Legal Risks in the Digital Age: Compliance and Prevention

Effectively prevention legal risks for businesses amidst the digital transformation of the economy is a major challenge. On the one hand, modern digital tools can help ensure proper legal protection for businesses, the successful development of in-house rule-making, as well as the prevention of risks and various types of legal liability. On other hand, the digital transformation of all facets of society and the economy leads to new types of legal risks that must be foreseen and prevented. What is the best way to build a legal risk management system using new digital services? Will the Russian Federal Tax Service’s creation of an open data ecosystem help to effectively manage tax risks? What are some advanced techniques for verifying counterparties and internally preventing bankruptcy risks for businesses? How can we prevent corporate conflicts once foreign businesses start returning to the Russian economy? Is nominal participation archaic in the digital age or a real risk for business? What should be the guiding principles of criminal law compliance? How can we protect intangible assets in the era of digitalization? Are there certain regulatory risks that are not obvious or anything else that should be taken into account?