With only four months left for Canadian publicly listed companies to fully convert to the International Financial Reporting Standards (IFRS), about half will have to rush to meet the deadline, says a recent study. And the race to the Jan. 1, 2011 conversion will also involve a lot of input and changes from the companies’ lawyers.
- Businesses face tougher penalties, shorter periods of employment
In-house lawyers have increased the use of social media in their professional lives, and these tools are now a factor in making business decisions, says a recent American study.
New regulations and aggressive enforcement by American authorities of anti-bribery regulations will increase pressure on many Canadian companies operating in North America and overseas, say securities lawyers.