Legal Risk Management Forum: Mitigating Risk Across Industries and Jurisdictions

September 14, 2017


Sophisticated enterprises encounter an ever-increasing, constantly changing and endlessly confusing menu of risks as they expand their lines of business, make new investments and enter new geographic markets. Failing to comply with anti-corruption, anti-money laundering, cyber security or data privacy laws and regulations, among many others, is likely to result in financial and reputational loss. However, with the right risk management framework in place, including the proper technologies, models, workflows and processes, and quantitative and qualitative analyses, comprehensive risk mitigation is within reach.

This half-day forum, hosted by the Financial Times and Ropes & Gray, will bring together risk management thought leaders from many sectors, including financial services, life sciences, healthcare, and technology. They will talk about the risks facing their organizations, how responsibility for managing risks is shared across an organization, and share risk mitigation best practices.


Thursday, September 14, 2017
1:30 pm  - 6:30 pm
Andaz 5th Avenue
485 5th Avenue (at 41st Street), New York


1:30pm Registration 

2:00pm Opening Remarks

2:10pm Keynote address:  Cybersecurity… Why We Need To Worry and How To Mitigate Threats  

Most people who get hacked can’t talk about it, but Robby Mook can. As campaign manager for Hillary Clinton, Mook had to navigate one of the most infamous series of hacks in history to secure the organization and respond to daily releases of sensitive information. Mook can help executives of any organization understand why they must personally take initiative on cyber security, how to work with their security team to develop a smart risk management strategy, and what to do if the worst happens. Mook can give technical audiences insight into how to better collaborate with the C-Suite and non-technical audiences important insight into how to navigate a complex world of technical jargon.

2:30pm Presentation: The Compliance Challenge – Managing Legal and Regulatory Risk

Multinational companies are working overtime to cope with an expanding array of new laws and rules governing their activities. Their legal, compliance and risk departments are devoting significant management time and financial resources to ensure they comply with new requirements designed to prevent crimes as diverse as money laundering, bribery, corruption, cyber attacks, intellectual property theft and tax evasion. The Ropes & Gray/Financial Times “Risk Exposure and Management Survey,” the results of which will be announced on 14 September, sheds light on how companies manage these risks – the risks of such crimes being committed by, through or against the company, and the legal, regulatory, reputational and financial consequences. The survey is based on in-depth interviews with in-house lawyers, chief compliance officers, chief risk officers, chief executive officers and other senior executives working in financial services, life sciences, healthcare, technology and other global industries. The findings will be revealed for the first time in this presentation.

2:40pm Networking Break

3:15pm Panel discussion: Developing an Effective Risk Management Framework

Having identified the legal and regulatory risks they face, companies need to develop an effective risk management framework. This framework should include the latest technologies, comprehensive models and processes, and of course the right people, for managing risk. It must also include protocols for shareholder communication to ensure they are given sufficient information on the risks the company faces.

  • What constitutes an effective risk management framework?
  • What risk management models and tools are available to companies to help them comply with all relevant laws, regulations, industry codes and internal principles on:
    • Money laundering, terrorist financing and sanctions busting?
    • Corruption & bribery?
    • Market competition and anti-competitive practices?
    • Corporate governance and corporate social responsibility?
    • Suppliers and contractors?
    • Cyber security, intellectual property and data privacy?
    • Tax evasion?
  • What innovations are taking place in risk management, in terms of its organization, technology, training and financing?
  • How much information should shareholders be given about the risks the company faces and how it manages them?  

4:15pm Dialogue: The Decentralization of Risk Management

In some organizations, a chief risk officer has assumed an important place, reporting directly to the chief executive officer. However, increasingly in the modern multinational corporation, risk is decentralized across operations, with risk management responsibilities delegated to a general counsel, chief compliance officer, chief information officer, chief information security officer and other executives.

  • How and why is risk delegated across operations?
  • How do you decide how much day-to-day risk can be managed at a national or regional level, and what must remain under direct global control?
  • How does the organization ensure that this delegation of duties works effectively and does not expose the company to increased risk?
  • To what extent can risk management be outsourced to an external adviser, such as a law firm or consultancy?  Who manages the outside adviser?

4:50pm Closing Remarks

5.00pm Networking Reception