Discrimination, investments, consumers, competition, workers and data protection. These are just a few examples of actionism on the part of lawmakers. With their continuous development of legal standards, lawmakers are creating new risks for companies as well as for their management and supervisory boards. New legal regulations do not always lead to improved liabilities on the part of management, but to obvious tightening of the regulations for the company and its boards.
Corporate compliance needs to be considered not only in terms of avoiding liability, but also much more in terms of improving ratings as well as making a sensible and sustainable contribution towards increasing competitiveness.
Here the authors explain in a practical way which compliance risks a company has to consider and how to correctly introduce a compliance organization, with a focus on the legal, organizational and HR aspects. Practical suggestions for implementation and checklists for practical work round off the package.