Regulatory Compliance in a Multi-National Organization
Jack Sorokin, Deputy General Counsel (Retired), Beckman Coulter, Inc, USA
The regulatory environment has changed substantially over the past sixty years. More countries are adopting what at times are conflicting regulatory programs. In addition, communication among regulators has increased. Companies can no longer structure their regulatory compliance programs by focusing on one or two major countries. Counsel today needs to follow a structured approach to evaluating compliance and creating a compliance program. This article suggests key steps to take and identifies some of the major considerations counsel will need to address in this process.
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