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Key risk trends for directors and officers in 2023

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Which are the main factors driving the possibility that a company and its board of directors may be sued by investors or other stakeholder groups in 2023? A poor financial performance or even insolvency amid economic uncertainty and the prospect of a global recession, a lack of robust cyber security and governance processes, or an inadequate or non-compliant response to environmental, social and governance (ESG) issues are among the key risk trends in the Directors and Officers (D&O) insurance space

Core sections: implementation of the POPI Act 4 of 2013

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After much anticipation and a period of almost seven years it has been officially announced that the core sections of the Protection of Personal Information Act (POPIA) commenced on 1 July 2020 and on 30 June 2021. These core sections took effect on 1 July 2020 and organisations will be allowed twelve months to 30 June 2021 to become compliant with the Act.

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