Ethical, Regulatory and Whistleblowing Issues for General Counsel and In-House Lawyers

A number of recent scandals have put the role of GCs and in-house Counsel in the spotlight, raising the difficult question as to how GCs can manage the tension between their obligations to act in the best interests of their employer and their regulatory duties. The follow up video and podcast explore further some of the themes discussed by our expert panel, as well as some new perspectives: • An overview of the regulatory regime that applies to GCs and in-house counsel and how this interacts with the contractual duty to employers; • The need to think about support structures/reporting lines for in-house lawyers to protect them from commercial pressures to act in certain way; • Whistleblowing issues for GCs and in-house lawyers – how can a GC/in house lawyer blow the whistle without breaching regulatory obligations of confidentiality/privilege? • Remuneration for GCs and in-house lawyers; does incentivising commercial success put the in-house adviser into conflict? • What are the advantages of having GCs on boards?