Last week I moderated a discussion about compliance with the Dodd-Frank Act specifically as it pertains to the oil & gas industry. The event was a tele-conference co-hosted with the energy practice at Deloitte, where we gathered 10 compliance executives from companies both “upstream” (the ones who extract oil and gas from the ground) and “downstream” (the ones who sell it) to talk about their Dodd-Frank compliance efforts so far.
Allow me to share some of the participants’ observations, since Dodd-Frank is quickly coming to embody all the practical challenges of modern compliance that drive every risk, audit, and compliance executives crazy.
