From a practical point of view, more and more listed companies has been purchasing director and officer (D&O) liability insurance for their directors or senior officers to reduce the liability risk of the management during the performance of their duties. At the same time, this is beneficial to...
Act 2013 in the UK, companies are still primarily targeted by corporate fines even though directors have intentionally breached the rules of competition law and this strategy is unlikely to deter directors from engaging with undesirable behaviour which exposes the company to risk of liability and ...
The General Office of the State Administration for Market Regulation (SAMR) has recently released the Circular on Improving the Anti-Monopoly Compliance Risk Alert Mechanism for Concentration of Undertakings (the "Circular"). The...
Continental Heritage Insurance Company is a specialty insurance company providing casualty insurance and surety solutions to protect and enhance businesses operating in innovative and difficult markets.
Country financial risk The ability of the national economy to generate enough foreign exchange to meet payments of interest and principal on its foreign debt. Country risk General Level of political and economic uncertainty in a country affecting the value of loans or investments in that country...
it may be subject to liability and regulatory action, and its reputation and brand value may be damaged. In particular, the increasingly sophisticated nature of cyberattacks, as well as the increasing scale and complexity of the business and infrastructure that can be targeted, make it possible ...
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thereby reducing the risk of illicit activities during company formation. Furthermore, many joint-stock companies are restructured from limited liability companies, where all existing shareholders, including external investors other than the...
1. Limited liability In a private limited company, there is a limited liability, which means the company’s members are not at risk of losing their private assets. If a company fails, the shareholders are liable to sell their assets for payment. ...
A limited company (LC) is a general form of incorporation that limits the amount ofliabilityundertaken by the company's shareholders. It refers to a legal structure that ensures that the liability of company members or subscribers is limited to their stake in thecompanyby way of investments or...