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Who Owns ESG Today? Second Line Evolution and the Integrated Reporting Imperative

Audit Board

What does “good” ESG governance and strategy look like, and how are companies integrating it with existing risk and compliance governance structures? They feel an increasing urgency to get in place the people, processes, controls, and technologies needed to support reliable, up-to-date, accessible, and auditable ESG reporting.

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Midyear Observations on the 2023 board agenda

Harvard Corporate Governance

The potential benefits of AI will vary by industry, but might include automating various business processes, such as customer service, content creation, product design, and marketing plan development, as well as improvements to healthcare, the creation of new drugs, etc. Increased cybersecurity risks. Crisis readiness and resilience.

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Updating Annual Report Risk Factors

Harvard Corporate Governance

Ten Key Developments to Consider when Updating Annual Report Risk Factor Disclosures. Market Conditions : Changes in global economic conditions, including volatile equity capital markets, may adversely affect a company’s business, revenues, and earnings.

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Cybersecurity Disclosure Requirements: What's Changing in 2023 and How to Prepare

Audit Board

To this end, companies would be required to affirm whether they have a cybersecurity risk assessment program , how it works, how it fits into strategy and planning, and whether it uses (and how it chooses) third parties. In particular, all three require some form of examination to ensure that certifications or statements can be backed up.

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Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update

Reynolds Holding

According to Cornerstone Research, although new filings remain consistent with the first half of 2021, the number of approved settlements is up over 30% from the same time last year, and the median settlement amount has rebounded from the low that we reported in our 2021 Mid-Year Securities Litigation Update. In Coster v. UIP Companies, Inc.

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Wachtell Lipton Discusses Mergers and Acquisitions–2022 and 2023

Reynolds Holding

Most notably, the IPO market for tech companies (and generally) ground to an almost complete halt, with the number of tech companies raising at least $1 billion in their IPOs falling from twelve in 2021 to zero in 2022 and major anticipated IPOs, such as those of Instacart and WeTransfer, shelved for the foreseeable future.

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Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

Although the market for SPAC IPOs has cooled relative to 2021, litigation arising out of SPAC transactions remains active, and courts have started to rule on motions to dismiss in SPAC-related shareholder lawsuits, with several recent decisions finding plaintiffs’ allegations to be sufficient to move forward.