Apac
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    DevOps

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    IT Services

    Marine Tech

    Networking

    PropTech

    Remote Work

    Robotics

    Scheduling Software

    Sensor Tech

    Simulation

    Smart City

    Software Testing

    Startup

    Storage

    Unified Communication

    Web Development

    Wireless

  • Automotive

    Banking

    Capital Market

    Construction

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Gov and Public

    Healthcare

    Insurance

    Legal

    Logistics

    Manufacturing

    Media and Entertainment

    Metals and Mining

    Pharma and Life Science

    Retail

    Sports

    Travel and Hospitality

  • CISCO

    Google

    IBM

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Collaboration

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Digital Signage

    Enterprise Architecture

    Enterprise Asset Management

    Enterprise Communications

    Enterprise Contract Management

    Enterprise Performance Management

    ERP

    Facility Management

    Field Service

    Fleet Management

    Gamification

    HR Technology

    IT Infrastructure

    IT Service Management

    Managed Services

    PLM

    Procurement

    Product Management

    Project Management

    RegTech

    Revenue Management

    Sales Tech

Menu
    • Compliance
    • CISCO
    • Collaboration
    • Contact Center
    • Healthcare
    • IT Service Management
    • Microsoft
    • Retail
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • Compliance
    Editor's Pick (1 - 4 of 8)
    left
    Welcoming Big Data Technology amidst Changes

    Darren Cockrel, CIO, Coyote Logistics

    Leveraging Compliance to Your Advantage

    Mark Bloom, Global CIO, Aegon

    Demystifying the Role of IT in Millennial Organizations

    Jeff Fithian, VP, Strategic Initiatives and CIO, Dynamic Materials Corporation

    Productivity and Security- Can you ever have both?

    Julie Cullivan, SVP, Business Operations & CIO, Fireeye

    Lessons Learned from a CIO

    John Miller, Vice President and CIO, American Textile Company

    Digital Transformation: Prerequisites for Success in the Insurance Industry

    Nicole Kellenberger, Global Eadmin Lead, Swiss RE and Sven Scandella, Head of ITP&C Business Management, Swiss RE

    Compliance in the Cloud

    Vasyl Nair, Chief Risk Officer, Mine Super & Louis Leung, Executive General Manager Group Risk and Compliance, Mine Super

    Lessons Learnt on Compliance and Culture Change

    Paula Cristina Spirandio, Compliance Manager, Gunvor Group

    right

    Stay Connected with Your Stakeholders

    By Matt Lepore, SVP, General Counsel & CCO, BASF Corporation

    Tweet
    content-image

    Matt Lepore, SVP, General Counsel & CCO, BASF Corporation

    Strong Communication and Collaboration required for Effective Compliance

    Companies face a variety of emerging compliance challenges ranging from the need to have strong anticorruption measures to  ensuring compliance with variousdata protection laws as technology evolves. One of the most basic challenges for large  companies today is ensuring that a company’s compliance program keeps pace with our ever increasingly interconnected world.  An effective global compliance program requires strong lines of communication and collaboration among the compliance team,  corporate functions and businessunits in all the regions where your company operates.

    "It is important for business partners to understand each other’s core values,competencies and goals"

    Our Compliance Program in North America is a part of the BASF Group’s Global Compliance Program. We closely partner with our  colleagues around the world to ensure that we operate to the highest legal and ethical standards. To ensure this consistency, the BASF Group replaced its twenty-four regional Codes of Conduct with one Global Code of Conduct, while also allowing each  region flexibly to address legal requirements that are unique to their particular region.

    The BASF Group’s Global Compliance Team meets on a regular basis to discuss trends, emerging areas, initiatives and  experiences in their respective regions. We always respect the variations in local laws, but look for consistent solutions  that can be applied in the numerous countries in which we operate. Strong and open lines of communication among our regions  are imperative to a high functioning compliance team around the world.

    Strong communication and collaborationare also required here in North America. In the United States, we are subject to  various federal regulations ranging from the labeling of products to the physical security of our chemical plants (e.g.  Chemical Facility Antiterrorism Standards).

    Ensuring compliance in these areas requires that members of the Legal Department, and the the compliance team work closely with our internal business units and other corporate functions.

    Maintaining Transparency with Business Partners

    Communication and collaboration do not end at our four walls. We believe that strong externalrelationships based on  communication and transparency iscritical when dealing with our business partners. It is important for business partners to  understand each other’s core values, competencies and goals. We encourage an open dialogue with our business partners.

    As part of this transparency, we make clear to our suppliers that they must commit to BASF’s Supplier Code of Conduct or have their own Codes, which embrace the principles within the Supplier Code of Conduct. Similarly, in our contractual agreements,  we require that our business partners comply with the laws where they operate and embodysimilar ethical values to BASF. We  encourage our business partners to contact  us early if they have any concerns they wish to discuss.

    Embedding Compliance in Business

    As reflected in our motto “We create chemistry,” BASF is a company that is based on innovation. We strive to ensure that our  compliance program stays ahead of the risks associated with the drive for innovation, including the need to protect our  valuable intellectual property rights. We see both opportunities and challenges presented by technology. A simple example is  that we promote the use of social media to encourage ideas and discussion about emerging areas. However, we have policies and training courses to remind employees not to post or disclose any confidential and proprietary information on social media outlets.

    Our employees are essential toensuring that compliance is embedded in businesses. The people within a business must truly  understand and embrace legal and ethical principles for compliance to become part ofhow they do business. They must see their leaders at all levels of the organizationlivethese principles whencarrying out their work and interacting at BASF.

    Training, another form of communication,is fundamentaltobridging any gap between compliance and emerging risks created by new technology. We balance inperson and online training to provide our employees with key legal and ethical principles that  touches their work and highlights BASF’s strong commitment to compliance. Each year we design our training curriculum and  select topics based on a combination of risks we see emerging through our own experiences and industry-wide. We gain this  knowledge through compliance reviews, feedback from our businesses and corporate functions, analysis of calls/submissions  within our internal Compliance Hotline and other avenues, the exchange of information with our regional Compliance Officers  around the world and monitoring key trends in compliance.

    Advice to fellow CCOs

    A Compliance Officer needs to understand his/her businesses (including the opportunities and challenges presented by  technology) and where the businesses are headed to stay ahead of compliance risks. With this information, the Compliance Officer can provide guidance to ensure the businessescreate and market their products in an ethical, compliant and  sustainable manner. Staying connected with your internal stakeholders, including the business units and other corporate  functions, is critical to maintaining an effective compliance program.

    tag

    Physical Security

    Weekly Brief

    loading

    Featured Vendor

    • ACTICO: Leveraging AI for Compliance Management
      ACTICO: Leveraging AI for Compliance Management
    Top 10 Compliance Solution Companies - 2020
    ON THE DECK

    Content Management System 2020

    Top Vendors

    Contactless Payments 2020

    Top Vendors

    Admired Tech 2020

    Top Vendors

    Corporate Finance 2020

    Top Vendors

    AI 2020

    Top Vendors

    Travel and Hospitality 2020

    Top Vendors

    Startup 2020

    Top Vendors

    Networking 2020

    Top Vendors

    FinTech 2020

    Top Vendors

    CRM 2020

    Top Vendors

    Scheduling Software 2020

    Top Vendors

    Education 2020

    Top Vendors

    Business Intelligence 2020

    Top Vendors

    PropTech 2020

    Top Vendors

    Salesforce 2020

    Top Vendors

    Big Data 2020

    Top Vendors

    Simulation 2020

    Top Vendors

    Product Management 2020

    Top Vendors

    Legal 2020

    Top Vendors

    Remote Work 2020

    Top Vendors

    Cryptocurrency 2020

    Top Vendors

    CEM 2020

    Top Vendors

    Insurance 2020

    Top Vendors

    Data Center 2020

    Top Vendors

    Banking 2020

    Top Vendors

    RegTech 2020

    Top Vendors

    Wireless 2020

    Top Vendors

    Procurement 2020

    Top Vendors

    Cognitive 2020

    Top Vendors

    Drone 2020

    Top Vendors

    HR Technology 2020

    Top Vendors

    HPC 2020

    Top Vendors

    Pharma and Life Science 2020

    Top Vendors

    SAP 2020

    Top Vendors

    Food and Beverages 2020

    Top Vendors

    Cloud 2020

    Top Vendors

    Blockchain 2020

    Top Vendors

    Cloud 2020

    Top Vendors

    Logistics 2020

    Top Vendors

    Augmented Reality 2020

    Top Vendors

    Contact Center 2020

    Top Vendors

    Oracle 2020

    Top Vendors

    Cyber Security 2020

    Top Vendors

    E-Commerce 2020

    Top Vendors

    Compliance 2020

    Top Vendors

    Enterprise Architecture 2020

    Top Vendors

    Digital Transformation 2020

    Top Vendors

    Manufacturing 2020

    Top Vendors

    Agile 2020

    Top Vendors

    CISCO 2020

    Top Vendors

    Field Service 2020

    Top Vendors

    Contact Center 2020

    Top Vendors

    IoT 2020

    Top Vendors

    Microsoft 2020

    Top Vendors

    Retail 2020

    Top Vendors

    Aviation 2020

    Top Vendors

    Healthcare 2020

    Top Vendors

    IT Service Management 2020

    Top Vendors

    Top Vendors

    Big Data 2019

    Top Vendors

    Digital Signage 2019

    Top Vendors

    Sales Tech 2019

    Top Vendors

    Startup 2019

    Top Vendors

    Salesforce 2019

    Top Vendors

    AI 2019

    Top Vendors

    Google 2019

    Top Vendors

    Smart City 2019

    Top Vendors

    FinTech 2019

    Top Vendors

    Admired Tech 2019

    Top Vendors

    Big Data 2019

    Top Vendors

    IT Services 2019

    Top Vendors

    Business Intelligence 2019

    Top Vendors

    Education 2019

    Top Vendors

    Project Management 2019

    Top Vendors

    Enterprise Asset Management 2019

    Top Vendors

    CRM 2019

    Top Vendors

    Data Center 2019

    Top Vendors

    PropTech 2019

    Top Vendors

    Capital Market 2019

    Top Vendors

    Travel and Hospitality 2019

    Top Vendors

    Legal 2019

    Top Vendors

    IT Infrastructure 2019

    Top Vendors

    Plastic Tech 2019

    Top Vendors

    Facility Management 2019

    Top Vendors

    Fleet Management 2019

    Top Vendors

    CEM 2019

    Top Vendors

    Sensor Tech 2019

    Top Vendors

    RegTech 2019

    Top Vendors

    Marine Tech 2019

    Top Vendors

    Collaboration 2019

    Top Vendors

    Software Testing 2019

    Top Vendors

    Facility Management 2019

    Top Vendors

    Automotive 2019

    Top Vendors

    Food and Beverages 2019

    Top Vendors

    Insurance 2019

    Top Vendors

    HPC 2019

    Top Vendors

    Wireless 2019

    Top Vendors

    Simulation 2019

    Top Vendors

    Corporate Finance 2019

    Top Vendors

    Drone 2019

    Top Vendors

    AI Healthcare 2019

    Top Vendors

    SAP 2019

    Top Vendors

    Procurement 2019

    Top Vendors

    Cyber Security 2019

    Top Vendors

    IBM 2019

    Top Vendors

    Construction 2019

    Top Vendors

    Logistics 2019

    Top Vendors

    Managed Services 2019

    Top Vendors

    Manufacturing 2019

    Top Vendors

    Media and Entertainment 2019

    Top Vendors

    Cloud 2019

    Top Vendors

    Banking 2019

    Top Vendors

    Agile 2019

    Top Vendors

    IT Service Management 2019

    Top Vendors

    Retail 2019

    Top Vendors

    HR Technology 2019

    Top Vendors

    Oracle 2019

    Top Vendors

    Cognitive 2019

    Top Vendors

    Compliance 2019

    Top Vendors

    Contact Center 2019

    Top Vendors

    Healthcare 2019

    Top Vendors

    Gov and Public 2019

    Top Vendors

    Microsoft 2019

    Top Vendors

    Pharma and Life Science 2019

    Top Vendors

    DevOps 2019

    Top Vendors

    E-Commerce 2019

    Top Vendors

    Blockchain 2019

    Top Vendors

    IoT 2019

    Top Vendors

    Metals and Mining 2019

    Top Vendors

    Gamification 2019

    Top Vendors

    Field Service 2019

    Top Vendors

    Augmented Reality 2019

    Top Vendors

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Pinpointing Weak Links in an Enterprise Security Chain: Helping Companies Battle Data and Content Security Challenges

    Pinpointing Weak Links in an Enterprise Security Chain: Helping Companies Battle Data and Content Security Challenges

    Hiro Imamura, SVP and GM, Business Imaging Solutions Group, Canon U.S.A. [NYSE:CAJ]
    Evolving Customer Relationship Management: Move Fast or Die Trying

    Evolving Customer Relationship Management: Move Fast or Die Trying

    Ed Ariel, Vice President of Service Operations, ezCater
    Importance of Customer Relationship Management Implementation

    Importance of Customer Relationship Management Implementation

    Drew Fredrick, Vice President, Home Building Technology, Clayton Homes
    How enterprise tech startups and corporates can collaborate for innovation

    How enterprise tech startups and corporates can collaborate for innovation

    Paul Santos, Managing Partner, Wavemaker Partners
    How an Initiative for Standardization and Modularization Leads to Cost Reduction, Increased Efficiency-and Better Teamwork

    How an Initiative for Standardization and Modularization Leads to Cost Reduction, Increased Efficiency-and Better Teamwork

    Faruk Bilgin, Global Director Manufacturing Engineering of Webasto Group
    Empowering the Retail Paradigm

    Empowering the Retail Paradigm

    Jason Williams, VP of Engineering, DICK’S Sporting Goods
    Fortifying the Retail Pardigm Amidst Uncertainities

    Fortifying the Retail Pardigm Amidst Uncertainities

    Vlad Yakubson, Head of Retail, yd.
    Journey from Intelligent Automation (IA) to Artificial Intelligence (AI)

    Journey from Intelligent Automation (IA) to Artificial Intelligence (AI)

    Sanjay Choubey, VP-IT, Briggs & Stratton
    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy  |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://compliance.apacciooutlook.com/cxoinsights/stay-connected-with-your-stakeholders-nwid-768.html