One area of law that has received enormous attention in the international business community the past several years is the Foreign Corrupt Practices Act. The sheer amount of FCPA material out there is staggering. Just Google "FCPA" and you'll see what I mean (over 1,200,000 results generated). For anyone trying to keep up with the latest FCPA developments, it can all … [Read more...]
Switzerland Passes Tough Executive Pay Rules.
With all the talk about executive pay here at home, it’s interesting to note that Switzerland just passed a set of tough executive pay rules. The new rules allow shareholders at Swiss-listed companies a binding vote each year on the total compensation of boards of directors and senior management, as well as a total ban on "golden parachutes" and executives being paid … [Read more...]
International Carbon Exchange Markets. A Long Way to Go.
I’m on my flight back from Washington D.C., where I spent the last two days visiting with the White House and with members of Congress. The reason for my visit was to discuss the potential for an international carbon exchange market. It’s a hotly contested issue (so to speak) that has generated a great deal of controversy in the U.S. The concept of an international carbon … [Read more...]
International Licensing: An Alternative to Forming a Foreign Corporation.
I received some feed back in reference to yesterday's post, The 5 Key Factors You Must Consider When Establishing a Foreign Corporation. It seems I left some readers with the impression that forming a foreign corporation was not worth the risk given all the legal issues that must be addressed. While I did not intend to scare anybody who is considering establishing a … [Read more...]
The 5 Key Factors You Must Consider When Establishing a Foreign Corporation.
The other day I received a call from someone looking to form a corporation in Brazil. This person was shocked to learn that Brazil is among the most difficult countries in the world in which to incorporate a business. In fact, according to the World Bank’s annual Doing Business Report, Brazil was ranked no. 121 in ease of starting a business. … [Read more...]