Managing Risk In A Multi-Jurisdictional World

Companies need to be increasingly vigilant in complying with regulatory, tax and legal compliance across the full scope of their jurisdictional footprint, according to Martin Le Pelley, compliance director for Heritage Insurance Management.

International compliance

As the compliance director for Heritage Insurance Management, I come across issues which our international client base face every day in relation to managing the risk of non-compliance with regulatory, tax and legal requirements across the variety of jurisdictions in which our clients have insurable risks. Alongside the traditional challenges of ensuring that the insurance cover ad equately addresses the risk management needs of the international group, and the local operational needs of the trading subsidiary, there are a whole host of regulatory compliance matters to consider.