UHLC symposium focuses on ethics and compliance

Experts share practical advice on meeting challenges of globalization.

Former Deputy United States Attorney General Paul McNulty discusses global compliance requirements.

Former Deputy United States Attorney General Paul McNulty discusses global compliance requirements.

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June 7, 2012 – Ethics and compliance specialists gathered at the University of Houston Law Center Thursday to share real-world advice about meeting the challenges of today’s multinational companies in a global economy.

“This event is particularly important because it provides practical advice about real-world challenges facing ethics and compliance officers,” said Associate Dean Richard Alderman, director of the Consumer Law Center.

The day-long Ethics and Compliance Symposium, which is planned to become an annual CLE event, was co-sponsored by the Center for Consumer Law at the Law Center and the international law firm of Baker & McKenzie.

Former Deputy Attorney General Paul McNulty opened the conference by addressing the issue of what enforcement authorities expect in a company’s compliance program. He noted that the symposium was especially well-timed because “we have entered the era of corporate compliance.”

“The mechanics of compliance are really in focus during this time,” McNulty said. “Today’s multinational companies have multiple business partners, thousands of employees and extensive operations throughout the world making it especially difficult to develop a strong compliance program.”

According to McNulty, maintaining a strong corporate compliance program is especially challenging due to the impact of globalization. However, global compliance requirements typically boil down to five essential elements: leadership, risk assessment, standards and controls, training and communication, and oversight.

Other sessions included interactive presentations and panel discussions on a variety of topics including training, monitoring and auditing, and emerging risks like export controls.

Chief Compliance Officer of Phillips 66 Doug Walter moderates a discussion with panelists Mike Schwartz, Principal, KPMG LLP; Ramsey Pace, Director, Forensics and Litigation, FTI; and Mike McConnell, Executive Director, Grant Thornton.

University of Houston Law Center Associate Dean Richard Alderman welcomes guests to the symposium as Eric Morehead, Senior Compliance Counsel at Corpedia, and
Ryan McConnell, a partner at Baker & McKenzie, listen before giving introductory remarks.

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