Increased competition and tightened regulatory enforcement in China and the global market are bound to present a more complex landscape for companies and their in-housel legal teams worldwide.
Compliance is the thorny, and increasingly globalized, issue in the side of many a corporate counsel. The world’s economic powerhouses are stepping up compliance regulation, and issues involving taxation, corruption and antitrust have overreaching influence across jurisdictions.
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The globalized enforcement landscape makes compliance a costly issue, resulting in more sophisticated internal legal management. General counsel are busy coordinating with their peers and HQ to create regional and global policies that are as mutually compatible as possible.
The sophisticated legal chops needed to succeed in these initiatives have given in-house legal teams a greater role at the table. Counsel in Chinese companies are getting more say in strategic decisions, while their counterparts in multinational companies are seeing an increase of their already significant influence on strategy.
In this section, leaders of three in-house counsel groups, the Association of Corporate Counsel, the Hong Kong Corporate Counsel Association and the China Enterprise Legal Management Research Centre, share their perspectives on the current situation. They reveal observations on the current regulatory and market landscape, particularly where it impacts their work in Chinese enterprises and multinationals with a China connection.
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https://law.asia/expanding-an-in-house-network/
https://law.asia/corporate-legal-affairs-making-their-way-into-a-new-era/
https://law.asia/in-house-counsels-role-in-a-tough-and-changeable-global-market/
