Compliance is becoming increasingly important for companies and institutions. The number of compliance incidents has been rising steadily for years. It is unclear whether this is due to increasing transparency, e.g. through the Internet, or to ever stricter regulations. However, companies everywhere are feeling that more stringent laws and regulations are complicating business more and more. Remember: Without proven supervision and diligence, without risk assessment and without compliance, you will quickly become liable. So stay on top of the most important compliance issues.
Rising number of scandals and court proceedings
In fact, the number of court cases involving fines and judgments on liability and damages has increased rapidly. Without adequate compliance measures, the risks for companies of becoming liable increase rapidly. Companies are liable for the misconduct of their employees and may even be liable for the misconduct of their business partners.
Compliance Measures: Structural - Procedural - Personal
The Introduction to Compliance modules list all essential structural, process-specific and personal compliance measures in the most important areas of action and topics that you need for effective and efficient compliance.