Part 2: Knowing your client and your market is critical to bridge differences when implementing compliance policies

 

See part 1 here

– While there might be cultural differences when setting out compliance policies on companies operating across different markets, the tone at the top is required to implement a culture of compliance across the board.
– Ongoing training, education, and hiring policies are needed to expand the culture of compliance.  
– Clients demand their external counsel to be a business partner in all markets. Clients expert their external counsel to show them business opportunities and also to be the vigilant eye in distant markets
– There are different structures for corporate boards and the liabilities are different across different jurisdictions.

Garcia-Sicilia

Garcia-Sicilia

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