Regulatory Compliance has become an increasing corporate concern globally in recent years. The inadvertent destruction of seemingly insignificant documents and email or retention of information beyond statutory and business requirements can result in dramatic as well as costly ramifications. Investigations, litigation and negative news reports impact heavily on public as well as customer perceptions of the ethical conduct and reputation of a business.

HMC believes that any Records & Information Management Program must take into account all laws, ordinances, and regulations that pertain to any particular business line or organization. Our firm:

• Carries out extensive regulatory research for every set of draft Retention Schedules we compile on behalf of our clients
• Monitors the basic regulatory requirements that apply to all businesses
• Focuses especially on those regulations pertaining to securities trading, investment banking, asset management and financial services. Our methodologies and experience, however, extend to all regulated industries such as pharmaceuticals, insurance, consumer products, defense contracting, and energy

To support each set of Retention Schedules, HMC compiles:

• Detailed reports containing complete law, ordinance and regulation texts that define information retention applicable to the businesses of our clients
• Summaries of those regulations for ease of use and interpretation

Our research analysts have conducted and update regularly detailed regulatory investigations for the United States, United Kingdom, Russia, Japan, People’s Republic of China, Singapore, Hong Kong, Korea, Australia, and Sweden. In particular, we have prepared:

• A working English translation of the Model Documents Checklist of the Russian Federation
• Indexing and implementation matrices to the Securities & Exchange Commission Codes of Federal Regulation in the United States, including those records keeping changes effective 2 May 2003