Managing Multi Regulators
Managing Multi-Regulators
One of the key tasks for a Global Board is managing multi-regulators across many jurisdictions. What may be appropriate in one jurisdiction can be inappropriate in another.
Applying the home regulator’s regulations for each local company, but allowing for the fact that it is part of a Global Group that has to be managed at that level can be fraught with difficulties.
The Global Board needs to manage the Group, its corporate governance and international standards as one and the sooner it is agreed which standards to adopt and the appropriate corporate governance with local flexibility to allow for different regulatory requirements the more positively it will affect the bottom-line. The most successful international companies have identified this from the outset and are adept at strategically managing different regulatory requirements.
If your Global Board has not yet achieved the ideal then the time to change the situation is now.
CTP Global supports Global Boards to ensure that they are working at their most effective.
To discuss your Board development and support requirements contact CTP Global now in confidence...
CTP Global – Good Governance: Great Performance
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