The research draws on a wide body of literature (books, policy elements, peer-reviewed articles, grey literature, press reports, internet based materials) dealing with a variety of compliance-related topics such as the nature of the duties associated to compliance, its implications for corporate governance in the context of corporate groups active in different jurisdictions and the interplay with risk management regulations. This thesis provides multiple and converging evidence that the challenges of compliance within a cross-border group cannot be solved by relying exclusively on a “one-size-fits-all” process as a means for staying compliant with their foreign obligations throughout the world. While an accurate assessment of compliance organizations’ recognition in alien jurisdictions will only be possible once a robust bulk of case law and policy developments become available, this thesis acknowledges that the job of group compliance offer may indeed prove a Sisyphean task but there are several limitations imposed on his role which should be duly taken into account. More specifically, this thesis specifically aims to advance research in the area of corporate compliance by addressing the complexity associated with recognition of compliance organizations, corporate programs and processes adopted in foreign jurisdictions, and the uncertainties which surround the role and liability of board members and compliance officers