Regulatory & governance services
Respond to risk, recover from risk and mitigate risk
Regulatory issues arise where a business is subject to legal obligations overseen by a regulator and concerns are raised about its compliance. This might follow an incident, complaint or inspection and can lead to investigation, enforcement action or prosecution. The regulatory framework is wide ranging and complex, and regulatory action often involves detailed examination of systems, decision-making, oversight and accountability within the organisation. The consequences of non-compliance can be serious, including financial penalties, enforcement action, reputational damage and, in some cases, criminal liability. We work with businesses to navigate those difficult situations, and help them respond to regulatory issues as soon as they arise, to manage their impact and to put effective measures in place to reduce the risk of recurrence.
Running a business is a risky undertaking – businesses operate within complex regulatory frameworks and with that comes risk. You might face regulatory investigations or crisis scenarios, and in those situations, decisions need to be made quickly. You need to protect your interests and minimise any fall-out from enforcement authorities, litigation or reputationally in the marketplace. This is where we can help. We can give you practical advice to help you effectively address the risks, assess your options, protect your reputation and ensure financial and operational stability. When an incident occurs, early intervention, quality advice and long-term support can stop an investigation from escalating or massively reduce its impact and cost.
Our nationwide team have significant experience and expertise to provide immediate strategies and solutions. We guide our clients through regulatory investigations and will always try to persuade the investigating authority not to prosecute. In the event that a prosecution does proceed, we support our clients through that process and represent their interests in court.
Once the outcome of an incident is known, whether following an investigation, enforcement action or other regulatory process, businesses often need support managing the consequences and ensuring the business can bounce back. Our expert team work with businesses on an ongoing basis after an incident, to implement an effective recovery strategy which builds on lessons learned to prevent reoccurrence. We seek to ensure that the company’s risk management systems are robust and provide recommendations and guidance on improving ongoing operations.
Once the dust has settled, the last thing most businesses want to do is spend any more time than they need to on a crisis. But that’s exactly the time to work with our experts to proactively identify gaps in processes, training and culture across the business, to reduce the likelihood of other incidents occurring.
In today’s business environment, it is imperative to think strategically and proactively to identify potential risks before they develop into crises. We offer a comprehensive, bespoke risk review service to help to interpret regulations, look for gaps, conduct stress testing and assess a business’s response across all key regulatory risk areas. We are always horizon scanning to identify potential threats and help you build long-term operational resilience.
Ruth Armstrong is – in my view – one of the top HSE defence solicitors currently practising. Commercial, savvy, and tough.