FTSE leaders and the rule of law – Jan 17

We’ve promoted the launch of The Bingham Centre for the Rule of Law’s new Business Network this month – which has the full backing of seven FTSE100 leaders. Lord Thomas of Cwmgiedd, The Lord Chief Justice, welcomed the initiative and encouraged other leading global companies to get involved. The story has been featured in The Times, The Times Brief, The Lawyer, The Law Society Gazette, Bloomberg Law, New Law Journal, Lawyer Monthly and The Global Legal Post.

The Bingham Centre’s new Business Network, chaired by Graham Vinter, formerly of BG Group, will support the think tank’s global initiatives on rule of law whilst identifying and addressing specific challenges in the countries where they operate.

In a recent survey conducted by the Economist Intelligence Unit for The Bingham Centre, the majority of executives surveyed had in the past five years experienced several failures of the rule of law in countries in which they had invested.

Graham Vinter, Chairman of the Business Network, said:

“As multinational companies develop their supply chains and markets both at home and around the world, they are encountering a complex set of legal risks including contractual enforceability, regulatory predictability and bribery and corruption in all its forms, none of which can be addressed without the rule of law. We hope that other companies will support this important initiative, enabling us to have an even greater impact on the operation of cross-border trade and investment and the stability of commercial arrangements.”

Hitting the Headlines

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compass FTSE leaders and the rule of law – Jan 17