SlideShare a Scribd company logo
1 of 21
IHS Regulatory Compliance Services
Security Product Lifecycle Energy       Environment About IHS ,[object Object]
Today: Leading global source of critical information and insight dedicated to providing the most complete and trusted information and expertise
Customers in more than 180 countries
Employs4,700 people in 28 countriesStrong, Growing Products and Financials: ,[object Object]
Public, NYSE 	IHS
FY10 revenue: 	$1.075B ($967M  in ‘09)
FY10 net income: 	$325M (135M in ‘09)
~50% of revenue outside of US         Macroeconomic Forecasting
3 	IHS Consulting:Regulatory Compliance Group ,[object Object]
Experienced team of 10 professionals:
Lawyers
Regulatory Specialists
ITC experts
Information Managers
Multi-language
Supporting IOCsOCs, Governments and service companies worldwideProviding practical solutions to real operational challenges
Business and Operational Challenges:Managing Regulatory Risks Understanding the Regulatory Process ,[object Object]
What permits do we need and what is the process?
What are our reporting obligations?
How long does it take to get the permits?Jurisdictional Characteristics and Behaviours ,[object Object]

More Related Content

Similar to IHS Regulatory Compliance services

FCA - Call for input on RegTech - Feedback
FCA - Call for input on RegTech - FeedbackFCA - Call for input on RegTech - Feedback
FCA - Call for input on RegTech - FeedbackFederico Giuntini
 
CH&Co - Supporting the development and adoption of RegTech
CH&Co - Supporting the development and adoption of RegTechCH&Co - Supporting the development and adoption of RegTech
CH&Co - Supporting the development and adoption of RegTechNicolas Heguy
 
In order to have a successful IG program, one of the eight (8) I
In order to have a successful IG program, one of the eight (8) IIn order to have a successful IG program, one of the eight (8) I
In order to have a successful IG program, one of the eight (8) IMalikPinckney86
 
Capital Adequacy Stress Tests: Pre-Provision Net Revenue and Scenario Design
Capital Adequacy Stress Tests: Pre-Provision Net Revenue and Scenario DesignCapital Adequacy Stress Tests: Pre-Provision Net Revenue and Scenario Design
Capital Adequacy Stress Tests: Pre-Provision Net Revenue and Scenario DesignCRISIL Limited
 
Sustainability Reporting- Business Ethics
Sustainability Reporting- Business EthicsSustainability Reporting- Business Ethics
Sustainability Reporting- Business Ethicsshrinivas kulkarni
 
Meeting HR Challenges through Organisational Transformation Process in Hydroc...
Meeting HR Challenges through Organisational Transformation Process in Hydroc...Meeting HR Challenges through Organisational Transformation Process in Hydroc...
Meeting HR Challenges through Organisational Transformation Process in Hydroc...UPES Dehradun
 
ISO Processes of Viom Pvt Ltd.
ISO Processes of Viom Pvt Ltd. ISO Processes of Viom Pvt Ltd.
ISO Processes of Viom Pvt Ltd. Neha Ahooja
 
AACE National Conference in IITM
AACE National Conference in IITMAACE National Conference in IITM
AACE National Conference in IITMD Murali ☆
 
Riskpro legal and compliance audits 2013
Riskpro legal and compliance audits 2013Riskpro legal and compliance audits 2013
Riskpro legal and compliance audits 2013Nidhi Gupta
 
Riskpro legal and compliance audits 2013
Riskpro legal and compliance audits 2013Riskpro legal and compliance audits 2013
Riskpro legal and compliance audits 2013Nidhi Gupta
 
Operational Analytics and AIM The Foundation for Operational Excellence in Pr...
Operational Analytics and AIM The Foundation for Operational Excellence in Pr...Operational Analytics and AIM The Foundation for Operational Excellence in Pr...
Operational Analytics and AIM The Foundation for Operational Excellence in Pr...Rolta
 
CCXG Global Forum October 2018 Breakout Group 5 by Amr Osama Abdel-Aziz
CCXG Global Forum October 2018 Breakout Group 5 by Amr Osama Abdel-AzizCCXG Global Forum October 2018 Breakout Group 5 by Amr Osama Abdel-Aziz
CCXG Global Forum October 2018 Breakout Group 5 by Amr Osama Abdel-AzizOECD Environment
 
Session2 mcreee wolfgang_mostert_burkhardclaus
Session2  mcreee wolfgang_mostert_burkhardclausSession2  mcreee wolfgang_mostert_burkhardclaus
Session2 mcreee wolfgang_mostert_burkhardclausRCREEE
 
Ops forumsustainability presentationslidessept2012
Ops forumsustainability presentationslidessept2012Ops forumsustainability presentationslidessept2012
Ops forumsustainability presentationslidessept2012Ardea International
 
Roitt Presentation
Roitt PresentationRoitt Presentation
Roitt Presentationrfpallante
 
Ops forumsustainability presentationslidessept2012
Ops forumsustainability presentationslidessept2012Ops forumsustainability presentationslidessept2012
Ops forumsustainability presentationslidessept2012Ardea International
 

Similar to IHS Regulatory Compliance services (20)

FCA - Call for input on RegTech - Feedback
FCA - Call for input on RegTech - FeedbackFCA - Call for input on RegTech - Feedback
FCA - Call for input on RegTech - Feedback
 
CH&Co - Supporting the development and adoption of RegTech
CH&Co - Supporting the development and adoption of RegTechCH&Co - Supporting the development and adoption of RegTech
CH&Co - Supporting the development and adoption of RegTech
 
In order to have a successful IG program, one of the eight (8) I
In order to have a successful IG program, one of the eight (8) IIn order to have a successful IG program, one of the eight (8) I
In order to have a successful IG program, one of the eight (8) I
 
Supporting a Global Audit Program
Supporting a Global Audit ProgramSupporting a Global Audit Program
Supporting a Global Audit Program
 
HRM Pesentation
HRM PesentationHRM Pesentation
HRM Pesentation
 
Better Regulation - Erica Steward, BRDO
Better Regulation - Erica Steward, BRDOBetter Regulation - Erica Steward, BRDO
Better Regulation - Erica Steward, BRDO
 
Capital Adequacy Stress Tests: Pre-Provision Net Revenue and Scenario Design
Capital Adequacy Stress Tests: Pre-Provision Net Revenue and Scenario DesignCapital Adequacy Stress Tests: Pre-Provision Net Revenue and Scenario Design
Capital Adequacy Stress Tests: Pre-Provision Net Revenue and Scenario Design
 
Sustainability Reporting- Business Ethics
Sustainability Reporting- Business EthicsSustainability Reporting- Business Ethics
Sustainability Reporting- Business Ethics
 
Meeting HR Challenges through Organisational Transformation Process in Hydroc...
Meeting HR Challenges through Organisational Transformation Process in Hydroc...Meeting HR Challenges through Organisational Transformation Process in Hydroc...
Meeting HR Challenges through Organisational Transformation Process in Hydroc...
 
Bikash kumar mallick cv
Bikash kumar mallick cvBikash kumar mallick cv
Bikash kumar mallick cv
 
ISO Processes of Viom Pvt Ltd.
ISO Processes of Viom Pvt Ltd. ISO Processes of Viom Pvt Ltd.
ISO Processes of Viom Pvt Ltd.
 
AACE National Conference in IITM
AACE National Conference in IITMAACE National Conference in IITM
AACE National Conference in IITM
 
Riskpro legal and compliance audits 2013
Riskpro legal and compliance audits 2013Riskpro legal and compliance audits 2013
Riskpro legal and compliance audits 2013
 
Riskpro legal and compliance audits 2013
Riskpro legal and compliance audits 2013Riskpro legal and compliance audits 2013
Riskpro legal and compliance audits 2013
 
Operational Analytics and AIM The Foundation for Operational Excellence in Pr...
Operational Analytics and AIM The Foundation for Operational Excellence in Pr...Operational Analytics and AIM The Foundation for Operational Excellence in Pr...
Operational Analytics and AIM The Foundation for Operational Excellence in Pr...
 
CCXG Global Forum October 2018 Breakout Group 5 by Amr Osama Abdel-Aziz
CCXG Global Forum October 2018 Breakout Group 5 by Amr Osama Abdel-AzizCCXG Global Forum October 2018 Breakout Group 5 by Amr Osama Abdel-Aziz
CCXG Global Forum October 2018 Breakout Group 5 by Amr Osama Abdel-Aziz
 
Session2 mcreee wolfgang_mostert_burkhardclaus
Session2  mcreee wolfgang_mostert_burkhardclausSession2  mcreee wolfgang_mostert_burkhardclaus
Session2 mcreee wolfgang_mostert_burkhardclaus
 
Ops forumsustainability presentationslidessept2012
Ops forumsustainability presentationslidessept2012Ops forumsustainability presentationslidessept2012
Ops forumsustainability presentationslidessept2012
 
Roitt Presentation
Roitt PresentationRoitt Presentation
Roitt Presentation
 
Ops forumsustainability presentationslidessept2012
Ops forumsustainability presentationslidessept2012Ops forumsustainability presentationslidessept2012
Ops forumsustainability presentationslidessept2012
 

IHS Regulatory Compliance services

  • 2.
  • 3. Today: Leading global source of critical information and insight dedicated to providing the most complete and trusted information and expertise
  • 4. Customers in more than 180 countries
  • 5.
  • 7. FY10 revenue: $1.075B ($967M in ‘09)
  • 8. FY10 net income: $325M (135M in ‘09)
  • 9. ~50% of revenue outside of US Macroeconomic Forecasting
  • 10.
  • 11. Experienced team of 10 professionals:
  • 17. Supporting IOCsOCs, Governments and service companies worldwideProviding practical solutions to real operational challenges
  • 18.
  • 19. What permits do we need and what is the process?
  • 20. What are our reporting obligations?
  • 21.
  • 23. What are the implications of non-compliance?
  • 24.
  • 28.
  • 29. How do we assign responsibilities and track compliance?
  • 30. How do we ensure compliance throughout the project’s life-cycle?
  • 31.
  • 32. How do our standards benchmark against best practice?
  • 33. Do our sub-contractors have control over permitting requirements?
  • 34.
  • 35. Regulatory Compliance: IHS Expertise Expertise across the full value chain… From upstream through electric power; from production to the end-user Extensive experience managing & delivering large consulting projects ranging from several months to several years Extensivelegal databases… Covering energy legislation of over 120 countries across the globe Oil & Gas IHS Global Insight A team of legal and policy advisors that integrates research, consulting and industry expertise Market tested thinking andproven methodologies and regulatory consulting Solidglobal energy scenariosframework as a platform Regulatory Compliance Implementation Expertise Global Reach & Integrated Energy Focus Energy Policy, Regulation & Strategy Expertise Renewables Power Blend ofquantitative fundamental analysis and expert judgment Proprietarycompliance management solutions for major stakeholders across the globe Regulatory and legal expertise in the context of technical oil and gas projects Experience across the globe… Fully integrated US, Latin America, Europe, Middle East, and Asia teams Experience in formulating energy policy & developing legislation … oil & gas, power, renewables, sustainable development, unconventional resources, climate change, upstream, midstream and downstream IHS Global Critical Information Experience of embedding regulatory compliance into project planning and workflow Access toIHS databases and software programs Environment
  • 36. IHS Regulatory Compliance Methodology 3rd Party Databases In-country sources IHS Resources Data Gathering Phase: Identifying all applicable Laws, Regulations and Standards Database Population Phase: Addition of legislation to the IHS compliance database Legal Analysis Phase: Identifying minimum permit application requirements checklist Consulting: Process Flow Analysis, Permit Audits, International Benchmarking, Determination of critical path items “Ground-Truthing” Phase: Confirming that the practical implementation matches legal process, inspection and audit
  • 37. Focus on Quality Visibility in our processes 4 C’s: Correctness Completeness Currency Consistency 8
  • 38.
  • 40. H&S
  • 43. E&P
  • 45. Land
  • 47. TaxRUSSIA POLAND SAKHALIN UK USA E. COAST IRAQ KAZAKHSTAN ITALY DUBAI ALGERIA SAUDI PHILIPPINES KUWAIT ECUADOR GHANA PNG THAILAND VENEZUELA NIGERIA CHAD CAMEROON BRAZIL CONGO GABON INDONESIA ANGOLA Proven Best Practice Methodologies: Multiple Clients, Multiple Locations
  • 48.
  • 51. Energy Policy & Planning
  • 55. Local ContentGREENLAND ISRAEL AZERBAIJAN LIBYA KUWAIT BARBADOS DUBAI QATAR MAURITANIA YEMEN NIGERIA COLOMBIA GABON TANZANIA SURINAME MOZAMBIQUE ANGOLA International Best Practice: Regulatory Systems
  • 56.
  • 58.
  • 59. Successful completion of pilot project led to subsequent contracts to develop a further 5 versions of the database and analyse laws and regulations in multiple jurisdictions, and populate database with the resulting information
  • 60.
  • 61.
  • 62. Phase 1 involved meetings with the key stakeholders, site inspections, reviews and the development of a recommended approach
  • 63. Phase 2 involved the drafting of comprehensive guidelines for the construction sector and the development of a SMS
  • 64.
  • 65. IHS recommendations regarding capacity building in the regulatory authority responsible for H&S provide for the effective management and enforcement
  • 66.
  • 67. Comprehensive report developed which clearly identified anomalies and inconsistencies in the proposed draft standards, focusing on standards that technological were not achievable.
  • 68.
  • 69.
  • 70. Presentation of information in an integrated manner, both via PPT files and via Excel template, providing competitive advantage through detailed regulatory process guidance.
  • 71.
  • 72. IHS subsequently contracted to carry out an eight country regulatory profiling study.
  • 73.
  • 74. Utilize information sources to track changes in policy, laws and standards, regulatory processes, jurisdictional responsibilities and organizational developments.
  • 75. Provide weekly updates on all regulatory changes that have the potential to impact on client’s business in Brazil
  • 76.
  • 77. To provide client with confidence that that the service provides value and insight and therefore has applicability in other jurisdictions where client is faced with a volatile and rapidly evolving business environment.Client
  • 78.
  • 79. Phase 1 – Technical Due Diligence: IHS carried out a technical review of all existing reports and data related to the sites and conducted site visits. Independent analysis confirmed the likelihood of sufficient resources for monetisation.
  • 80.
  • 81.
  • 82. For a multi-national company, the implementation of a standardised approach to compliance management has a number of significant advantages:
  • 84. Executive dash-boarding to track international project success
  • 85. Effective knowledge management throughout the life-cycle of a investment
  • 86. Minimised system development costs through a structured program driven by a large user community
  • 87.

Editor's Notes

  1. FailureDescribed an approach that we have developed in collaboration with a super-major for managing regulatory risk in a comprehensive manor that sets out to try to cover all the potential liabilities that the company faces and the clear benefits of this approach are as follows:Exec............