In this blog (originally published in June 2020 by our partner firm Periculum Associates Limited), we discuss the growing business concern of social risk, exacerbated by the rise of nearly instant global communications and the ability of social movements to go viral.

In this second part of the Weakest Link Series of blogs (originally published in April 2020 by our partner firm Periculum Associates Limited), we discuss how you can mitigate risks in the Contract and Onboard stage of the Third-Party Lifecycle.

Chris Thackray of Periculum Associates and Bill Bandon of Hubashisan Solutions sat down to answer questions about the current political climate surrounding Brexit and how companies can prepare for what’s to come.

No matter which Brexit scenario plays out, the continuing political risk after Brexit is ample cause for a company to review and inventory its contractual risks and potential liabilities arising from its material contracts.

Without certainty of which Brexit scenario will ultimately play out, given its likelihood, how should you prepare for a no-deal Brexit if you’re a business in the UK?

With the vagueness of future policies, how does a business prepare for this type of unpredictable or fundamentally unknowable event?