Challenges of Being Regulated in Multiple Jurisdictions

2009 Corporate Counsel World Summit
January 26, 2009


Fairmont Waterfront Hotel
Vancouver, BC, Canada

Event participants:

Josh Lewis

Josh Lewis was the moderator for the session titled "Challenges of being Regulated in Multiple Jurisdictions" at the 2009 Corporate Counsel World Summit held by the Canadian Corporate Counsel Association.

Globalization, while a boon to the world economy, has introduced a level of complexity in the area of regulatory compliance that remans a significant challenge for international business. While the specifics of your company's compliance obligations are particular to your industry and business, some common challenges exist.

  • How do you manage multiple - sometimes conflicting - regulatory requirements in different countries?
  • How do you manage regulatory investigations in multiple jurisdictions?
  • How do you respond to charges of regulatory violations in one jurisdiction without attracting the attention of regulators in other countries?
  • How do you protect your corporation and personnel from the use or abuse of long-arm statutes by some jurisdictions?

In the panel session, you take a high-level look at the serious challenge of regulation in multiple jurisdictions and options for effectively managing this complex area of in-house practice.

Panelists include:

  • John Frank, Vice-President and Deputy General Counsel, Office of the General Counsel, Microsoft Corporation
  • Art Bensler, Executive Vice-President & General Counsel, Teekay Corporation
  • Natalie Ochrym, Chief Compliance Officer, Sun Life Financial
  • Sterling Koch, Director and General Counsel - Regulatory and Legal Affairs, TransAlta Corporation