How Mexichem's GC Brought His Team Together by Building a Global Compliance Program
Francisco Hernandez of Mexichem took a group of disparate lawyers spread throughout the world and shaped them into a global legal function using a rather surprising tool--ethics and compliance.
May 22, 2018 at 11:59 PM
1 minute read
Francisco Hernandez of Mexichem. (Photo: John Disney/ALM) Francisco Hernandez Mexichem
- Revamping its whistleblower phone line to make it truly global and available in all local languages.
- Creating a hotline for employees to raise ethics questions or other concerns, to create a claim or make a report.
- Hiring a chief compliance officer, who will be part of the legal department.
- Working on an in-depth understanding of all third party relationships by engaging a tech platform to screen and manage third parties.
- Implementing the European Union's General Data Protection Regulation, which goes into effect May 25. “We don't manage massive amounts of personal data for customers,” Hernandez said, “but the risk of having a violation is way too high. The implications are tremendous.”
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