Summary: <a href="http://complianceandethics.org/wp-content/uploads/2018/08/podcast-graphic-1024x1024.png"></a><br> <a href="http://complianceandethics.org/wp-content/uploads/2015/02/turteltaub-adam-200x200-150x1501.jpg"></a>By Adam Turteltaub<br> adam.turteltaub@corporatecompliance.org<br> When thinking about South America, the first step in compliance risk management is to stop thinking about South America and start thinking about each individual country. <a href="mailto:geert.aalbers@controlrisks.com?subject=Your%20SCCE%20Podcast">Geert Aalbers</a>, a Senior Partner and head of Control Risks’ Brazil and Southern Cone business, explains that the risk profiles vary considerably by country. In fact, when looking at a risk such as anticorruption, it even varies by which governmental body you are dealing with. While customs may be clean in one country, it could be a dangerous mess in the other.<br> Adding to the complexity, the <a href="https://www.as-coa.org/articles/capacity-combat-corruption-index">capacity to combat corruption</a> also varies considerably by country.<br> Corruption, of course, is not the only risk to think about. As Geert explains in this podcast, other risks include regulatory, security, social, economic, environmental and, increasingly, cyber and data-related risks. Brazil, for example, recently passed a new data protection law that is very similar in its approach to GDPR.<br> Many may think, “no problem, already have that covered.” Geert cautions, however, that data security practices in Brazil tend to be lax, creating a potential “perfect storm” of challenges for the compliance team.<br> Listen in to learn more about compliance risks across the continent, mistakes to avoid, and how to strengthen your compliance efforts from Argentina to Uruguay.<br>
