results Contract ProdHG BGB Unlikely Significant Medium
18 Risk description I (uncertainty about facts) Risk title (SAP: product risk ) Risk of actual or alleged failures of our software products and services. Description of facts/events New products and product enhancements may still contain undetected errors when they are first released. As a result, it is feasible that certain customers may bring claims in certain cases for cash refunds, damages, replacement software, or other concessions. SAP software products are chiefly used by customers in business-critical applications and processes. Source: SAP, IFRS FINANCIAL REPORTS (2007), p
19 Risk description II (uncertainty about legal norms) Description of the law/contract Our contractual agreements generally contain provisions designed to limit SAP s exposure to warranty-related risks. However, these provisions may not cover every eventuality or be entirely effective under applicable law. Source: SAP, IFRS FINANCIAL REPORTS (2007), p
20 Risk description III (effect & estimation) Effect on SAP s objectives Such claims could adversely affect our assets, finances, income, and reputation. Risk estimation We believe it is unlikely that our planned results will be significantly impaired by product defect claims from SAP customers. Source: SAP, IFRS FINANCIAL REPORTS (2007), p
21 Risk description IV (treatment) We counter these risks with thorough project management, project monitoring, rigid and regular quality assurance measures certified according to ISO 9001, and program risk assessments during product development. AND CONTRACTUAL MEASURES Source: SAP, IFRS FINANCIAL REPORTS (2007), p
22 Risk description V (monitoring) The generally high quality of our products is confirmed by our low customer escalation handling expenses (as described in the Project Risks section), the low rate of litigation arising against us out of our regular operations, and our constantly high customer satisfaction ratings as measured by regular customer surveys. Source: SAP, IFRS FINANCIAL REPORTS (2007), p
23 Graphical modelling of legal risk
24 Why visualisation? The graphical language Communication Analysis Expressiveness Usability Comprehensibility Risk Legal reasoning 24
25 Facts lead to risk There is a major undetected defect in a software release (possible) Defect has measurable negative consequences for purchaser (possible) Software provider pays for consequences of claimed product defect Effect on financial results Unlikely Major Medium risk 25
26 Legal norms contribute to risk BGB Sections 437 nr. 3; 280 I Software seller is obligated to pay damages to purchaser for the consequences of a defect. (Depends on whether the software seller knew or should have known about the defect) 2. Software sales contract The software seller is not liable for the consequences of defects, except in cases of gross negligence. (Is this entirely valid and does it cover all cases?) Defect has measurable negative consequences for purchaser (possible) 1. Software provider pays for consequences of claimed product defect Effect on financial results Unlikely Major Medium risk 26
27 Different types of norms Norm proposition Deontic Conceptual Obligation Prohibition Permission No obligation Power Qualification 27
28 Visualisation of initial example BGB Section 434 Does this count as a defect in the sense of the law? (Depends on whether the software purchaser can expect software which is free from such errors) BGB Sections 437 nr. 3; 280 I Software seller is obligated to pay damages to purchaser for the consequences of a defect. (Depends on whether the software seller knew or should have known about the defect) Software sales contract The software seller is not liable for the consequences of defects, except in cases of gross negligence. (Is this entirely valid and does it cover all cases?) There is a major undetected defect in a software release (possible) Defect has measurable negative consequences for purchaser (possible) Software provider pays for consequences of claimed product defect Effect on financial results Unlikely Major Medium risk 28
29 Concluding remarks Visualisation was used in large-scale industrial case study Risk management can be applied in a legal context, but only as a complement to existing methods 29
GUIDANCE FOR MANAGING THIRD-PARTY RISK
GUIDANCE FOR MANAGING THIRD-PARTY RISK Introduction An institution s board of directors and senior management are ultimately responsible for managing activities conducted through third-party relationships,
RISK MANAGEMENT POLICY
DOCUMENT TYPE: DOCUMENT STATUS: POLICY OWNER POSITION: INTERNAL COMMITTEE ENDORSEMENT: APPROVED BY: Council policy Approved Manager Organisational Development Risk Management Committee Council DATE ADOPTED:
1. TERMS OF REFERENCE 1 2. INTRODUCTION 2 3. ACTION ITEMS 7 4. SUPPORTING COMMENTS ON THE ACTION ITEMS 11 5. LAWYERS AND LEGAL ADVICE 19
Table of contents Page 1. TERMS OF REFERENCE 1 2. INTRODUCTION 2 3. ACTION ITEMS 7 4. SUPPORTING COMMENTS ON THE ACTION ITEMS 11 5. LAWYERS AND LEGAL ADVICE 19 6. MODIFICATION TO THE COMCARE WEBSITE 24
Going concern assumption for NHS foundation trust accounts
Going concern assumption for NHS foundation trust accounts Briefing note March 2011 Purpose This briefing note provides guidance to assist the directors of NHS foundation trusts in understanding their
Managing Risk in Procurement Guideline
Guideline DECD 14/10038 Managing Risk in Procurement Guideline Summary The Managing Risk in Procurement Guideline assists in the identification and minimisation of risks involved in the acquisition of
Risk Management Framework
Risk Management Framework Category or Type Originally approved by, and date Administration and Management Vice Chancellor at VCAG on December 2008 Last approved revision October 2011 Sponsor Chief Operating
Tool-supported Legal Risk Management: A Roadmap
Tool-supported Legal Risk Management: A Roadmap Tobias Mahler * I. Introduction In The Future of Law, 1 Richard Susskind predicts a paradigm shift in the approach to legal problems from problem solving
IRS Administrative Appeals Process Procedures
IRS Administrative Appeals Process Procedures Charles P. Rettig Avoiding litigation is often the best choice for a client. The Administrative Appeals process can make it happen. Charles P. Rettig, a partner
Agenda. Forward-looking Statements Denis Jasmin, Vice-President, Investor Relations
SECOND QUARTER 2013 Conference Call Notes August 2, 2013 2 Agenda Forward-looking Statements Denis Jasmin, Vice-President, Investor Relations President and CEO Remarks Robert G. Card, President and Chief
How to Assess Legal Risk Management Practices
How to Assess s Strategy Areas for Assessment: A number of strategic areas that you may wish to start with are included in the matrix below. We invite comments on additional areas to include. Law Department
Credit Union Liability with Third-Party Processors
World Council of Credit Unions Annual Conference Credit Union Liability with Third-Party Processors Andrew (Andy) Poprawa CEO, Deposit Insurance Corporation of Ontario Canada 1 Credit Union Liability with
The Lowitja Institute Risk Management Plan
The Lowitja Institute Risk Management Plan 1. PURPOSE This Plan provides instructions to management and staff for the implementation of consistent risk management practices throughout the Lowitja Institute
COMPARATIVE STUDY BETWEEN TRADITIONAL AND ENTERPRISE RISK MANAGEMENT A THEORETICAL APPROACH
COMPARATIVE STUDY BETWEEN TRADITIONAL AND ENTERPRISE RISK MANAGEMENT A THEORETICAL APPROACH Cican Simona-Iulia Management, Faculty of Economics and Business Administration, West University of Timisoara,
Understanding Enterprise Risk Management. Presented by Dorothy Gjerdrum Arthur J Gallagher
Understanding Enterprise Risk Management Presented by Dorothy Gjerdrum Arthur J Gallagher Learning Objectives Understand the components of a wellrun ERM program Review scope and process Explore the role
investor meeting 2 0 1 5 SANTA CLARA
investor meeting 2 0 1 5 SANTA CLARA investor meeting 2 0 1 5 SANTA CLARA Brian Krzanich Chief Executive Officer agenda 2015 Results Intel s Corporate Strategy Intel s Foundation Intel's Growth Engines
Compliance Management Systems
Certification Scheme Y03 Compliance Management Systems ISO 19600 ONR 192050 Issue V2.1:2015-01-08 Austrian Standards plus GmbH Dr. Peter Jonas Heinestraße 38 A-1020 Vienna, Austria E-Mail: [email protected]
Risk Management: Coordinated activities to direct and control an organisation with regard to risk.
POLICY CG01 RISK MANAGEMENT Document Control Statement This Policy is maintained by the Governance and Organisational Strategy. Any printed copy may not be up to date and you are advised to check the electronic
FINANCIAL REPORTING COUNCIL AN UPDATE FOR DIRECTORS OF LISTED COMPANIES: GOING CONCERN AND LIQUIDITY RISK
FINANCIAL REPORTING COUNCIL AN UPDATE FOR DIRECTORS OF LISTED COMPANIES: GOING CONCERN AND LIQUIDITY RISK NOVEMBER 2008 Contents Page One Introduction 1 Two Accounting requirements with respect to going
Project Management. [Student s Name] [Name of Institution]
![Project Management. [Student s Name] [Name of Institution]](/thumbs/30/14331803.jpg "Project Management. [Student s Name] [Name of Institution]")
1 Paper: Assignment Style: Harvard Pages: 10 Sources: 7 Level: Master Project Management [Student s Name] [Name of Institution] 2 Project Management Introduction The project management also known as management
2015 TAX COURT JUDICIAL CONFERENCE
2015 TAX COURT JUDICIAL CONFERENCE CONFLICTS AND CHAOS: THE IMPORTANCE OF TIMELY RECOGNIZING AND MANAGING CONFLICTS OF INTEREST AND RELATED PROBLEMS IN TAX LITIGATION Discussion Hypotheticals May 22, 2015
Drafting the Joint Defense Agreement
Drafting the Joint Defense Agreement (with Sample Provisions) Daralyn J. Durie Joint defense agreements have some obvious advantages, but some not-so-obvious disadvantages. If you plan to enter into one,
University of New England Compliance Management Framework and Procedures
University of New England Compliance Management Framework and Procedures Document data: Document type: Administering entity: Framework and Procedures Audit and Risk Directorate Records management system
Loss of Program or Institutional Accreditation: A Compliance Guide
Risk Research Bulletin Loss of Program or Institutional Accreditation: A Compliance Guide Student lawsuits over accreditation of colleges or academic programs are on the rise. Consider the following: Graduate
Capital Adequacy: Advanced Measurement Approaches to Operational Risk
Prudential Standard APS 115 Capital Adequacy: Advanced Measurement Approaches to Operational Risk Objective and key requirements of this Prudential Standard This Prudential Standard sets out the requirements
King Fahd University of Petroleum and Minerals
King Fahd University of Petroleum and Minerals Department of Construction Engineering and Management CEM 515 Project Quality Management Term Paper Procurement Quality Management In Construction Project
ALL I DID WAS RECOMMEND A HOME INSPECTION COMPANY!
ALL I DID WAS RECOMMEND A HOME INSPECTION COMPANY! By: Alvin C. Monshower, Jr., Esq. Well, there you are. Plodding along, minding your own business. Dealing with the daily trials and tribulations of a
UNIVERSITY CLINICAL, EDUCATION & RESEARCH ASSOCIATES (UCERA) POSITION DESCRIPTION
UNIVERSITY CLINICAL, EDUCATION & RESEARCH ASSOCIATES (UCERA) POSITION DESCRIPTION Position Title: Revenue Cycle Director Date Prepared: 12/11/2008 Department: Administration FLSA Status: Full-time, Exempt
Ontario s Amended Rules of Professional Conduct
Ontario s Amended Rules of Professional Conduct Bruce Blain Toronto Symposium June 5, 2014 FLSC Model Code of Professional Conduct 2004 - initiative to create uniform ethical and professional conduct standards
Executive Summary. Guidelines on Merchant and ISO Underwriting and Risk Monitoring MARCH 2014 COUNSEL DEVELOPED BY
TM MARCH 2014 Guidelines on Merchant and ISO Underwriting and Risk Monitoring Executive Summary DEVELOPED BY www.deanarich.com COUNSEL Venable LLP Jeffrey D. Knowles Ellen Traupman Berge Leonard L. Gordon
Products Liability and Insuring Protection. ForanGlennonPalandechPonzi&Rudloff PC
Products Liability and Insuring Protection ForanGlennonPalandechPonzi&Rudloff PC Personal Injury Property Damage Economic Loss User (consumer) of ultimate product containing spring gets injured or dies.
FINRA Regulation of Broker-Dealer Due Diligence in Regulation D Offerings
FINRA Regulation of Broker-Dealer Due Diligence in Regulation D Offerings EDWARD G. ROSENBLATT, MCGUIREWOODS LLP, WITH PRACTICAL LAW CORPORATE & SECURITIES This Note discusses broker-dealers' affirmative
Risk Management Strategy and Guidelines
Swale Borough Council Risk Management Strategy and Guidelines Status: Final Originating Date: January 2008 Date Ratified: February 2008 (Audit Committee) Next Review Date: January 2009 Accountable Member:
Manufacturers versus Component Part and Raw Material Suppliers: How to Prevent Liability By Kenneth Ross *
Manufacturers versus Component Part and Raw Material Suppliers: How to Prevent Liability By Kenneth Ross * Introduction One of the more perplexing and potentially dangerous areas of product liability practice
August 24, 2004. Dear Mr. Golden:
August 24, 2004 Russell Golden, CPA Director of Technical Activities Financial Accounting Standards Board 401 Merritt 7 PO Box 5116 Norwalk Connecticut 06856-5116 File Reference No. 1700-100 Dear Mr. Golden:
CORP 600 00 RISK MANAGEMENT POLICY & METHODOLOGY
CORP 600 00 RISK MANAGEMENT POLICY & METHODOLOGY CORP 600 RISK MANAGEMENT POLICY Purpose In March 2003, the Australian Stock Exchange (ASX) Corporate Governance Council released the first version of its
Hong Kong Medical Law Brief
9 July 2013 Hong Kong Medical Law Brief Welcome to the July edition of Kennedys' Hong Kong Medical Law Brief. Our team of dedicated lawyers had launched a series of informative seminars for medical practitioners
CONSULTATION PAPER Proposed Prudential Risk-based Supervisory Framework for Insurers
INSURANCE CONSULTATION PAPER Proposed Prudential Risk-based Supervisory Framework for Insurers December 2010 CONSULTATION PAPER: Proposed Risk-based Supervisory Framework (Final December 2010) Page 1 of
Guidelines for Financial Institutions Outsourcing of Business Activities, Functions, and Processes Date: July 2004
Guidelines for Financial Institutions Outsourcing of Business Activities, Functions, and Processes Date: July 2004 1. INTRODUCTION Financial institutions outsource business activities, functions and processes
Product Liability. Risk Control
Product Liability Risk Control With tort reform failing to stop the steady increase in product liability claim awards, manufacturers and enterprises like yours must take defensive action to protect their
Third Party Relationships
3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 A B D INTRODUCTION AND PURPOSE Background Yes/No Comments 1. Does the credit union maintain a list of the third party
Technology Spotlight The Future of Revenue Recognition
Technology Spotlight The Future of Revenue Recognition For Private Circulation Only January 2015 Contents Executive summary 3 Background 4 Key Accounting Issues 5 Other Accounting Issues 13 Considerations
Core Competencies. Investigation
Core Competencies Investigation Claim Investigation Verify coverage for claimant / employer Three point contact (employer, claimant and medical provider) Recorded / written statements (claimant, witnesses,
Risk Management Policy Adopted by:
Risk Management Policy Adopted by: Infigen Energy Limited Infigen Energy (Bermuda) Limited Infigen Energy RE Limited in its capacity as Responsible Entity of Infigen Energy Trust Adopted: 17 December 2009
Services and Capabilities. Litigation Support in Energy, the Environment, and the Water Industry
Services and Capabilities Litigation Support in Energy, the Environment, and the Water Industry We are widely recognized for our independence; as a result, the testimony of NERA experts is weighed heavily
Audit Committee, 28 November. HCPC Project Risk Management. Executive summary and recommendations. Introduction
Audit Committee, 28 November HCPC Project Risk Management Executive summary and recommendations Introduction At its meeting on 29 September 2013 the Committee agreed that it would receive the Education
COMMENTARY. California s New Subcontractor Defense Regime for Non-Residential Projects: Creating Order or Chaos?
May 2013 JONES DAY COMMENTARY California s New Subcontractor Defense Regime for Non-Residential Projects: Creating Order or Chaos? As explained in a recent Commentary (available at http://www.jonesday.com/navigating_treacherous_
PRIORITIZING CYBERSECURITY
April 2016 PRIORITIZING CYBERSECURITY Five Investor Questions for Portfolio Company Boards Foreword As the frequency and severity of cyber attacks against global businesses continue to escalate, both companies
MASUPARIA GOLD CORPORATION
CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS THREE MONTHS ENDED DECEMBER 31, 2011 and 2010 (expressed in Canadian Dollars) NOTICE TO READERS Under National Instrument 51-102, Part 4.3 (3)(a), if
COMPARISON OF THE NHS LITIGATION AUTHORITY AND THE COMMERCIAL INSURANCE MARKET: BRIEFING PAPER
COMPARISON OF THE NHS LITIGATION AUTHORITY AND THE COMMERCIAL INSURANCE MARKET: BRIEFING PAPER ff Introduction... 3 ff Key differences between CNST and commercial insurance... 5 ff Factors for consideration...
2. The transfer disclosures were published to enable users of financial statements:
STAFF PAPER IFRS Interpretations Committee Meeting January 2013 Project Paper topic Disclosures-Transfers of Financial Assets (Amendments to IFRS 7) Servicing agreements CONTACT(S) Barbara Davidson [email protected]
Tax risk management strategy
Vodafone Group Plc has a tax strategy focused on the following 6 key areas: Integrity in compliance and reporting Enhancing shareholder value Business partnering Influencing tax policy Developing our people
Risk Assessment Tool and Guidance (Including guidance on application)
Risk Assessment Tool and Guidance (Including guidance on application) Document reference number Revision number OQR012 Document developed by 5 Document approved by Revision date October 2011 Responsibility
Going concern. FASB defines management s going concern assessment and disclosure responsibilities. At a glance. Background
No. US2014-07 September 23, 2014 What s inside: Background... 1 Key provisions... 2 Disclosure threshold: Substantial doubt... 2 Consideration of management s plans... 4 Required disclosures... 6 What
A Roadmap to Accrual and Disclosure Requirements under ASC 450
1 March 29, 2013 King & Spalding s Public Company Practice Group periodically publishes the Public Company Advisor to provide practical insights into current corporate governance, securities compliance
ICE Legal Notes Series
ICE Legal Notes Series Legal Notes Reviewing the work of another Engineer and replacing another Engineer Institution of Civil Engineers www.ice.org.uk Published by the Institution of Civil Engineers (ICE).
Enterprise Risk Management. Breaking Down the Barriers at Emory
Enterprise Risk Management Breaking Down the Barriers at Emory Willis Healthcare Forum Nashville, TN July 10, 2007 Shulamith Klein Senior Director Office of Risk & Insurance Services The Emory Enterprise
Construction Litigation: How to stay in the black and out of the Courtroom. Kenneth W. Movat. Certified Specialist in Construction Law
Construction Litigation: How to stay in the black and out of the Courtroom Kenneth W. Movat Certified Specialist in Construction Law This publication is intended for general information purposes only and
Risk Management Policy
Risk Management Policy Responsible Officer Author Ben Bennett, Business Planning & Resources Director Julian Lewis, Governance Manager Date effective from December 2008 Date last amended December 2012
New on the Horizon: Revenue recognition for building and construction
NOVEMBER 2011 Building & Construction New on the Horizon: Revenue recognition for building and construction KPMG s Building & Construction practice KPMG s Building & Construction practice provides integrated
Risk Management - Board & Management Responsibilities Murray Short, MBA, CPA CA Not-for-Profit Partner RLB LLP
Risk Management - Board & Management Responsibilities Murray Short, MBA, CPA CA Not-for-Profit Partner RLB LLP 2 AGENDA About RLB / About Our Not-for-Profit Team Defining Risk Types of Organizational Risk
Mesirow Financial. Fiduciary Partnership FAQ for Advisors
Mesirow Financial Fiduciary Partnership FAQ for Advisors Mesirow Financial Fiduciary Partnership FAQ for Advisors i I. Firm Overview 1. Who is Mesirow Financial? 2. Who is the Investment Strategies Group?
International Accounting Standard 37 Provisions, Contingent Liabilities and Contingent Assets
International Accounting Standard 37 Provisions, Contingent Liabilities and Contingent Assets Objective The objective of this Standard is to ensure that appropriate recognition criteria and measurement
RISK AND OPPORTUNITY MANAGEMENT STRATEGY 2013-2014
RISK AND OPPORTUNITY MANAGEMENT STRATEGY 2013-2014 Version 1.0 October 2013 Not protectively marked INDEX PAGE NO TITLE 3 Executive Summary 4 Our Shared Vision and Priorities 5 Outline of the Risk and
An Introduction to Work Injury Damages
An Introduction to Work Injury Damages 2010 Edition Author: Christopher Michael Accredited Specialist Blue: Black: Pantone 540C Edwards Michael Lawyers An Introduction to Work Injury Damages 2010 Edition
Corporate Social Responsibility: A New Era of Transnational Corporate Liability for Human Rights Violations?
1 Corporate Social Responsibility: A New Era of Transnational Corporate Liability for Human Rights Violations? By Janne Duncan, Janet Howard and Michael Torrance 7 Supreme Court of Canada Rules Indirect
OCC 98-3 OCC BULLETIN
To: Chief Executive Officers and Chief Information Officers of all National Banks, General Managers of Federal Branches and Agencies, Deputy Comptrollers, Department and Division Heads, and Examining Personnel
Reserving Requirements for Non-Life Insurers and Non-Life and Life Reinsurers
2014 Reserving Requirements for Non-Life Insurers and Non-Life and Life Reinsurers 1 Reserving Requirements for Non-Life Insurers and Non-Life and Life Reinsurers Contents Introduction... 3 Definitions...
SEC ISSUES FINAL RULES FOR NEW CEO/CFO CERTIFICATION UNDER SECTION 302 OF THE SARBANES-OXLEY ACT
CLIENT MEMORANDUM SEC ISSUES FINAL RULES FOR NEW CEO/CFO CERTIFICATION UNDER SECTION 302 OF THE SARBANES-OXLEY ACT As noted in our previous client memoranda, the Sarbanes-Oxley Act of 2002 (the Act ) calls
Mesirow Financial. Fiduciary Partnership FAQ for Advisors
Mesirow Financial Fiduciary Partnership FAQ for Advisors Mesirow Financial Fiduciary Partnership FAQ for Advisors i I. Firm Overview 1. Who is Mesirow Financial? 2. Who is the Investment Strategies Group?
THE CLAIMS MANAGEMENT CODE ( the Code )
THE CLAIMS MANAGEMENT CODE ( the Code ) CONTENTS 1 Introduction 2 Principles 3 Publishing the Code 4 Training and Competence 5 Advertising, Marketing and Promotional Activities 6 Charges 7 Information
Revenue recognition Contracts with customers that contain nonrecourse, seller-based financing
IASB Agenda ref 7C STAFF PAPER Week of 24 September 2012 FASB IASB Meeting FASB Education Session 19 September 2012 IASB Education Session 20 September 2012 Project Paper topic Revenue recognition Contracts
Case 2:11-cv-03070-WHW -MCA Document 17 Filed 09/26/11 Page 1 of 6 PageID: 199 NOT FOR PUBLICATION UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY
Case 211-cv-03070-WHW -MCA Document 17 Filed 09/26/11 Page 1 of 6 PageID 199 UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY KERRY FEDER, on behalf of herself and the putative class, Plaintiffs, WILLIAMS-SONOMA
Sempra Energy Utilities response Department of Commerce Inquiry on Cyber Security Incentives APR 29 2013
Sempra Energy Utilities response Department of Commerce Inquiry on Cyber Security Incentives APR 29 2013 Sempra Energy s gas and electric utilities collaborate with industry leaders and a wide range of
TREE RISK ASSESSMENT
TREE RISK ASSESSMENT Tree Risk Assessment What has ISA done and why? Tree Risk Assessment What has ISA done and why? What is risk assessment and how does it fit within the context of risk management? Tree
INSURANCE RATING METHODOLOGY
INSURANCE RATING METHODOLOGY The primary function of PACRA is to evaluate the capacity and willingness of an entity / issuer to honor its financial obligations. Our ratings reflect an independent, professional
THE SMALL BUSINESS STANDARD
Version 3.2 A basic standard for managing product and service quality in a small business This publication was initially developed by members of the Chartered Quality Institute s Management Consultants
How To Account For Construction Contracts In Hong Kong Kongsong Accounting Standard 11
HKAS 11 Issued October 2004Revised March 2010 Hong Kong Accounting Standard 11 Construction Contracts COPYRIGHT Copyright 2011 Hong Kong Institute of Certified Public Accountants This Hong Kong Financial
GUIDANCE NOTE ON OUTSOURCING
GN 14 GUIDANCE NOTE ON OUTSOURCING Office of the Commissioner of Insurance Contents Page I. Introduction.. 1 II. Application...... 1 III. Interpretation.... 2 IV. Legal and Regulatory Obligations... 3
Cardelli Lanfear P.C.
Michigan Prepared by Cardelli Lanfear P.C. 322 West Lincoln Royal Oak, MI 48067 Tel: 248.850.2179 Fax: 248.544.1191 1. Introduction History of Tort Reform in Michigan Michigan was one of the first states
Central LHIN Governance Manual. Title: Whistleblower Policy Policy Number: GP-003
Central LHIN Governance Manual Title: Whistleblower Policy Policy Number: GP-003 Purpose: Originated: September 25, 2012 Board Approved: September 25, 2012 To set out the LHIN s obligations under the Public
A Risk Management Standard
A Risk Management Standard Introduction This Risk Management Standard is the result of work by a team drawn from the major risk management organisations in the UK, including the Institute of Risk management
Code of Ethics for Professional Accountants
COE Revised May 2015 July 2015 Effective on 1 January 2011 (including subsequent amendments as indicated) Code of Ethics for Professional Accountants COPYRIGHT Copyright 2015 Hong Kong Institute of Certified