More than 40 percent of the chief legal officers at large Latin American corporations reported being the target of regulators over the last two years, according to an annual survey conducted by the Washington-based Association of Corporate Counsel.
Large corporations in Latin America and the Caribbean reported targeting by regulators at a rate 10 percentage points higher than the global average and higher than corporations with smaller legal departments, said James Merklinger, vice president and chief legal officer of the ACC.
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