The legal risk is the risk of amendments to and compliance with laws and regulations. The legal risk further includes the potential undermining of the legal status of the fund, as well as contract terms being unenforceable or not correctly documented. In order to control the legal risk, PNO Media has identified all relevant legal risks and developments in relation to its operations, products and contracts. The fund has legal expertise and also obtains this as a standard when drafting contracts and regulations and in the event of substantial transactions. With regard to more complex affairs, advice is also obtained from specialised external legal experts. A staff member has been appointed within the executive organisation who supervises compliance with laws and regulations relevant to PNO Media.
The legal risk is the risk of amendments to and compliance with laws and regulations. The legal risk further includes the potential undermining of the legal status of the fund, as well as contract terms being unenforceable or not correctly documented. In order to control the legal risk, PNO Media has identified all relevant legal risks and developments in relation to its operations, products and contracts. The fund has legal expertise and also obtains this as a standard when drafting contracts and regulations and in the event of substantial transactions. With regard to more complex affairs, advice is also obtained from specialised external legal experts. A staff member has been appointed within the executive organisation who supervises compliance with laws and regulations relevant to PNO Media.