Risk management

View Risk & Compliance by content type:

Practice notes

Precedents

Q&As

Featured Risk & Compliance content

Money Laundering Regulations 2017—simplified due diligence

You may apply simplified customer due diligence (SDD) measures in relation to particular business relationships or transactions which you determine...

Facilitation payments under the Bribery Act 2010

Facilitating the performance of a duty by public officialsFacilitation payments, also known as facilitating or grease payments, are generally small...

What is a solicitor's undertaking?

An undertaking is a commitment by a solicitor to do something. It can be enforced against the solicitor by the courts. Failure to comply with an...

Dawn raid—who can raid my organisation and why?

The UK Government has legislated to permit a number of UK authorities to obtain search warrants to 'raid' a business premises. The potential for a...

Practice notes

Active bribery, passive bribery and bribing foreign public officials

The purpose of this Practice Note is to provide a general understanding of the offences under section 1, 2 and 6 of the Bribery Act 2010 (BA 2010). It...

Produced in partnership with Joanne Kane of Carmelite Chambers 9th Nov

Practice notes

High-risk third countries tracker

This Practice Note lists high-risk third countries identified by the Financial Action Task Force (FATF), HM Treasury and the European Commission as...

9th Nov

In-house

Practice notes

Getting the Deal Through: Merger Control 2021

Jurisdictions coveredThe following jurisdictions are covered in this report:Albania; Australia; Austria; Belgium; Bosnia and Herzegovina; Brazil;...

9th Nov

Precedents

Modern slavery: contract clauses

1DefinitionsModern Slavery Policy•means the Customer's anti-slavery and human trafficking policy as set out in Schedule [insert] as updated by the...

9th Nov

In-house

Practice notes

AML and counter-terrorist financing—source of funds

Source of funds and wealth was a key focus of the SRA’s Preventing Money Laundering and Financing of Terrorism thematic review, published in March...

9th Nov

In-house

Practice notes

Introduction to retained EU law

This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...

9th Nov

Brexit

Precedents

Standard contractual clauses—set II—controller to controller (Model Clauses)

DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...

9th Nov

Practice notes

Money Laundering Regulations 2017—nominated officer

This Practice Note sets out when organisations must appoint a nominated officer, the duties of the nominated officer and practical steps nominated...

9th Nov

In-house

Most recent Risk management content

Practice notes

Competition law risk management guide—dominant companies

Why you need to manage this riskArticle 102 of the Treaty on the Functioning of the European Union (and the UK national equivalent, Chapter II of the...

Produced in partnership with Andrij Jurkiw of Womble Bond Dickinson 25th Nov

Practice notes

Competition law risk management guide—non-dominant companies

Why you need to manage this riskArticle 101 of the Treaty on the Functioning of the European Union (TFEU) (and its UK national equivalent—Chapter I of...

Produced in partnership with Andrij Jurkiw of Womble Bond Dickinson 25th Nov

Practice notes

Data protection risk management guide

Brexit: As of exit day (31 January 2020), the UK is no longer an EU Member State, but it has entered an implementation period during which it...

19th Nov

Practice notes

Pandemic risk management guide

The extent of the restrictions imposed by regulators or government will largely dictate the nature of the risks that you need to manage for your...

Produced in partnership with Elizabeth Bourlet 18th Nov

Practice notes

Exclusion and limitation of liability—business-to-consumer

Brexit: This Practice Note has been updated to reflect the position as of 1 January 2021. Note that retained EU law and Brexit SIs referred to in this...

10th Nov

In-house

Practice notes

Exclusion and limitation of liability

This Practice Note considers exclusion and limitation of liability in business-to-business (B2B) contracts. It provides guidance on the common law and...

4th Nov

Scottish Law

In-house

Precedents

Claims register

This Precedent claims register can be used to keep a record of any ongoing claims against the business and keep track of your litigation risks. You...

19th Oct

Precedents

Decision-making guide

1Introduction1.1This Decision-making guide (the Guide) sets out our organisation’s approach to decision making and covers:1.1.1why we have implemented...

16th Oct

Precedents

Decision scorecard

This Precedent Decision scorecard (also known as a decision matrix) can be used to evaluate the alternative decision options you have identified...

15th Oct

Precedents

Organisational decision levels (RACI) framework

This Precedent Organisational decision levels framework can be used for establishing decision making authority in each area of your organisation. This...

15th Oct

Precedents

Decision-making—alternative option analysis

1Your detailsName[insert name]Role[insert role]Department[insert department]Date[insert date]2Decision detailsWhat do we need to make a decision...

15th Oct

Precedents

Decision-making framework

This Decision-making framework should be used in conjunction with our Decision-making guide which sets out our organisation’s approach to decision...

15th Oct

Precedents

Decision-making process flowchart

This flowchart illustrates the nine key stages in a decision making process and

15th Oct

Practice notes

Creating a decision making framework

Hundreds of decisions are made every day that are taken effectively and implemented well. But there are also decisions made that may seem confused,...

15th Oct

Practice notes

Identifying and evaluating risk across the business

Lawyers generally have a reputation among business people for being risk averse. In-house lawyers cannot be excessively risk averse—they have to...

15th Oct

Practice notes

Key business assets risk management guide

Why you need to manage this riskKey business assets are the organisation’s assets which are essential to its continued function and whose loss would...

Produced in partnership with Elizabeth Bourlet 13th Oct

Practice notes

Supply chain risk management guide

Why you need to manage this riskThe outbreak of coronavirus (COVID-19) in early 2020 could be the most significant event to impact the world economy...

Produced in partnership with Elizabeth Bourlet 13th Oct

Precedents

Risk register

Please click for the Precedent risk register.Please note that this register has been prepared in Excel and it therefore cannot be downloaded to...

6th Oct

Q&As

How can I test my business continuity plan?

The BCP is an important part of the overall risk management framework for any firm. It helps ensure the business is able to survive a critical event...

28th Sep

Precedents

Compliance breach register

This Precedent Compliance breach register is designed to help you keep a record of compliance breaches in your organisation. The register forms part...

28th Sep