5 Essential Elements of Corporate Compliance
A Global Template
Effectively managing corporate compliance efforts in today’s regulatory environment–preventing corporate officers and employee from engaging in illegal practices, while also addressing a wide array of other compliance and risk management concerns–presents a major challenge to multinational companies with extended enterprises. Although enforcement guidelines around the world vary in length, tone and language, virtually all touch upon a set of key issues that Baker McKenzie has boiled down to five essential elements: leadership, risk assessment, standards and controls, training and communication, and oversight. These five elements serve as the organizing principles for the way Baker McKenzie counsels our clients in the area of corporate compliance. The updated Five Essential Elements of Corporate Compliance provides guidance to companies not only in respect of the US Foreign Corrupt Practices Act, but also regarding other key jurisdictions where multinationals do business. It also incorporates important developments in enforcement and critical notes on guidance from a variety of global regulators. We hope you find this guide helpful and informative. Registered users can read the Five Essential Elements of Corporate Compliance, here.
We are pleased to invite you to our workshop on "Managing Risk: Compliance in the Healthcare Sector in the Middle East" that will take place in our offices in Dubai on February 26, 2018.
The new law determines the mandatory implementation of a compliance program for companies that enter into contract, partnerships, agreements, concessions, or public-private partnerships with the public administration of the Federal District
We would like to invite you to our conference on "Supply Chain Risks & Rewards in Emerging Markets" which will take place in our offices in Washington, DC on March 15, 2018.
Our compliance specialists discuss the steps that should be taken in order to localize a global compliance program.
Our survey of compliance leaders across 537 multinational companies with a UK turnover of £1 billion or more uncovers the challenges associated with redefining compliance in today's complex business world.
Building on the success of 2016’s “EMEA Corporate Liability Handbook,” we are pleased to present you with the first global edition that collates and describes in detail the corporate liability and corporate crime regimes of countries in Asia, EMEA and the Americas.
On August 28, 2017, Petróleos Mexicanos published its new Code of Conduct. The Code outlines the corporate ethics principles and guidelines mandatory for all employees, subsidiaries and affiliates.
We are pleased to announce that the updated second edition of the Baker & McKenzie dictionary : Compliance and Governance from A-Z is now published.
In addition to the establishment of the Beneficial Ownership Central Register, the Law requires legal entities to maintain an updated record of the shareholders and persons controlling the company.
The German Federal Court of Justice ruled that a compliance management system can reduce a fine. What are the prerequisites?