International Compliance Systems

The growing internationalisation of companies and the increasingly numerous and distant regulatory environments in which they operate, demand from us to give due consideration to the relationships and interactions between the departments of compliance in subsidiaries and branches and the company’s head office.

In many cases, the work of the compliance officer at the subsidiary or permanent representation can be decisively influenced by the policies defined at the head office in terms of regulatory compliance. Typically, there is a group-wide compliance policy that takes into account both normative and cultural characteristics of the territory in which the group operates.

In order to rationalise existing resources, compliance should be centralised at the head office, thereby achieving the necessary coordination and efficiency.

At VVR, we are convinced of the need to develop a compliance policy at group level, benefiting from economies of scale and articulating centrally, together with regulatory officials in each geographical area, to verify compliance with local regulations in each country where the group operates.

Thus, we provide assistance to Spanish transnational groups with subsidiaries or permanent representations in third countries wishing to implement comprehensive, group-wide compliance systems, as well as to foreign groups of companies wishing to design a global compliance policy or to adapt to existing needs.