Odyssey by Kalexius

📢 Odyssey by Kalexius is up and ready to go! Odyssey is unique in offering a centralized entity management offering led by senior lawyers with extensive experience in international and comparative law. We are not an accountancy or trust administration company providing corporate governance services on the side. International entity management is the heart of what we do and what we love. We provide seamless entity management services by lawyers, for lawyers to ensure full compliance of our client’s portfolios. Our specialist teams of legal and research experts are located in five global hubs and work closely with premier law firms in-country whenever necessary to ensure transparency and cost reductions to our clients. As part of the Kalexius Group, Odyssey has permanent access to additional legal expertise and project management resources whenever and wherever necessary. #corporategovernance #entitymanagement #inhousecounsel

🌎 Here we go! Nicolas Leroux, Pauline Egret Zimmermann, Daniel Kotsides, JD, CIPP(US) and Matías Barreiro Mazali are in Maryland for our first Society for Corporate Governance’ National Conference. Drop them a line or stop by booth 6 to learn more about our legal entity management services. See you there 👋 #electgovernance #corporategovernance

⏱ Countdown is on for the Society for Corporate Governance National Conference! The Odyssey by Kalexius team is on its way to Maryland to join the US corporate governance community for three days of insights and knowledge sharing. Nicolas Leroux, Pauline Egret Zimmermann, Daniel Kotsides, JD, CIPP(US) and Matías Barreiro Mazali will be on site throughout the event. Stop by Booth 06 to find out more about our services or for a quick catch-up. And don't forget to bring your business card to take part in the Exhibit Hall Bingo for a chance to win a lovely prize. Thanks to Andrew J. Fitzsimons, Tamara Johnson, Mary Dannegger and the whole SCG team for bringing the community together - see you next week! #ElectGovernance #CorporateGovernance #BoardGovernance

Get ready to explore the Society for Corporate Governance 2024 National Conference Exhibit Halll and gain insight on the latest products and services to support good governance. Register today at https://lnkd.in/eKdFWDnm Agenda | Alliance Advisors | AQTION | Athennian | Broadridge | Computershare | Georgeson | CSC | Donnelley Financial Solutions (DFIN) | Diligent | DragonGC | Equifax | EY | ISS-Corporate | Mercator by Citco | Meridian Compensation Partners, LLC | MinuteBox | NACD (National Association of Corporate Directors) | Nasdaq | Odyssey by Kalexius | Persefoni | Platinum Filings LLC | SUCCESSIONapp, LLC | TMF Group | Toppan Merrill | VISTRA | Wolters Kluwer #ElectGovernance #CorporateGovernance #BoardGovernance

📢 Regulatory alert: #Australia's subsidiary information disclosure for public companies In March 2024, the Australian Federal Government passed a new law requiring all Australian public companies to disclose information about their consolidated entities – including their country of tax domicile – in their annual financial reports. The new law modifies the Corporations Act 2001 and introduces the consolidated entity disclosure statement (CEDS), a new component of the annual financial report. The following information should be included in each consolidated entity’s and the parent company’s CEDS: ✔ Entity name ✔ Entity status ✔ Tax status The requirement applies to all public companies, listed and unlisted, and applies for the first time for financial years ending on or after 30 June 2024. 👉 The full update is available at https://lnkd.in/emGefsTB For more information on how to address these developments, get in touch with Pauline Egret Zimmermann or Michaëlla Moongen. #entitymanagement #regulatoryalerts #corporategovernance

📢 Regulatory alert: #Malaysia Companies Amendment Act The Companies (Amendment) Act 2024 (“Amendment Act”) came into force on April 1st 2024 with the aim of enhancing corporate transparency and strengthening the existing corporate rehabilitation framework in Malaysia. A key provision relates to a new framework for Beneficial Owners (BO).   The definition of beneficial owner was expanded from “the ultimate owners of shares, excluding any nominees” to include “a natural person who ultimately owns or controls over a company and includes a person who exercises ultimate effective control over a company”.   Effective April 1st 2024, Malaysian incorporated company are required to obtain BO information from their shareholders. As such, companies are given the power to required disclosure of information if they know or reasonably believes information should be made available.   Companies are also required to maintain a register of BO. This register should be kept at the company’s registered office or any other place within the country, as notified to the Companies Commission Of Malaysia / Suruhanjaya Syarikat Malaysia (SSM) (CCM). The CCM should be notified of any changes to the register.   The BO provisions also apply to foreign companies.   Additional amendments pertain to existing corporate rescue mechanisms. Lastly, four provisions, including one focusing on changes to the content of a company’s annual returns, are due to come into force at a later date. 👉 The full update is available at https://lnkd.in/eSjEgKGP For more information on how to address these developments, get in touch with Pauline Egret Zimmermann or Sandra Chami. #entitymanagement #regulatoryalerts #corporategovernance

✨ On the eve of the northern summer and the southern winter, we want to take a moment to recognize the dedicated and hard-working people who help make Kalexius and Odyssey by Kalexius a success. Since the beginning of 2024, we’ve had the great pleasure of saying thanks to team members across our offices and celebrate their five years with Kalexius. We are very grateful to Valériane Oreamuno, Jean-Marc Panchaud, Daniel Kotsides, JD, CIPP(US), Danielle Okay, Amanda Medine, Jessie C., Lee Maurer, Michael Miller, Rachel Geliebter, Oksana (אוקסנה) Strunsky (סטרונסקי), Aviva Azoulay and Adeline Noury for sharing their energy, kindness and expertise with us. From Denver and Geneva to Jerusalem and Paris, it is a privilege to work with each and everyone of them every day. Next stop, Mauritius! In the meantime, here’s to the next five years 🎉 🥂

🏆 ✨ Today we're celebrating our fifth Chambers and Partners' ranking! The 2024 Chambers NewLaw guide combines Alternative Legal Service Providers and legal tech providers for a more comprehensive overview of the new law ecosystem. Our CEO Nicolas Leroux noted that the latest Chambers’ research confirms that New Law is becoming the norm: "Outsourcing legal work is now an integral part of in-house teams’ activities as they focus on efficiency, strategic matters and delivering value to their business." We're thrilled to have our teams' dedication and hard-work recognized by clients and sector peers. Our sincere thanks to all for your trust and support! 🎉 https://lnkd.in/eq4T3MkU #chambersnewlaw #legalrankings #newlaw

📢 Regulatory alert: EU Corporate Sustainability Due Diligence Directive In April 2024, the European Parliament formally adopted the Corporate Sustainability Due Diligence Directive (#CSDDD) after four years of heated debates. The CSDDD sets out an array of human rights and environmental due diligence obligations for EU and non-EU companies above specific turnover thresholds. Its adoption is an important step toward embedding responsible business conduct in the fabric of large companies. WHO 🇪🇺 EU companies of more than 1'000 employees with a turnover of more than €450 million 🌎 Non-EU companies generating a net turnover of more than €450 million within the EU. WHAT Human rights & environmental due diligence measures in companies' own operations and their chain of activities, including: ✔ Integrating due diligence into policies and risk management systems ✔ Identifying and assessing actual and potential adverse human rights and environmental impacts ✔ Implementing measures to prevent, mitigate or cease any actual or potential impacts, while monitoring and assessing the effectiveness of these measures ✔ Providing remediation to situations affected by actual adverse impacts HOW ⚠ Companies failing to comply with the CSDDD may face financial sanctions from their EU member state. The CSDDD also introduced a civil liability system under which companies could be found liable if they failed to prevent or bring an end to an adverse human rights impact leading to damages. 👉 The full update is available at https://lnkd.in/dnD2M5JU For more information on how to address these developments, get in touch with Pauline Egret Zimmermann or Michael Miller. #entitymanagement #regulatoryalerts #EuropeanUnion #corporategovernance

🏆 ✨ Today we're celebrating our fifth Chambers and Partners' ranking! The 2024 Chambers NewLaw guide combines Alternative Legal Service Providers and legal tech providers for a more comprehensive overview of the new law ecosystem. Our CEO Nicolas Leroux noted that the latest Chambers’ research confirms that New Law is becoming the norm: "Outsourcing legal work is now an integral part of in-house teams’ activities as they focus on efficiency, strategic matters and delivering value to their business." We're thrilled to have our teams' dedication and hard-work recognized by clients and sector peers. Our sincere thanks to all for your trust and support! 🎉 https://lnkd.in/eq4T3MkU #chambersnewlaw #legalrankings #newlaw