Sentences with phrase «high levels of corruption risk»

Bill Waite, Group Chief Executive Officer of The Risk Advisory Group said, «High levels of corruption risk need not preclude a market from a company's expansion plans for 2017.

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In no particular order these included: a dysfunctional bankruptcy framework; an immature domestic capital market; withholding taxes on foreign capital; corruption (particularly at the state level — the Modi government has made progress at the federal level); policy and renegotiation risks (a number of legacy and high profile tax eases are yet to be resolved); land acquisition costs (and legal risks); and, the need for tax reforms.
Corruption risks are also high because of the level of complexity, uncertainty and novelty that surrounds many climate issues.
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