slide1 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
ORY SLONIM LAW OFFICE 2008 PowerPoint Presentation
Download Presentation
ORY SLONIM LAW OFFICE 2008

Loading in 2 Seconds...

play fullscreen
1 / 16

ORY SLONIM LAW OFFICE 2008 - PowerPoint PPT Presentation


  • 74 Views
  • Uploaded on

Risk Management -. preventative medicine in the legal world. ORY SLONIM LAW OFFICE 2008. C. During their usual course of business, company officers are exposed to a wide range of criminal events. The above risks are not insured in any insurance policy.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'ORY SLONIM LAW OFFICE 2008' - jacqueline-simon


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Risk Management -

preventative medicine in the legal world

ORY SLONIM

LAW OFFICE 2008

C

slide2

During their usual course of business, company

officers are exposed to a wide range of criminal events

The above risks are not insured in any insurance policy

Strong linkage between criminal risks and its results to the

financial aspects

Accurate and detailed preparation can minimize the risks

and the exposure to criminal proceedings

ORY SLONIM

LAW OFFICE 2008

C

criminal risk
Criminal risk

The risk of a person or an organization

facing criminal trial as a result of

breach of statutory duty/ failure/

accident that caused a damage to a human being, property or environment

ORY SLONIM

LAW OFFICE 2008

C

operational risk
Operational risk

The risk of loss resulting from inadequate or failed internal processes, people and systems, or from external events

ORY SLONIM

LAW OFFICE 2008

C

slide5

Criminal and operational risks

Conflict of interests

Breach of statutory duty

Failure to report to authorities/ inspectors/ management

Lack of internal control

Breach of secrecy

Industrial accidents, environmental pollution

Money laundering

Breach of trust

Frauds and embezzlements

ORY SLONIM

LAW OFFICE 2008

C

slide6

Legal expenses

Loss of reputation

Loss of clients

The implications

of the criminal and

the operational risk

Financial collapse

Criminal sanction –

imprisonment and fines

Health damages and

loss of human life

Financial claims

ORY SLONIM

LAW OFFICE 2008

C

slide7

Directors and management responsibility to risk management

Policy

Internal control

Risk management procedure

Organizational structure

Prevent of failures

ORY SLONIM

LAW OFFICE 2008

C

the prosecution has to prove its case beyond a reasonable doubt
The prosecution has to prove its case beyond a reasonable doubt

The burden of proof

Taxation/securities

Safety and ecology

Regular criminal trial

Some articles of the law require officers to implement all the reasonable means in order to prevent a crime

The burden of proof is shifted to the defendant to show that he implemented all the reasonable means in order to prevent a crime

ORY SLONIM

LAW OFFICE 2008

C

slide9

The burden of proof

Implement all the

reasonable means

Implementation of internal

enforcement program

Risk management

Supervision, control,

instruction and assimilation

ORY SLONIM

LAW OFFICE 2008

C

methodical event analysis the 5 m model
Methodical event analysis – The 5 ‘m’ model

Management aspects related to the event . E.G: procedures, instruction, supervision and control

Human factors that contribute to the occurrence of the event

Mission

המשימה

Management

Medium

Men

Medium

גורמי סביבה

Mission

Machine

Technological aspects including equipment failure

Factors that help define the mission and adjust it to the capabilities of the executing team

Environmental aspects that contribute to the event

ORY SLONIM

LAW OFFICE 2008

C

slide11

Studying the company's plants and factories

Mapping the main risk factors in each factory

Mapping the company’s factories

Studying the main producing procedures in each factory

Environmental hazards

Safety hazards

* Dangerous sites.

* Inappropriate equipment.

* Risky machines.

* Sites where accidents occurred before. (the ‘m’ model)

* Waste dump sites.

* Air/land pollution.

* Water contamination.

* Leakage of hazardous materials.

ORY SLONIM

LAW OFFICE 2008

C

slide12

Officers and workers

Examination of the organizational and the administrative structure, in order to reveal risks to officers – directors, managers and workers

ORY SLONIM

LAW OFFICE 2008

C

slide13

Activities of officers and workers in the company and the supervision and control of their activities

ORY SLONIM

LAW OFFICE 2008

C

slide14

Confrontation of the company with potential risks as a result of

breach of statutory duties, Including exposure to criminal

procedures in the country and abroad

Laws related to ecology

and environment

Companies laws

The penal law

Laws related to

business licensing

Laws related to safety

ORY SLONIM

LAW OFFICE 2008

C

slide15

OUTSOURCING

Exposure to criminal risks due to contacts with external organizations

ORY SLONIM

LAW OFFICE 2008

C

risk management is better

Risk management is better

than criminal

indictment

ORY SLONIM

LAW OFFICE 2008

C