Complying with growing global regulatory complexity represents the biggest legal threat to businesses, according to the 2023 State of the Corporate Law Department report from the Thomson Reuters Institute. The report found that 28% of global law departments cite frequency and complexity of regulatory changes as the biggest anticipated risk to their business. Legal Current …
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The Volkswagen Emissions Case Elevates Compliance to the “Front Office”
Recent reputational scandals have thrust corporate compliance into mainstream conversations around water coolers and in break rooms worldwide. The revelations about Volkswagen’s purposeful manipulation of software to circumvent emissions requirements underscores the importance compliance plays in day-to-day operations and how it must be moved from the “back-office” to the “front office.” Wherever the pieces ultimately …
- September 28, 2015
- Alex Cook
60 new regulations added each day, says new study
Global regulators added 14,215 new regulatory announcements in 2011, according to a new study from Thomson Reuters Governance, Risk & Compliance. That’s about 60 new regulatory announcements every working day, and up 16% from 2011. The study says the problem will only grow worse in 2012. Major portions of the Dodd-Frank Act take effect later this year. …
- February 1, 2012
- Susan Martin
