Control Risks

Indonesia will announce the official results of its presidential elections on March 20. Pro-business ex-defence minister Prabowo Subianto looks set to win the presidency outright, avoiding a run-off in June.  Longtime followers of Indonesia will know Prabowo as an unpredictably belligerent general and the son-in-law of authoritarian President Suharto, who in the late 1990s was banned from the US and fired from the Indonesian army for allegations of human rights abuse. How did Prabowo get elected and what should businesses expect from him?  Angela Mancini, Partner, speaks with Achmad Sukarsono, Associate Director and Indonesia Lead Analyst based in our Singapore office, about what a Prabowo presidency would look like and how the business risk landscape in Indonesia is expected to change.   Find more of our analysis on South East Asia here.

India is often regarded as sitting in a geopolitical sweet spot. The country is seen as a rising power on the global stage as well as an ally to several Western states. All eyes will be on the country in April and May 2024 as India heads to the polls in its upcoming general election, which will see 900 million people cast their votes. While no surprises are expected, the outcome will set the tone and direction for businesses operating in India for the next 5 years. But the general election will likely not derail India’s growth agenda. India’s Vision 2047 document, expected to be formally unveiled this year, will lay out a path to elevate India’s economy from a gross domestic product of USD 3.4 trillion to USD 30 trillion by 2047. Alongside incentives to drive investment and the opportunities that come with a large, aspirational consumer market, businesses should also expect inefficiencies and obstacles to doing business; myriad climate challenges; a massive digital infrastructure vulnerable to threat actors;

The yearlong buzz and panic following the launch of Chat-GPT has given way to the nuts and bolts of implementation. For companies large and small, from developers to end users, the question is: what’s at stake? Join Nicolas Reys, Steve Sacks, and Caitlin Egen, experts based in New York, DC, and London, respectively, for a conversation about the work they’re doing with clients who are weighing the risks and opportunities of implementing AI – from assessing vendors to tracking regulation.

Investing in African Mining Indaba is a staple in the mining industry’s calendar. Once again, attendees from all over the globe met to discuss and explore the latest trends and developments in Africa’s mineral industry under the theme “Embracing the power of positive disruption: A bold new future for African mining”. Join Wayne Malgas for a conversation with Jon Greenaway and Vincent Rouget, experts in our Sydney, Johannesburg and London offices, respectively, as they discuss the main issues from this year’s Mining Indaba, which include topics around critical minerals and resource nationalism.

Critical minerals are a hot topic right now, but most people don’t realise how truly critical they are until there is a restriction on their use. Critical minerals drive AI, the cloud, the energy transition – but they also power our phones, keep the lights on, the dishwasher running. The US defines critical minerals as those which serve an essential function in one or more energy technology, and which are at high risk of supply chain disruption. Securing access to them is existential.   Claudine Fry, Director of Control Risks’ Global Issues team, chats with Stephen Norris, a Partner in Control Risks’ Tokyo office, to discuss the current critical minerals down-cycle, geopolitical dynamics, and how he anticipates regulation and investment in the sector will evolve. Find out how we can support your organisation.

Just as the shipping industry was recovering from years of pandemic disruption, its vulnerability has been laid bare yet again. This time the extra costs, delays and clogged berths are compounded by destroyers, drones and a higher-octane geopolitical tension. Growing insecurity in the Red Sea is a reminder that geopolitics underpins global trade and can threaten it as easily as it can uphold it. Join Control Risks Partner Claudine Fry for a conversation with Control Risks' experts Cormac Mc Garry and Arran Kennedy about why businesses need to be paying attention what’s happening in the Red Sea -- and not just to the near-term risk -- and not just to the near-term risk.  

2023 felt like an uneven, transitional year. Global inflation has fallen sharply, and supply chains have recovered without a major economic crisis. But overwhelming geopolitical volatility, including ongoing conflicts in the Middle East, Europe and the Sahel, as well as a looming swathe of elections worldwide haunts any attempt to paint an overly rosy picture. 2023 also saw the emergence of a new multipolar world order as Middle Powers flexed their muscles and leaps in AI supercharged just about everything. Businesses must be ready to monitor and adapt. What’s next? Join Control Risks Partner, Claudine Fry, for a conversation with Control Risks experts Jonathan Wood, a Principal in our Global Risk Analysis team based in the US, and Andrew Gilholm, a Principal in our Global Risk Analysis team based in South Korea, as they examine the key events and trends from 2023 and what these mean for the year ahead. For more on what businesses need to watch in 2024, check out RiskMap, Control Risks’ annual forecast of bus

The UK Supreme Courts’ recent decision to rule that many litigation funding arrangements are damages-based agreements and must therefore comply with relevant regulatory regimes has received a lot of attention, posing questions on what it means for the litigation funding sector.   Join our host, Aakash Brahmachari for a discussion with Control Risks’ Partner, Ramon Ghosh, J-P Pitt, Partner at Hereford Litigation and Fraser Mitchell, Partner at Armstrong Teasdale as they unpack what the UK Supreme Court’s recent decision on funding arrangements means for the litigation funding sector, its implications on ongoing matters, and how it impacts the future of the funding sector.    Find out more about our Litigation and Dispute services.  

Indonesia just closed its presidential candidate registration on 25 October, 2023. After much anticipation, voters finally have confirmation that there will be 3 presidential pairings set for the Valentine’s day vote next year, which is unlikely to produce a winner with a majority of the 200 million votes up for grabs. As current president Joko “Jokowi” Widodo is unable to run for a third term, businesses and investors can expect to see policies accelerating his legacy projects from now until the inauguration of the new president in October 2024. Angela Mancini, Partner, speaks with Achmad Sukarsono, Associate Director and Indonesia Lead Analyst based in our Singapore office on what businesses can expect between now and October 2024, and how they can be prepared for the new presidency. Visit our Indonesia Elections page to find our latest analysis on the presidential race, or subscribe to our South East Asia updates to get them straight to your inbox. If you are looking for more analysis across the Asia-Pacif

Geopolitical turbulence is shaping trends in ESG regulation and enforcement globally. Indeed, the significant role geopolitics is playing in driving business risk and determining commercial success for companies has prompted some discussion about whether the “G” in ESG should be focused on “geopolitics” rather than “governance”. Join Claudine Fry as she sits down with Control Risks experts Gabriel Brasil and Shikha Kher to explore how a better understanding of the interplay between geopolitics and ESG is key to proactively managing compliance and taking advantage of emerging, associated opportunities. Find out more about how we're helping organisations mitigate risk and seize opportunity in the ESG space. 

Understanding the culture norms of a counterparty is not only advantageous on the road to settling a dispute but is also important to avoid any potential mishaps on the negotiating table.   Join our host, Christine Soon for conversation with Managing Partner for Developing Global Leaders Asia, Zsuzsanna Tungli in our latest installment of In Re’s Negotiation series as they discuss cross-cultural differences in communication styles, the cultural factors that have the most impact on a negotiation as well as how to resolve cultural differences when trying to reach a settlement.  Find out more about our Litigation and Dispute services.   

In some cultures, silence may be viewed as a sign of respect or thoughtfulness whilst in others, it may be seen as a lack of engagement, disagreement, or discomfort.   Misinterpreting different cultural norms can lead to misunderstandings and assumptions on the negotiation table.  Join our host, Christine Soon for conversation with Managing Partner for Developing Global Leaders Asia, Zsuzsanna Tungli in our latest instalment of the Negotiation Series as they discuss differences in communication styles between parties and how to resolve cultural differences when trying to reach a settlement.  For more information on how we can support your organisation at every stage of a dispute, download our Disputes Advisory Brochure.      Find out more about our Litigation and Dispute services.   

The Middle East is changing rapidly, with consequences for sport, culture, politics, energy and economics. This is particularly true for the Gulf states. Join Control Risks Partner Claudine Fry for conversation with Control Risks Senior Analyst Niamh McBurney about the evolving power dynamics, global influence and business landscape of the Middle East.  Visit controlrisks.com to find out how we help businesses mitigate risk and seize opportunity.

After the US Department of Justice (DOJ) updated its guidelines for compliance in 2020 to include the use of data analytics, many companies have been contemplating how to integrate analytics into their compliance and audit programs. While Asian regulators are currently less stringent in their guidance, it is highly likely that others will follow suit, and companies both inside and outside Asia need to be prepared. In this episode, Angela Mancini, Partner talks to Allanna Rigby, Partner and regional head for Control Risks’ data analytics in EMEA and Asia Pacific on how compliance officers, audit teams, and risk teams can embrace the use of data and analytics to adhere to regulations, even when they think that that have “bad data”. Interested in our analysis? Visit Our Thinking to learn more. For more insights across the Asia-Pacific region, please subscribe to our Asia In Focus podcast.

The Africa Risk-Reward Index – produced jointly by Control Risks and Oxford Economics Africa – is an authoritative guide for policy makers, business leaders and investors that illustrates the evolution of the investment landscape in major African markets and provides a grounded, longer-term outlook of key trends shaping investment in these economies. Although a polarised world poses serious risks for Africa, the continent has proved resilient time and time again, presenting significant opportunities. For African countries and investors, the time is now.    Join  Patricia Rodrigues, Associate Director Africa, for a discussion about the Index with Tristan Gueret, Senior Analyst; Rose Mumanya, Analyst; and Jacques Nel, Head: Africa Macro,  at Oxford Economics Africa.  

In this episode of our podcast series on insider risk, Catherine Marinis-Yaqub is joined by Pete Marta, a partner in Hogan Lovells’ Cybersecurity Practice in New York City.    Establishing and operating an insider risk management program can often be a daunting and overwhelming experience for companies, and our speakers delve into the challenges facing insider risk programmes and how organisations can increase engagement throughout their organization, confront sensitive issues such as employee privacy, and why insider risk is, at the end of the day, a “team sport”.

In this episode of our podcast series on insider risk, Catherine Marinis-Yaqub is joined by Doug Thomas, the Managing Director for the Threat Detection and Analysis Office at JP Morgan Chase. Establishing and operating an insider risk management program can often be a daunting and overwhelming experience for companies, and our speakers delve into the challenges facing insider risk programmes and how organisations can increase engagement throughout their organization, confront sensitive issues such as employee privacy, and why insider risk is, at the end of the day, a “team sport”.

Cross border disputes often lead to offshore jurisdictions where limited information is available to investigators.  Join our host, Aakash Brahmachari for a discussion with Joel Seager, Partner at Fladgate LLP and Jagdish Menezes, Counsel at Quinn Emanuel on how investigators can work alongside lawyers to identify opportunities and obtain information via disclosure applications – a powerful tool in an any investigator’s arsenal.    Find out more about our Litigation and Dispute services.    

In the new world order, middle power countries like Brazil, Turkey, India, and Egypt, are poised to be a significant force. These are countries capable of playing key strategic roles internationally or regionally, with natural resources, demographic advantages or historic links at their disposal.  Join Claudine Fry for a conversation with Control Risks experts Gabriel Brasil and Patricia Rodrigues for a conversation about what makes a country a middle powers, what makes them a force on the geopolitical stage, and why understanding them matters for business. Find out more about how we can support your business.

Control Risks and Americas Society / Council of the Americas (ASCOA) recently put out the fifth edition of the Capacity to Combat Corruption (CCC) Index. The report assesses Latin America’s ability to detect, punish, and prevent corruption.  In this episode of Americas in Focus, Control Risks experts Gavin Strong, Alejandra Soto, Laura Lizarazo and Mario Braga discuss what the report tells us about three key countries in the region: Mexico, Brazil and Colombia.  Download the full report here.