Welcome to the 28th issue of our Newsletter ‘Beyond Compliance’

“Shareholders are going to hold boards more accountable. There will be wholesale changes at many big companies whose boards and management fail to deliver and do not act,” Daniel Strachman,  co-founder of the Investment Management Due Diligence Association and managing partner of A&C Advisors, said via email. “Norway’s sovereign wealth fund, the world’s single largest investor, has warned company directors it will vote against their re-election to the board if they do not up their game on tackling the climate crisis, human rights abuses and boardroom diversity.” 

In addition, one year on from the inception of the war in Ukraine and the unprecedented barrage of sanctions that followed, the focus now shifts from the initial interpretation and implementation of multiple complex sanctions provisions to the identification of red flags on sanctions evasion.