In this episode of Compliance Man Chooses the Target, we’re exploring communications services.
Target 1: Permissions and permits. Should a telecom company decide to operate in a higher risk market, it will need to obtain various permissions. Tentatively, look at all processes and related issues regarding governmental permits in these jurisdictions.
Target 2: Underdeveloped judicial systems. Investors are becoming hostages, and you will likely spend a lot of money for a low chance to win a court case. So what can you do instead?
Target 3: Participation in business associations. You may want to find out which association or Chamber of Commerce has a reputation for developing compliance practices. In many countries, the ethics movement is needed by companies from the communications services industry.
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