Control Risks Forecasts New Reality for Business in 2011 Brought by Emerging Markets, Legislation
WASHINGTON, Dec. 15, 2010 /PRNewswire-USNewswire/ -- Control Risks, one of the world's leading business risk consultancies, today launches RiskMap 2011 – its annual review and forecast of business risk for the year ahead, including regional outlooks, and a rating of political and security risk in 173 countries.
2011 will be marked as a year of increasing national self interest, both politically and economically, as the world's emerging economies use their economic strength and resilience to project global power and influence. In response, the established powers will respond to these new uncertainties by focusing on pragmatic engagement to achieve their geopolitical goals.
Anti-corruption efforts will become the key boardroom agenda point as regulators become ever more vigorous in their pursuit of wrongdoing, armed with stronger legislation in the form of the new UK Bribery Act and the Dodd-Frank Wall Street Reform Act.
Richard Fenning, Chief Executive Officer of Control Risks, comments: "2011 will be a dynamic year on the global stage, with significant implications for international business strategy. Businesses will need to understand and anticipate the impacts of geopolitical competition and co-operation."
The RiskMap 2011 report focuses on the following geopolitical and security trends of particular interest to multinational businesses for the coming year: a re-ordering of geopolitical influence, anti-corruption and intensifying urbanization.
Additionally, Control Risks' report provides regional overviews of Africa, the Americas, Europe and the Middle East and identifies its five "states to watch" in 2011: Iraq, Nigeria, Pakistan, Sudan and Turkey. The first four countries may experience political upheaval, which will impact the investment environment, and Turkey offers strong potential investment returns as it continues to consolidate its strategic position in the Near East.
"Faced with new legislation requirements, businesses will have to actively demonstrate real compliance through the tangled web of joint ventures, agency agreements and distributors that form the cornerstone of transnational businesses," adds Jim Brooks, President and Chief Executive Officer of Control Risks' Americas Region.
About Control Risks
Control Risks is a global risk consultancy specializing in political, security and integrity risk. The company enables its clients to understand and manage the risks of operating in complex or hostile environments. Through a unique combination of services and wide geographical reach and by adopting a close partnership approach with clients, Control Risks helps organizations effectively solve their problems and realize new opportunities around the world. www.control-risks.com.
CONTACT: Christopher Levy, +1-713-920-9414, [email protected]
SOURCE Control Risks
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