Financial Crime World

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Effective Compliance Risk Management in Hungary

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Achieving business success in Hungary’s highly regulated market requires effective management of commercial risks and relationships. A Hungarian law firm has developed a solution that helps boards navigate the complex risk landscape.

Enterprise-Wide Approach to Corporate Governance and Risk Management

The firm takes an enterprise-wide approach to corporate governance and corporate risk management, providing a sound understanding of Hungary’s political, regulatory, and legal environment. This approach enables clients to identify potential risks and take proactive measures to mitigate them.

Key Components of the Firm’s Approach

  • Preventive Measures: The firm reviews clients’ planned actions and business strategies in advance for compliance risks.
  • Training and Education: The law firm offers training and simulated education to help clients handle identified issues.
  • Due Diligence Reviews: The firm conducts due diligence reviews of clients’ practices to identify potential areas of concern.

Effective Crisis Management

In the event of a crisis, the firm’s experts are well-placed to represent their clients’ interests before relevant authorities and third parties. This ensures that clients receive the support they need to navigate complex situations.

Investment Protection Practice

Hungary’s Investment Protection practice was set up to meet the increasing need for legal protection of foreign investments in the country. The law firm has developed a cross-practice approach to this often complex and sensitive area, providing comprehensive advice to clients.

Contact Information

For more information about the firm’s compliance risk management services, please contact: