By Adam Turteltaub
Andres Cuevas, Compliance Director LATAM for EmergentCold explains from Chile that for compliance officers to be successful in Latin America they need to stop thinking about Latin America as a whole and start thinking much more about each country and its culture.
And, of course, we must be mindful that each company also has a culture of its own.
To navigate the differences and build consistency, he advocates for having a strong set of baselines rules that are common across your enterprise and the region. Establish what is non-negotiable. But, at the same time, it’s important to work with local leaders to have an understanding of what the local realities are, work with them and respond accordingly when variations are necessary.
Compliance leaders also need to be mindful of the legal requirements of each country. In Chile, for example, he reports that there are more than 250 crimes that the company can be found liable for.
Listen in to learn more about how to navigate your compliance efforts successfully across this diverse region. He also shares what he has learned about managing compliance in a company growing through acquisition.
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