A company discovers that one of its subsidiaries has been violating environmental regulations. How would you handle this situation as the head of compliance?

Handling a situation where a subsidiary has violated environmental regulations requires a multi-step approach. First, it is essential to conduct an internal investigation to determine the extent of the violation and identify the root causes. This allows the company to understand the scope of the issue and take appropriate actions. Next, implementing corrective actions to prevent future violations is crucial. This may involve revising procedures, providing additional training, or implementing new monitoring systems. Terminating employees responsible for the violation should be considered only after a thorough investigation and due process, as it may not address underlying systemic issues. Finally, while reporting the violation to regulatory authorities is necessary, it should be done after internal investigations and corrective actions have been taken to mitigate potential penalties.