A sign in Baltimore instructs residents to stay home in order to stem the spread of the Coronavirus during a pandemic that has claimed to date over 130 thousand lives nationwide. Photo: Diego M. Radzinschi/ALM Companies' Pandemic Impulse Tech Buying May Bring Future Regulatory, Compliance Problems
A new survey from Baker McKenzie found that while companies have increasingly looked to technology to help mitigate the business obstacles imposed by COVID-19, compliance personnel may not be getting the opportunity to consult on new purchases before they potentially trigger regulatory problems.
November 19, 2020 at 03:06 PM
4 minute read
The pandemic may be putting compliance professionals into conflict with the rest of a company's more business-focused units. A new survey from Baker McKenzie titled "The Currency of Connection: Mobilizing Technology for Compliance Integration" indicates that while companies are spending on technology to help manage the impact of COVID-19, they are often doing so without the input of their compliance personnel.
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