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  1. Innovation
    1. Davos: winning trust in a digitalised, connected world
    2. Using technology to serve our clients
    3. Finding the balance: human touch versus high tech
    4. Connected Future: a global infrastructure report
    5. ShopBack seals latest major fundraising in Singapore
    6. FinTech reshapes financial services as sector booms
    7. WeWork: pioneering a new way of office working
  2. Anticipation
    1. Portuguese renewable energy sector heats up with EUR 600m Novenergia sale
    2. Tristan completes EPISO 5 fund raise amidst political turbulence
    3. Coty picks CMS as global adviser following beauty parade
    4. E-Procurement sets new commercial tone for EU contractors
    5. New challenges in a changing world
  3. Supporting Growth
    1. Advent seals EUR 1.9bn Zentiva deal as healthcare booms
    2. Liberty sells European assets to Vodafone in EUR 18.4bn mega-deal
    3. Cinven acquires PPF as European pet food market flourishes
    4. Advance takes centre stage with theatre group acquisition
  4. Managing Risk
    1. Protecting trade marks across Europe
    2. Markel takes Hippo to task in complex insurance arrears dispute
    3. New lab services agreements for Honeywell following Homes spin-off
    4. Creating a tax-effective structure for a private equity investment
    5. Climate change liability – new litigation risks
  5. Inside CMS
    1. From China to Chile: cultural differences and the ties that bind
    2. CMS breaks ground with first global tech start up programme, equIP
    3. Facing the future
  6. CSR and Diversity & Inclusion
    1. Helping to achieve a better world
  7. Interviews
    1. Interview with Olga Belyakova
    2. Interview with Jeremy Tan
    3. Interview with Laura Houet
    4. Interview with Ramón Huapaya
    5. Interview with Daniela Murer
    6. Interview with Christopher Jordan
    7. Interview with Herman Boersen
    8. Interview with Sibylle Schnyder
    9. Interview with Clemens Grossmayer
    10. Interview with Robert Stephen
    11. Interview with Mary Allan
    12. Interview with Matias Somarriva
    13. Interview with Denis Redon
    14. Interview with Joaquim Sherman de Macedo
    15. Interview with Eleanor Lane
    16. Interview with Niklas Zaugg
    17. Interview with Joachim Kaetzler
    18. Interview with Andreas Otto

Davos: winning trust in a digitalised, connected world

"We are committed to being better in helping people understand how their information is used."
Sheryl Sandberg
COO of Facebook

At a Davos reception hosted by CMS and the German newspaper DIE ZEIT, Sheryl Sandberg, COO of Facebook, and Christian Sewing, CEO of Deutsche Bank, spoke about their business challenges and the importance of trust  and transparency.

Sandberg defended Facebook’s advertising business model saying, “We do not sell data… we use information to show relevant ads.”  She acknowledged, however, that,  “… we have not done a good job of explaining our business model. We are committed to being better in helping people understand how their information is used.”

Christian Sewing recounted what he first thought when he heard about the money laundering scandal at Danske Bank that captured headlines in 2018:  “It’s disappointing, but you have 92,000 people who are working every day to restructure Deutsche Bank. We got the feedback from regulators that our controls have improved. And if you have this kind  of incident, then you’re disappointed.”

Asked about his reaction to the accusations, Sewing went on to say that, “This is what you have to deal with, what leadership is all about. You collect yourself. You cooperate with the prosecutors. We think that there is no wrongdoing on our side.”

Success of online platforms

In his introduction at the CMS Davos event, Cornelius Brandi said, “Progress in technology is without doubt a positive development. However, we seem to have mixed feelings about online platforms – most likely because they have had, and will continue to have, a dramatic influence on human interactions.”

In a panel discussion, a group of experts agreed that platform businesses create significant value by facilitating transactions as intermediaries and by driving innovation. However, the panellists also thought that platform companies need to act responsibly, especially in regard to data protection.

The panellists urged lawmakers to think globally rather than locally when regulating digital businesses. Craig Dawson (Executive Partner, IBM Automation Platform Leader Europe), Olivier Grémillon (Vice President, Booking.com), Prof. Annabelle Gawer (Chaired Professor in Digital Economy,  Surrey Business School; Director, Surrey Centre of Digital Economy) and Dóra Petrányi (Technology, Media & Communications Partner, CMS) participated in the discussion.

Looking to the future, Dóra Petrányi concluded, “Recent studies show that only 8% of companies will be able to maintain their business models if digitalisation continues at this pace. Regulators around the globe have the difficult task of finding the right balance between supporting innovation and enabling others to participate in the transformation. We have seen one good example in the recent encouragement of co-investment in the telecommunications infrastructure in Europe.”

Key contacts

Cornelius Brandi
Cornelius Brandi
Partner
Rechtsanwalt
Dóra Petrányi
Partner
CEE Managing Director, Head of TMT, Competition, IP, Life Sciences & Healthcare