Expect 2014 to be a busy year, full of regulatory and enforcement developments in the European Union, China, South America, and elsewhere that will have a big effect on U.S. companies.
A new European Parliament will be elected in May with a new European Commission appointed in October. Politicians, regulators, and Eurocrats will be in a rush to see their pet projects finalized before they have to let go of power, including a new data privacy regime that is likely to change the way any company that does business in Europe collects and handles consumer information.
Meanwhile, China is beginning to flex its enforcement muscle, coming down on companies for bribery and corruption, financial fraud, and antitrust violations. Other countries, including Brazil, Russia, and Canada, have also enacted stricter anti-corruption laws.
Here are 10 developments to watch on the global compliance front in the coming year.
1. Data Privacy: Europe decides
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