Global Compliance

In line with the recent globalization of Japanese companies' activities, it has become increasingly necessary to consider compliance from a viewpoint including overseas subsidiaries and affiliates. As the situations in countries outside Japan vary widely, there exist some countries where the discretion of governmental authorities is great, and laws and regulations are unclear. In some countries the penalties for breaches of laws and regulations are more severe than in Japan. It is vital for a company to appropriately understand the situation in each jurisdiction where the subsidiaries and affiliates are located, and obtain an accurate understanding of the applicable laws and regulations of such jurisdictions. Moreover, it is not uncommon for employees of Japanese companies to be arrested unexpectedly for breaches of laws they were unaware of. N&A, by collaborating with overseas firms where necessary, provides comprehensive advice regarding the creation of a global compliance structure.

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