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Date: | Tue, 25 Jun 2013 14:18:40 -0700 |
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Well said, Larry: "if you DO BUSINESS in one country, you are obligated to
follow that country's laws..."
I'd probably be inclined to at least ask the question of whatever legal
team is available whether compliance would be required even if there are
separate legal entities involved. For example, I know of a company in
Scotland which determined that it should comply with Sarbanes-Oxley in all
of their legal entities, even though the vast majority of them did not "do
business" in the United States. I guess it's a matter of risk analysis,
once you've defined the applicable legislation.
-D
Dr. David T. Macknet
MCP, MCSD, BA, MSc, MLitt, PhD
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