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21 October 2016 / Dr Tony Harvey
Issue: 7719 / Categories: Features , Profession , Commercial
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Do the right thing

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Post Panama Papers & pre-Brexit: how can we encourage corporate lawyers to behave with integrity, asks Dr Tony Harvey

  • A preventative culture of ethical articulation, education and real world support, which values and rewards integrity and makes good behaviour axiomatic for legal professionalism, should be encouraged.

This year has been lived against the backdrop of seemingly never ending scandals in business and professional services. The year opened with more details emerging of FIFA officials taking kick-backs for votes and further controversy about multi-nationals avoiding taxes through clever corporate arrangements. Easter saw the raid on the offices of Mossak Fonseca following the outrage arising from the Panama Papers. Calls to “do the right thing” have never been louder. In the summer, on 8 June, the European Parliament agreed to set up a Panama Papers Inquiry Committee only to be faced, 15 days later, by the UK Brexit vote. Three days after that the UK Commissioner for Financial Stability and Financial Services, Lord Hill, resigned.

In such a squally climate what can

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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