4 LATIN AMERICAN BRIEFINGS APRIL 2017 © Association of Corporate Counsel
Fifty percent of Latin American respondents reported that they
anticipate ethics and compliance to be an extremely important issue
to watch in the next 12 months, according to the ACC Chief Legal
Officers 2017 Survey. Alternatively, respondents in the United States
( 30 percent), Canada ( 21 percent), and the Middle East/Africa ( 10
percent) reported feeling the same level of anticipation.
While CLOs in all regions report creating new positions in contracts,
the proportion of CLOs in Latin America and the Caribbean that
reported creating new positions ( 67 percent) is significantly higher
than the rest of the world ( 50 percent), according to the ACC Chief
Legal Officers 2017 Survey. Also notable is the three-quarters of
Canadian CLOs who reported creating new positions in compliance,
but none in contracts.
Into the spotlight…
According to the ACC Chief Legal Officers 2017 Survey, 54 percent
of Latin American respondents noted that they were the target of
a regulator in the past two years. This value is substantially higher
than respondents in Europe ( 36 percent), Australia/New Zealand ( 32
percent), and Asia Pacific ( 26 percent).
According to the ACC Chief Legal Officers 2017 Survey, 58 percent
of respondents in the Latin America/Caribbean region reported the
importance of technology developments in the next 12 months.
This value is noticeably smaller than respondents in the Asia Pacific
region, where 76 percent of respondents reported the importance of
see this, latin america
FIND MORE OF ACC’S PEERLESS REPORTS ABOUT THE IN-HOUSE FIELD AT ACC.COM/SURVEYS OR REQUEST BESPOKE STATISTICS AT RESEARCH@ACC.COM.