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The following are some questions asked during the course of one mock interview conducted by one training institute at Chennai1) Repo rate, Current Reporate.2) Bank rate, MSF (Repo rate are rates at which commercial bank takes loan from rbi against the securities kept with RBI and marginal standing facility was released in May 2011. The main purpose was to eliminate the volatality of the overnight money market. The rates are usually 1% higher than repo.)3) Base rate4) What are the Demand Deposits and Time deposits ?(Demand deposits and term deposits differ in terms of accessibility or liquidity, and in the amount of interest that can be earned on the deposited funds. Demand deposits and term deposits refer to two different types of deposit accounts available at a bank or similar financial institution, such as a credit union.)(Time Deposit - a deposit in a bank account that cannot be withdrawn before a set date or for which notice of withdrawal is required.)5) When a minor, aged 8 comes to bank with his grandmother, will you open an account inthe name of minor ?6) Hen’s hatching Period ?7) Name the agriculture development Bank, who will provide thte subsidy to farmers for agriculture development ?8) Different types of loans for Agriculture ?9) What are the two Schemes introduced by Narendra Modi related to Banking ? Expalin10) KYC norms ? (Know your customer (KYC) is the process of a business verifying theidentity of its clients. The term is also used to refer to the bank regulation which governs these activities.)11) Which document is mandatory for the customer to deposit around ` 1 crore ?12) Balance Sheet - Details13) Will you work in rural areas ?14) What is the purpose of Commercial Banks & Development Banks ? Name two each?15) What is the minimum and maximum period of Fixed Deposit ?16) Procedures to Deposit Money17) What is the NOSTRO account ?18) What is the meaning of Negotiable ?19) What are the Non-Negotiable instruments ?20) What is special crossing? (Often cheques are crossed with two parallel transverse lines and in between the two parallel lines the words “a/c payee "or “a/c payee only "are written. - This means that the proceeds of the cheque are to be credited to the account of the payee only. - This type of crossing is also called “restrictive crossing”)21) What you willdo when the cheque is crossed by two banks ?22) Can NABARD give loans to Farmers ?23) What is the expansion of UAV ?24) What are the deposits available in Bank ?25) What is PMJDY Scheme ?Pradhan Mantri Jan Dhan Yojana (PMJDY) is a nationwide scheme launched by Indian government in August 2014. In this scheme financial inclusion of every individual who does not have a bank account is to be achieved.The scheme will ensure financial access to everyone who was not able to get benefits of many other finance related government schemes. These financial services include Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension which will be made available to all the citizens in easy and affordable mode.26) What are the insurance in PMJDY scheme ? (Life Cover under Pradhan Mantri Jan Dhan Yojana)27) What is Your Strength & Weakness ?28) What is the facility (Irrigation) introduced by M.S.Swaminathan29) About Hobbies30) What is Bank Assurance ?31) Name some Health Insurance Companies ?32) What are the functions of an Bank ?33) Can order cheque be converted into bearer cheque ?34) Name the General Insurance Companies ?35) Validity of a cheque ?36) Meaning of Your Name ?37) About Native Place & Its specials38) Is Interview Necessary ?39) D/B Simple Interest & Compound Interest40) Parties of Cheque?41) Present RBI Governor ?42) First RBI Governor?43) First Indian RBI Governor ?44) R/B Banker & Customer, mentioned in which ACT ?45) Security features in ATM room ?46) If a customer (VIP) deposits a Counterfeit notes, what will you do ?Counterfeit money is imitation currency produced without the legal sanction of the state or government. Producing or using counterfeit money is a form of fraud or forgery. Counter feiting is almost as old as money itself47) Who received Bharat Ratna Award recently ?48) What is the name of signature behind the cheque?49) Value of IT rabate.50) CAMELS abbreviations ?(Capital, Asset Quality, Management, Earnings, Liquidity, and Sensitivity (creditworthiness assessment system)51) IFSC code used for ?52) Banking Ombudsman ?(The Banking Ombudsman Scheme enables an expeditious and inexpensive forum to bank customers for resolution of complaints relating to certain services rendered by banks. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from 1995.)53) Who is the Present President of India ?54) Whos is the Present Finance Minister ?55) Tamilnadu CM Jayalalitha case heared in ? (Bangalore, Karnataka)56) Whom confirm Jayalalith case verdict ?57) Whom release Jayalalitha verdict case ?58) Which loans are provided to a person to manufacture the product ? e.g., Water bottle59) Letter of Credit means ? (a letter issued by a bank to another bank (especially one in a different country) to serve as a guarantee for payments made to a specified person under specified conditions.)60) Bank Guarantees means? (A guarantee from a lending institution ensuring that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank will cover it.)61) Situation Question : When you are working as a PO in Public sector bank, And near of your branch, So many Private and Public sector banks are there. And How will you attract the people towards your bank?62) Non performing assets ? (A Non-performing asset (NPA) is defined as a credit facility in respect of which the interest and/or installment of principal has remained 'past due' for a specified period of time. In simple terms, an asset is tagged as non performing when it ceases to generate income for the lender.)63) Chennai Flood Related Questons64) Who are all scored Double century in ODI cricket?65) What is Recent record in Cricket ?66) Difference between FCNR & RFC ?67) What is your part during Chennai floods ?68) What is the meaning of your name ?69) Situation Question : What will you do if your husband gets foreign opportunity, You will quit the job. So, why should we select you?70) Chairman of SBI71) Situation Question : Suppose if you are an Assistant Manager, only you and clerk are in the bank. A person comes and deposits a huge amount, then two robbers comes and threatens you with knife to give them money. What will you do?72) Para Banking ? (Banks can undertake certain eligible financial services or para-banking activities either departmentally or by setting up subsidiaries. Banks may form a subsidiary company for undertaking the types of businesses which a banking company is otherwise permitted to undertake, with prior approval of Reserve Bank of India.)73) Retail Banking ? (Retail banking also known as Consumer Banking is the provision of services by a bank to individual consumers, rather than to companies, corporations or other banks. Services offered include savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards)74) What are the documents you should have when you drive a 2-wheeler?75) RC book is issued by which authority ?76) Services of ATM77) Which bank cancelled withdrawal receipt issue recently ?78) Who is Chennai Mayor ?79) Three principles of Insurance ?80) What you have to check, if you buy a land ?81) Life & Non-Life Insurance ?82) Hobbies : What are the novels have read ?83) Questions related to Cooking ?84) Positive & Negative points about urself ?85) Who issued EC certificate which is related to housing ?86) Off-sheet Balance items87) I opend an account in a bank & name my wife as a nominee, should we tell that she is the nominee person for the account opened by her spouse?88) What is the Sundry debtors ?89) Where is your spouse working ?90) Did you help him in his work ?91) Auto loans proof ?92) What is Pay slip ?93) What is withdrawal slip ?94) If you want to transfer your account from UP to Tamil Nadu, what are the documents yourequire?95) What is DRA ? (The Developmental Reading Assessment (DRA) is a standardized reading test used to determine a student's instructional level in reading. The DRA is administered individually to students by teachers and/or reading specialists.96) Chief of three Defence Forces?97) Recently our Prime Minister, visited unexpectedly to which country ? Was the motive good or not ?98) Priority sector advances (Priority sector refers to those sectors of the economy which may not get timely and adequate credit in the absence of this special dispensation. Typically, these are small value loans to farmers for agriculture and allied activities, micro and smallenterprises, poor people for housing, students for education and other low income groups and weaker sections.)99) No of states, recently included states ?100) Chief Minister of Telangana ?101) Types of debentures102) How many payment banks are there ?103) Who is M.S.Subulakshmi104) What is correspondent bank ?105) What is soft bank ?106) Tell about your family107) How to identify counterfeit notes ?108) What is depreciation in Balance Sheet ?109) Women Chief Ministers of India110) What are the subsidy for Housing for all schemes ? Why only women are eligible?111) Tell me five famous womens of India112) Situation Question : When a person from Rural Area has got a loan and he is not giving back and you are given the responsibility to collect it from him. What you’ll do?113) What is hard copy ?114) How you’ll arrange mirror imaged icons in PC screen ?115) Balance Sheet Items - Assets & Liabilities116) Working Capital ratio117) Current ratio118) Max loan granted by payment banks - No loanHow do payment banks earn ? - Through RemittancesWhat are remittancesNo of Payment Banks119) Does required to be verified from the cust who wants to avail Housing loan ?120) About Tatkal Banking121) Explain in Tamil, any 2 functions of a bank122) NSE & BSE - No of listed companies - Name some PSU’s listed ?123) Name few PSB’s esablished in foreign countries.124) What are the Documents required for a Proprietor firm, Partnership firm of public ltd company ?125) What is Revenue Reseve & Capital Reserve126) About DICGC : (Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of Reserve Bank of India. It was established on 15 July 1978 under Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providinginsurance of deposits and guaranteeing of credit facilities. DICGC insures all bank deposits, such as saving, fixed, current, recurring deposits for up to the limit of Rs. 100,000 of each deposits in a bank)127) About ECGC (The ECGC Limited is a company wholly owned by the Government of India based in Mumbai, Maharashtra. It provides export credit insurance support to Indianexporters and is controlled by the Ministry of Commerce.)128) What is SDR ? (The Special Drawing Right (SDR) is an international reserve asset, created by the IMF in 1969 to supplement the existing official reserves of member countries. The SDR is neither a currency, nor a claim on the IMF. Rather, it is a potential claim on the freely usable currencies of IMF members.)129) What is MSF ? (Marginal Standing Facility (MSF) is a new scheme announced by the Reserve Bank of India (RBI) in its Monetary Policy (2011-12) and refers to the penal rate at which banks can borrow money from the central bank over and above what is available to them through the LAF window)130) About Hobbies (Mentioned No Hobbies in BIO-DATA, suggested to mention at least one hobby)131) CGTMSE(The main objective is that the lender should give importance to project viability and secure the credit facility purely on the primary security of the assets financed. The other objective is that the lender availing guarantee facility should endeavor to give composite credit to the borrowers so that the borrowers obtain both term loan and working capital facilities from a single agency. The Credit Guarantee scheme (CGS) seeks to reassure the lender that, in the event of a MSE unit, which availed collateral free credit facilities, fails to discharge its liabilities to the lender, the Guarantee Trust would make good the loss incurred by the lender up to 75 / 80/ 85 per cent of the credit facility.)132) Horizontal merger (Horizontal merger is a business consolidation that occurs between firms who operate in the same space, often as competitors offering the same good or service)133) Communication System (from my PG subject)134) Banking Hierarchy135) About Natural Guardian(A child's parent. In divorce situations, the parent with custody is considered the natural guardian. The opposite of a natural guardian is an appointed guardian or legal guardian, who must be authorized by a court or a will to care for and make decisions on behalf of a minor child. Of particular concern are financial and medical decisions; since minor childrengenerally do not have legal authority to make such decisions, their natural or legal guardian must authorize them.)136) Technical questions related to My Subject- Types of Circuits- Open circuit & closed circuit- About three phaces (RYB)- About Earthing137) Situation Question :If you are a Assistant Manager in a Bank, your superior person told you to grant loan for a person who he knows, But the documents submitted by the person is not valid, what you will do at that time ?138) Sheep loan139) Tax Deducted at source for Deposits140) Tripatriate Free Trade Agreement141) Management142) Active Voice / Passive Voice143) Current Ratio - Current Assets / Current Liabilities144) Tangible / Intangible assets(Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory. The opposite of a tangible asset is an intangible asset. Nonphysical assets, such as patents, trademarks, copyrights, goodwill and brand recognition, are all examples of intangible assets.)145) Current / Non Current Assets(A noncurrent asset is an asset that is not likely to turn to unrestricted cash within one year of the balance sheet date. (This assumes that the company has an operating cycle of less than one year.) A noncurrent asset is also referred to as a long-term asset.)146) SBI Registred Office147) SBI Established Date148) Head Quarters of few Banks149) Difference between normal cheque and CTS150) Relationship between Depositor and Banker151) Relationship between person who is having safe deposit locker and banker.152) Emblem in currency note of Rs.500153) Emblem in currency note of Rs.10154) Break even point (In economics and business, specifically cost accounting, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even.")155) Dandi Yatra (On 12 March 1930, Gandhi and 78 satyagrahis many of them were scheduled castes, set out on foot for the coastal village of Dandi, Gujarat, over 390 kilometres (240 mi) from their starting point at Sabarmati Ashram.)156) BSBDA(Basic Savings Bank Deposit Account (BSBDA) is a Zero Balance Savings Account that takes care of your simple banking needs with Free ATM card, monthly statement, and cheque book.)157) Minimum Balance for BSBDA158) Regarding Plastic Money(Plastic money is a term that is used predominantly in reference to the hard plastic cards we use everyday in place of actual bank notes. They can come in many different forms such as cash cards, credit cards, debit cards, pre-paid cash cards and store cards.)159) Blind person conditions while Opening a Account160) Dormant Account(DEFINITION of 'Dormant Account' When there has been no financial activity for a long period of time, other than posting of interest, an account can be classified as dormant. Statute of limitations usually does not apply to dormant accounts, and funds can be claimed by the owner or beneficiary at any time.)161) ALM (Application lifecycle management (ALM) is the supervision of a software application from its initial planning through retirement. It also refers to how changes to an application are documented and tracked.)162) NPA(A Non-performing asset (NPA) is defined as a credit facility in respect of which the interest and/or installment of Bond finance principal has remained 'past due' for a specified period of time. NPA is used by financial institutions that refer to loans that are in jeopardy of default.)163) Risk faced by Banks - Market, Operational, Credit Risk ?164) Syndicate Bank Head Quarters165) Delhi - Banks Headquarters166) FCNR (It means 'Foreign Currency Non-Resident (Bank)' Account. Who can open a FCNR (B) a/c ? - The account can be opened in the name of NRI individuals (single/ joint) or with resident Indians on 'former or survivor' basis.)167) 1969 - Any four Nationalised Banks168) Financial intermediaries(an institution, such as a bank, building society, or unit-trust company, that holds funds from lenders in order to make loans to borrowers.)169) What are the Function of RBI?170) What are the Roles of a PO ?171) CRR (Cash Reserve Ratio)172) MSF (Marginal Standing Facility)173) SLR (Statutory Liquidity Ratio) - Indepth174) DICGC full Form ? (The Deposit Insurance and Credit Guarantee Corporation Act, 1961)175) MUDRAK Schemes (Micro Unit Development / Credit Guarantee Corporation176) Situation Question : A person comes in to my bank with Rs.51000/-, What is the procedure to deposit in an Account.Bank Exams PO, Coaching Centre Chennai, ibps, RRB, SSC, Bank Clerical Exams,

A lot of what you do as a Compliance officer in non-financial services, non-medical/pharmaceutical retail establishment has to do with following the laws and regulations that apply to your industry. Basically, if you are a CCO (as I’ve been), you have to determine which regulations apply to you, execute a gap analysis against your current controls, develop an inventory of your current controls and how they apply to your current assets (prioritized by risk), and create a roadmap to how you will close the gaps, again focusing on high-risk assets/controls first.For example, just a U.S. clothing retail store would need to build their processes, systems, and controls around the primary compliance framework, the U.S. Federal Sentencing Guidelines for Organizations. Originally released in 1991, it has undergone several updates that have integrated the information and lessons learned by some of the most egregious, corrupt, and iniquitous corporate and business dealings in the late 90s and late oughts. It has a number of guidelines, which can be between 8 and 12 depending on how you count. Generally, the are:Establish standards and procedures to prevent and detect criminal conduct, which starts with a code of ethics or statement of values.Senior management must be knowledgeable about the compliance and ethics program as well as oversee its implementation and make reasonable efforts to ensure its effectiveness.Make reasonable efforts to exclude any individual who has committed an illegal act or engaged in other activities inconsistent with a compliance and ethics program from a substantial authority in the organization.Periodically communicate the aspects of the compliance and ethics program to its members by conducting training programs and disseminating relevant information.Ensure that the program is followed by (1) monitoring and auditing activities to detect criminal conduct, (2) periodically evaluating its effectiveness, and (3) employing systems that allow for anonymity or confidentiality if employees want to report criminal conduct without fear of retaliation. A common practice is a whistleblower hotline.Promote and enforce the program by offering incentives for performance in accordance with the program and instituting disciplinary measures for engaging in or failing to take reasonable steps to prevent/detect criminal conduct.Respond to criminal conduct and take steps to prevent future and similar offenses when criminal conduct has been detected.These apply to every organization in the USA (as long your firm is a real company and not an organization whose primary goals were criminal [e.g. the Mob or the Trump Organization]…you get a different (and more severe) set of guidelines.)Then there are the domain-specific laws and regulations that still apply to pretty much everyone. Examples of these includeHIPAA (Health Insurance Portability and Accountability Act of 1996: U.S. government legislation) that ensures a person's right to buy health insurance after losing a job, establishes standards for electronic medical records and protects the privacy of a patient's health information. (Dictionery.com…it’s been a while)PCI (Payment Card Industry Data Security Standard ): PCI Security Standards are technical and operational requirements set by the PCI Security Standards Council (PCI SSC) to protect cardholder data. The standards apply to all entities that store, process or transmit cardholder data – with requirements for software developers and manufacturers of applications and devices used in those transactions. This one will be particularly of interest to you if you are in retail, for obvious reasons.(1)FCPA: Foreign Corrupt Practices Act: The Foreign Corrupt Practices Act (FCPA) is a U.S. law that targets corruption, and is often known as the law used to prosecute bribes paid abroad.CAN-SPAM Act and Fair Credit Reporting Act: require that businesses give people the right to be forgotten. In other words, they must remove individuals from marketing lists if it is requested, tell them when and why they might share personal information with a third party, or at least ask permission before sharing that data. Now, with new laws coming out that demand longer data retention despite the individual’s desires, it can create some real difficulties.SOX: The Sarbanes-Oxley Act of 2002 is a federal law that established sweeping auditing and financial regulations for public companies. Lawmakers created the legislation to help protect shareholders, employees and the public from accounting errors and fraudulent financial practices.OFAC: Office of Foreign Assets Control: The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities. (Cleary, this one only applies if you are shipping certain kinds of goods internationally. OFAC is a specialized knowledge set. Most Cheif Compliance Officers have a general knowledge of OFAC, but you usually have to hire a specialist for your team if you plan to be shipping, for example, a lot of computer goods abroad.Occupational Health and Safety Administration (OSHA): OSHA implements laws and regulations regularly in the following areas, construction, maritime, agriculture, and recordkeepingGDPR, UKBA: Most recently, there have been some international privacy and Bribery regulation that will implicate any company that has any customers (or data about customers) from the European Union (and the soon to be former member of the EU, the soon to be United Kingdom of England and Wales (sorry, had am British by inclination and I’ve been a little bent out of shape re: Brexit). These reach worldwide even if your relationship with Europeans (as customers, business partners or vendors) is tenuous. They include the “right to be forgotten” and the “right to have inaccurate data corrected.” You can see how this could be lead to considerable work to set up the systems to accurately locate date about data subjects (people) or find other data to correct it if the data subject requests the amelioration of inaccurate data. Oh, and unlike US regulators, EU and soon to be former EU countries (lacking divine intervention), regulators put substantial fines for non-compliance. In the case of GDPR, fines are as high as 4% of revenue or 20M Euros.If your company does any financial services work (like provide a credit card to your shoppers [these days most retail firms contract that out to credit card companies, but I’m including this for completeness], you’d have to determine if you were subject to GLBA (The Gramm-Leach-Bliley Act GLB Act or is also known as the Financial Modernization Act of 1999. It is a United States federal law that requires financial institutions to explain how they share and protect their customers' private information. Another regulation specific to the Financial Services Industry is the Dodd-Frank Wall Street Reform and Consumer Protection Act. This is a complex regulation which the conservative members of Congress have attempted to castrate regulations that were created in order to avoid another systemic financial meltdown like 2008. One part of Dodd-Frank is to set up the Consumer Financial Protection Board, the mission of which is to ensure new products by the financial services industry are both simple enough for consumers to understand and in the interest of the consumers. The most recent leaders (e.g., the Trump appointees) of the CFPB have acted as if their primary mission was to act to protect the banks, not the consumer. In any case, if you provide financial products, you’ll need to be sure you are not running afoul of the CFPB, even as enfeebled as it is.

A lot of what you do as a Compliance Officer in non-financial services, non-medical/pharmaceutical retail establishment has to do with following the laws and regulations that apply to your industry. Basically, if you are a CCO (as I’ve been), you have to determine which regulations apply to you, execute a gap analysis against your current controls, develop an inventory of your current controls and how they apply to your current assets (prioritized by risk), and create a roadmap to how you will close the gaps, again focusing on high-risk assets/controls first.For example, just a U.S. clothing retail store would need to build their processes, systems, and controls around the primary compliance framework, the U.S. Federal Sentencing Guidelines for Organizations. Originally released in 1991, it has undergone several updates that have integrated the information and lessons learned by some of the most egregious, corrupt, and iniquitous corporate and business dealings in the late 90s and late oughts. It has a number of guidelines, which can be between 8 and 12 depending on how you count. Generally, the are:Establish standards and procedures to prevent and detect criminal conduct, which starts with a code of ethics or statement of values.Senior management must be knowledgeable about the compliance and ethics program as well as oversee its implementation and make reasonable efforts to ensure its effectiveness.Make reasonable efforts to exclude any individual who has committed an illegal act or engaged in other activities inconsistent with a compliance and ethics program from a substantial authority in the organization.Periodically communicate the aspects of the compliance and ethics program to its members by conducting training programs and disseminating relevant information.Ensure that the program is followed by (1) monitoring and auditing activities to detect criminal conduct, (2) periodically evaluating its effectiveness, and (3) employing systems that allow for anonymity or confidentiality if employees want to report criminal conduct without fear of retaliation. A common practice is a whistleblower hotline.Promote and enforce the program by offering incentives for performance in accordance with the program and instituting disciplinary measures for engaging in or failing to take reasonable steps to prevent/detect criminal conduct.Respond to criminal conduct and take steps to prevent future and similar offenses when criminal conduct has been detected.These apply to every organization in the USA (as long your firm is a real company and not an organization whose primary goals were criminal [e.g. the Mob or the Trump Organization]…you get a different (and more severe) set of guidelines.)Then there are the domain-specific laws and regulations that still apply to pretty much everyone. Examples of these includeHIPAA (Health Insurance Portability and Accountability Act of 1996: U.S. government legislation) that ensures a person's right to buy health insurance after losing a job, establishes standards for electronic medical records and protects the privacy of a patient's health information.PCI (Payment Card Industry Data Security Standard ): PCI Security Standards are technical and operational requirements set by the PCI Security Standards Council (PCI SSC) to protect cardholder data. The standards apply to all entities that store, process or transmit cardholder data – with requirements for software developers and manufacturers of applications and devices used in those transactions. This one will be particularly of interest to you if you are in retail, for obvious reasons.(1)FCPA: Foreign Corrupt Practices Act: The Foreign Corrupt Practices Act (FCPA) is a U.S. law that targets corruption, and is often known as the law used to prosecute bribes paid abroad.CAN-SPAM Act and Fair Credit Reporting Act: require that businesses give people the right to be forgotten. In other words, they must remove individuals from marketing lists if it is requested, tell them when and why they might share personal information with a third party, or at least ask permission before sharing that data. Now, with new laws coming out that demand longer data retention despite the individual’s desires, it can create some real difficulties.SOX: The Sarbanes-Oxley Act of 2002 is a federal law that established sweeping auditing and financial regulations for public companies. Lawmakers created the legislation to help protect shareholders, employees and the public from accounting errors and fraudulent financial practices.OFAC: Office of Foreign Assets Control: The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities. (Cleary, this one only applies if you are shipping certain kinds of goods internationally. OFAC is a specialized knowledge set. Most Cheif Compliance Officers have a general knowledge of OFAC, but you usually have to hire a specialist for your team if you plan to be shipping, for example, a lot of computer goods abroad.Occupational Health and Safety Administration (OSHA): OSHA implements laws and regulations regularly in the following areas, construction, maritime, agriculture, and recordkeepingGDPR, UKBA: Most recently, there have been some international privacy and Bribery regulation that will implicate any company that has any customers (or data about customers) from the European Union (and the soon to be former member of the EU, the soon to be United Kingdom of England and Wales (sorry, am British by inclination and I’ve been a little bent out of shape re: Brexit). These reach worldwide even if your relationship with Europeans (as customers, business partners or vendors) is tenuous. They include the “right to be forgotten” and the “right to have inaccurate data corrected.” You can see how this could be lead to considerable work to set up the systems to accurately locate date about data subjects (people) or find other data to correct it if the data subject requests the amelioration of inaccurate data. Oh, and unlike US regulators, EU and soon to be former EU countries (lacking divine intervention), regulators put substantial fines for non-compliance. In the case of GDPR, fines are as high as 4% of revenue or 20M Euros.If your company does any financial services work (like provide a credit card to your shoppers [these days most retail firms contract that out to credit card companies, but I’m including this for completeness], you’d have to determine if you were subject to GLBA (The Gramm-Leach-Bliley Act GLB Act or is also known as the Financial Modernization Act of 1999. It is a United States federal law that requires financial institutions to explain how they share and protect their customers' private information. Another regulation specific to the Financial Services Industry is the Dodd-Frank Wall Street Reform and Consumer Protection Act. This is a complex regulation which the conservative members of Congress have attempted to castrate regulations that were created in order to avoid another systemic financial meltdown like 2008. One part of Dodd-Frank is to set up the Consumer Financial Protection Board, the mission of which is to ensure new products by the financial services industry are both simple enough for consumers to understand and in the interest of the consumers. The most recent leaders (e.g., the Trump appointees) of the CFPB have acted as if their primary mission was to act to protect the banks, not the consumer. In any case, if you provide financial products, you’ll need to be sure you are not running afoul of the CFPB, even as enfeebled as it is.(1) https://en.wikipedia.org/Payment...