Latin America: The Compliance Challenge

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Latin America: The Compliance Challenge

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Summary

What is necessitated for growing your business  in Latin America? People on the ground are the answer, according to Josie Jardim, GE’s General Counsel for Latin America. Adapting to the environment and culture is a crucial aspect to the success of a company’s growth into Latin America. In this article, Jardim is joined by Isabella Maciel de Sá, Novartis’ Brazil General Counsel, and Andres Otero, the Managing Director of Kroll, to discuss the intricacy and challenges of maintaining GE’s firmly constructed compliance and financial guidelines in South America.

Wednesday, April 13, 2011 - 12:00pm

CONTENT: Blog

WASHINGTON, DC--Latin America took center stage on April 1 in Washington, D.C., at the annual Dow Jones Global Compliance Symposium, which gathers chief compliance, legal and other senior officers of some of the world’s largest multinational corporations. The topic of the moment was: “Doing Business in Latin America: Steering Clear of Trouble.”

“You want to grow in Latin America?” asked Josie Jardim, General Electric’s General Counsel for Latin America to the conference’s audience.  "It’s a fine market. But you have to have people there. You can’t have compliance people in Atlanta. They need to be on the ground.”
 
 
About GE
GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.
 
Citizenship at GE is more than a program or a set of good intentions - it is a full-time commitment built upon cultural behaviors and actions. These actions are integrated with business strategy and have defined goals, strategies and metrics that make it actionable and accountable.
 
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Keywords: Business & Trade | Culture | GE | Government | Kroll | Latin America | Novartis | compliance | growth | social pavement

CONTENT: Blog