Managing Risk and Resolving Crisis

Business risk management and risk modelling - survival of the fittest Hitesh N Patel *Introduction *The development of the corporate governance landscape *Elements of a sound system of internal control Modern-day risk management *Risk management models *Embedding the process *Achieving success Crisis - a business challenge Bill Waite *Introduction *What is a crisis? *Crisis management planning *Crisis management *Notification of external regulators and prosecutors *Crisis resolution *Conclusions The board's role in crisis management John Reynolds *Overview of relevant duties and powers *Crisis management tools *Reporting and control *Dealing with conflicts of interest Civil remedies in crisis situations Keith Oliver *Introduction *An historical perspective: the freezing injunction *The other nuclear weapon *The modern jurisdiction *The overriding objective *The proprietary order *The orders in practice *The Supervising Solicitor as umpire *Tactical considerations Investigative powers Monty Raphael *Introduction *The Department of Trade and Industry *The main investigative powers *What happens after the investigation? *The Serious Fraud Office *The Financial Services Authority *What to do if investigated Communicating with the constituents David Lloyd *Introduction *Developing an effective response strategy *Developing internal and external communications plans *Dealing with the media Conducting international business in interesting times *Introduction *The management of risks to business in cyberspace Bob Fletcher *Risk in Europe's emerging markets Philip Worman *The long arm of the law Bill Waite and Mark Anderson Insolvency Mike Hore *Introduction *The duties of directors to manage and monitor the business *Early warning signs that a problem exists *The company is heading for insolvency - what should the directors do? *Possible solutions The personal implications for directors as 'casualties' of insolvencies Appendices *The Turnbull Guidance Key provisions of the FCPA as amended