E&C functions are challenged with ensuring their organizations are staying on top of the new, emerging and changing regulatory requirements that apply to their businesses. In addition, having visibility to the range of enforcement activity that might be relevant in their industry is difficult. The complexity increases exponentially as organizations enter new business areas or jurisdictions.
This Benchmarking Group would study and provide ideas on how E&C functions can accomplish this within their resource constraints. Amongst other topics, we will explore:
• Roles and responsibilities for regulatory information/intelligence/tracking (including the roles of Legal, business, IA and E&C)
• Technology tools to support the efforts
• Processes and policies that are efficient and effective
Bobby Kipp is a partner in her firm’s Risk Assurance Practice and a former E&C practitioner. Kipp specializes in helping organizations assess and improve their E&C programs. Monitoring the regulatory environment is an essential element of her efforts to inform clients’ priorities.
Scott Jensen is with QVC, the world’s leading video and e-commerce retailer. In 2014, it shipped more than 174 million products, worldwide. As associate general counsel, Jensen is acutely aware of the need for regulatory intelligence, given the many regulations affecting his company.