Editing Shell plc
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Shell operates in more than 70 countries that have differing degrees of political, legal and fiscal stability. This exposes the company to a wide range of political developments that could result in changes to contractual terms, laws and regulations. Shell and its joint arrangements and associates also face the risk of litigation and disputes worldwide.<ref name=":0" /> | Shell operates in more than 70 countries that have differing degrees of political, legal and fiscal stability. This exposes the company to a wide range of political developments that could result in changes to contractual terms, laws and regulations. Shell and its joint arrangements and associates also face the risk of litigation and disputes worldwide.<ref name=":0" /> | ||
=== Operational risks === | === Operational risks === | ||
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Many of the company's major projects and operations are conducted in joint arrangements or with associates. This could reduce Shell's degree of control and its ability to identify and manage risks.<ref name=":0" /> | Many of the company's major projects and operations are conducted in joint arrangements or with associates. This could reduce Shell's degree of control and its ability to identify and manage risks.<ref name=":0" /> | ||
=== Conduct and culture risks === | === Conduct and culture risks === | ||
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Violations of trade compliance laws and regulations, including sanctions, carry fines and exposes the company and its employees to criminal proceedings and civil suits.<ref name=":0" /> | Violations of trade compliance laws and regulations, including sanctions, carry fines and exposes the company and its employees to criminal proceedings and civil suits.<ref name=":0" /> | ||
=== Other risks === | === Other risks === |