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ASSOCHAM抯 Bharat GC Samagam 2024

  • 17 May, 2024

An effective and efficient administration of legal and regulatory compliances is key to upkeep the confidence of stakeholders that enables an organisation to outperform in terms of governance, sustainability and gaining competitive advantage. Keeping the organisation on track with evolving requirements of multiple regulators, law enforcement agencies and expectations of creditors, financial institutions and investors is also vital to build a robust assistive infrastructure that drives future investment for a growth and development oriented going concern.  In current scenario, the pressing demand is more on part of regulations pertaining to ESG frameworks, AI- based infrastructure, human resource interface, labour laws, data privacy and protection alongside protection of trade-secrets and ensuring that there are no economic espionages to the organization.

Towards meeting the yearly budgets, the contribution to the economic agenda of the organizations and country as a whole is a primary concern and amid all the most legal complexities, the expectations remain centered around General Counsels being the key functionary. General counsels are becoming strategic  partners, and they are working collaboratively with other c-suite members to identify and solve problems. GCs are increasingly concerned with a wide range of intensifying risks for which they are primarily responsible, including persistent data risks, expansive regulatory enforcement and privacy and security issues. Unfamiliar risk vectors are arising as well, including new types of employee-related disputes and ESG considerations. The impact of increasing regulatory oversight, stricter competition enforcement, new compliance requirements and rapidly changing global regulations are making it harder for GCs to fulfill their core risk management function.

ASSOCHAM's Bharat GC Samagam 2024 aims to address various such challenges faced by the GCs and to discuss the opportunities ahead while staying committed to keep the organisations' flag high. The platform brings together legal minds to engage in thought-provoking discussions, share experiences, and collectively work towards strengthening the legal framework in India.



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