The shift in the global paradigm means international companies are being stretched to manage both emerging political risks and compliance with stringent legislation and regulations on corporate governance. And there is a crucial link between both elements of risk. Companies now need to respond to political events – which can throw up opportunities as well as dangers – by ensuring business initiatives are not only viable politically, but are also legally safe and preserve reputation.

The increased requirements for risk evaluation and due diligence imposes a growing burden on company legal and security departments. Compliance in all legal respects – including environmental laws and money laundering legislation – has become an important corporate activity.

Clearwater can help companies to reduce the burden they face. It has available global expertise on the management of risk in the oil industry and offers a way for companies to outsource research capabilities that are required to stay on top of events and minimise the legal and political threats in today’s business environment.