Ethisphere introduced its 5th Annual Latin America Ethics Summit to an assembly of senior business and compliance leaders in Miami for the very first time, following four consecutive years in Brazil. Connecting Chief Legal Officers, Chief Compliance Officers, LATAM region compliance leaders, and outside industry experts, the Summit served as a platform for peer-to-peer benchmarking and interactive dialogue to address new standards and practices for fueling company integrity and performance.
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“We know that at the very least there is a perception that companies operating across LATAM are more vulnerable to missteps, and companies are looking for more guidance not just from outside counsel, but from their peers as well,” said Ruti Smithline, a member of the Summit faculty and Partner at Morrison & Foerster where she was recognized in 2017 as one of Latin America’s Top 100 Female Lawyers for FCPA work. “For the last five years, this Summit has provided one of the most practical channels to open up that dialogue across leaders with a concentration in this market, and that is essential to cultivate best practices.”
Ethisphere’s Business Ethics Leadership Alliance (BELA) community with representatives from Royal Caribbean Cruises, Microsoft, GE, Nokia, JLL, TE Connectivity, Western Union, and SNC-Lavalin anchored a diverse faculty with deep experience in addressing business challenges in Latin America. BELA was founded with the notion that companies, regardless of industry, face many common, and often complex, issues in some of the most challenging regions in the world. By bridging the divide that companies often encounter, BELA has been at the front of connecting like-minded leaders on themes that matter most. Latin America is a premium example of this growing need to advance these discussions together. The faculty spoke candidly about perceptions and practicalities in the region on such issues as third-party anti-corruption, measuring ethical culture, the risk environment, application of the new ISO 37001 anti-bribery management standard, effective multicultural training and more.
Moreover, Ethisphere published a recap of the Summit focusing on several major themes, including data insights on company practices, and highlighting leadership involvement, serving as a supplement for those who were at the event and an impactful summary for other professionals who were unable to attend this year.
“In just five years the Latin America Ethics Summit has grown to be a vital program with a faculty and delegation that represents multidisciplinary and multicultural knowledge to foster thoughtful discourse, and we see that immediately when leaders from Brazil, Mexico, Guatemala, Chile, Panama, the U.S. and more start engaging with one another,” said Kevin McCormack, Vice President of Global Thought Leadership and Programs at Ethisphere. “Each year this Summit takes place you really see a compliance and business community who are spirited about change and passionate about inspiring companies to play an active role in company integrity across the region. We take a close look at the themes that elevate the dialogue and motivate others to action and see how we can best apply these in other key markets such as Europe and India later this year.”