Based on the findings of a systematic compliance risk analysis, a company creates its own compliance program. The programme ideally includes principles and measures to: Compliance risks reduce and avoid violations of laws and rules. Factors taken into account may be the region or business model of the respective business unit.
From the integrity check of new and existing business partners to a central start-up and consulting centre for employees to a whistleblower system such as a whistleblowing hotline, companies can focus on different priorities with compliance measures.
The task of setting up a compliance organisation is to prevent and discover non-standard behavior. The appointment of a compliance officer can be useful here.
The members of the governing bodies are responsible for their performance. In correlation with the industry and size of the company as well as its national or international orientation, liability risks increase both for the company and – in particular – for management bodies.