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Common international integration risks and the ways to restrict them

Corporate legal and regulatory considerations: labor issues, minority investment issues, and anti-trust and tax issues.

Manage centrally, implement locally: Develop a cohesive central governance structure but engage in-country teams to execute.

Invidious treatment. Special measures for minorities - such as access to education in their own language - usually will not lead to invidious treatment of others provided that members of the minority can voluntarily choose education in their own language or in the official language of the country.

Antitrust and Anti-Competition Issues

Don't disparage a competitor's product, verbally or in writing, unless you can prove your charges.

Don't charge different prices for the same volume of product to customers who may compete with each other.

Don't discuss pricing with competitors. Never attend a meeting at which pricing will be discussed. If it comes up at a meeting, protest (and follow this up in writing) and leave immediately.

Don't restrict the resale activity of a customer or attempt to control the customer's resale price.

Legal entity (LE) rationalization: Large integrations often result in overly complex LE structures that are misaligned with corporate strategy and drive up administrative costs. Three common areas of concern are structure simplification, registration and licensing, and local engagement.

LEI Smart Offers RegTech Solution for Legal Entity Identifier Requirements

Smart Matching: Populating missing LEIs is a time-consuming challenge. The client name in your system is not likely to be an exact match to its legal name in the GLEIS. LEI Smart will streamline this task by using natural language processing (NLP) to find the best match.

Alerting: Once your data has been mapped and validated it must be actively maintained to remain compliant. The LEI is static, but the data it references is not. Funds get merged or closed. Ownership changes. Entities move jurisdictions and change their legal name. LEI Smart continuously monitors the GLEIS for changes like these that impact your data and proactively notifies you when they occur.

Validation: LEI Smart validates existing LEI mappings of client and counterparty data. It checks that LEIs are ISO17442 compliant, registered with the required status in the global legal entity identifier system (GLEIS), and refer to the party in question. These checks are required for compliance with MiFID II and other regulations.

Product registration and industry-specific regulations: product registration, certification, and labeling requirements, includinglife sciences and health care, chemical and consumer goods, and financial services.

Emphasize speed to value: Develop a plan for efficient integration that emphasizes targeting synergies (financial, sales, employee) that can be realized quickly.

Know your countries: Collect all company data and regulatory requirements to inform country sequencing decisions.