Meeting the Challenges of European Union Anti-trust Compliance with Technical Innovation

January 2012

Abstract

To paraphrase an old adage – “God could not be everywhere all the time, that’s why he invented regulators”! However, as most legislators and regulation draftsmen would have it, their aim is to guide more socially and economically responsible behaviour, rather than to find another excuse for increased enforcement extending from straightforward fines to more draconian powers of Senior Director imprisonment, as evidenced by the UK’s July 2011 Bribery Act. In a speech on 11th October 2011, the European Commission Director General of DG Competition, Alexander Italianer, stressed zero tolerance for international cartels. In so doing, he recognised the need for more effective detection tools as it uses forensic IT searches more frequently. However, while the powers given to the EU Commission, as well as national regulators - such as the UK Office of Fair Trading - are increasing, so too are the instances of leniency for proactivity.

Author

David Kemp

xecutive Director of Legal Policy, HP Autonomy, UK

DAVID KEMP Business Development Manager, HP Autonomy David contributes to business development in EMEA for HP Autonomy. He provides experience and guidance to senior corporate officers to address current and future Information Governance challenges. By profession he is a Solicitor of the Supreme Court of England and Wales, having obtained a Masters Degree in Law from Oxford University. After 5 years of private practice with London law firms, he joined the Political Risk Insurance arm of what is now part of the Aon Global Insurance Group – as sales executive in 1980. After 10 years in insurance, in 1990 he was asked to join ABN AMRO Bank as a Corporate Banker, heading up 3 departments over 11 years. Then in 2001, he became the Legal & Compliance Business Manager at ABN AMRO / RBS. In the last decade at the bank, he has created a number of influential cross-industry market groups for setting self-help regulatory bench-marks in areas such as Fraud, Anti-Money Laundering, Legal Intelligence, Records Management and other areas of Investment Banking. He joined HP Autonomy in March 2010 to provide a client perspective on the issues and potential software solutions especially in relation to unstructured data. While his main focus is on corporate governance, risk management and defensibility, he also addresses requirements ranging from business analytics and records management through to social media governance and market optimisation Contacts: E-mail: kemp@hp.com Telephone: +44- (0)-7867-558-680 Office : 88 Wood Street London EC2V 7QT

Company

HP Autonomy

HP Autonomy Founded in 1996, HP Autonomy is an unstructured data information governance specialist within the Software division of Hewlett-Packard since 2011. Its market-leading algorithmic approach to multi-channel, multi-lingual, multi-format data enables collation, indexing and conceptual analytics of high volume complex data. It enables all types of industries and government to manage Big Data for example in terms of: • Information analytics, trend prediction and the monetisation of valuable data flowing through organisations • Due diligence and on-boarding of new clients or market counter-parties • Records management and automated application of deletion policies • Corporate Governance surveillance and enforcement of corporate, regulatory and legal policies • Defensibility against commercial litigation as well as criminal and regulatory investigation at speed with delivery of privilege protected documentation and early case assessment • Optimisation of customer data to discover sentiment, demand, and issues arising from social media.

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Roy Girasa

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Meeting the Challenges of European Union Anti-trust Compliance with Technical Innovation

Abstract

Author

Company

HP Autonomy

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