How do international companies navigate different regulatory frameworks across multiple regions?

International companies navigate different regulatory frameworks by hiring local legal advisors who have expertise in the regulations of specific regions. These advisors help companies understand and comply with local laws and regulations, mitigating the risk of non-compliance. Establishing regional headquarters can also facilitate compliance efforts by providing a localized approach to regulatory compliance. Implementing a centralized compliance team ensures consistency and coordination across regions. Standardizing global policies can further streamline compliance efforts by providing clear guidelines for employees worldwide.