The vast majority of organizations (89%) are facing challenges with legal entity management as they lack necessary resources, modern technology and effective process management. These issues can slow statutory financial statement filing and cause supply chain challenges, lack of deal readiness, reputational risk and director liability. EY Law provides centrally managed, technology-enabled services to proactively and cost effectively support the legal entity life cycle across all jurisdictions where the organization does business.

Examples where clients have used our services:

• Facilitating statutory filings across jurisdictions
• Supporting transaction-related activities (e.g., acquisitions and divestitures)
• Legal entity health checks and transformation reviews
• Building and maintaining legal entity management databases
• During governance model assessment and design

Clients may also benefit from the EY entity compliance and governance platform which offers efficient, self-service access to entity governance data, automated workflow tools, analytics, knowledge and director e-learning. The platform is suitable for mid-market companies lacking a formal entity management program or a large global organization looking to modernize subsidiary governance activities, and is designed to deliver efficiencies, improve control and visibility and enable analytics.

Would you like to know more? Check out our video  https://players.brightcove.net/1066292269001/V1CXro3Ce_default/index.html?videoId=6312890699112.

We would be happy to organize a (virtual) meeting to inform you on these services and technology.

For more information, please contact Lindsey Clare (lindsey.clare@be.ey.com) or Peter Suykens (peter.suykens@be.ey.com).