Businesses must obey thousands of pieces of conflicting legislation. Is it possible to comply with them all while remaining agile and responsive to changing conditions?

At the roundtable The law is an ass(set)", CEO's, directors and specialists gathered to discuss the next questions :
- Hasn't Sarbanes-Oxley been a waste of time given that investment banks seem to have run up trillions in debt using off-balance sheet vehicles?
- How far down the line are we with compliance to international legislation in SA?
- What about local legislation? How much of an impact does that have?
- How much of an educator do vendors have to be?
- Are there funds available to help companies comply with these tens of thousands points of law?
- Legislating behaviour?