American Subsidiary Reflects Japan Parent’s Sense of Ethics

Ben DiPietro – WSJ Risk & Compliance Journal – August 31, 2016

Kasey Ingram, general counsel and chief compliance officer for biosciences and chemicals company ISK Americas, a subsidiary of Japan-based Ishihara Sangyo Kaisha Ltd., discusses how Japanese culture helps drive compliance at the company and why the company maintains its compliance function within its legal department. The U.S. part of the company has 75 employees and three main businesses: agricultural chemicals, wood preservatives and titanium dioxide, a white pigment used in toothpaste, sunscreen and other products.

Why does ISK combine the general counsel and compliance officer roles?

Mr. Ingram: I am a big believer in “Compliance 2.0”–the separation of compliance and legal–but sometimes it’s just not practical. We are not big enough to support two separate functions within the company. I have a group of consultants that I have developed relationships with, so when an issue comes up with legal and compliance I pick the side I am going to do and outsource the other side.

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Read this article on The Wall Street Journal.

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