Audits can be intimidating and overwhelming, so it’s essential to be prepared and plan to ensure that your business is compliant. A comprehensive compliance plan can help your business pass an audit without any issues. Following are the four tips to create a successful compliance plan to prepare for any audit: 1) Understanding what is…
Many are not aware of this fact, but compliance does not only concern credit institutions and investment firms. Strong competition and the globalization of markets have widened its scope of action. It now affects all sectors of activity. And because of this context, many leaders have become aware of the importance of empowering their collaborators…
In an economic and social scenario in which transparency is increasingly required, it is essential to work with the concepts of Risk Control and Ethics. This premise applies to large corporations as well as small ones. But how to be truly transparent daily? It is precisely for this mission that Corporate Governance and Compliance practices…
For most internationally active companies, the topic of trade compliance has become indispensable. The export and import of goods and any services abroad may be subject to various government restrictions. Many companies face difficulty in behaving and acting by the law in foreign trade. Current status of trade compliance According to surveys and studies, the…
Every company, from SMEs to Fortune 500 businesses, must abide by specific laws and regulations or suffer implications. One compliance management flaw can cost you your entire company. Therefore, you must manage your compliances with great care. Due to the increased regulatory complexity that compliance teams must understand and negotiate, today’s compliance function requires more…
Careful corporate governance today must include ensuring compliance with applicable rules and regulations. The management is therefore responsible for the implementation and control of necessary compliance measures. In the event of a negligent breach of this duty of care, CEOs, board members, managing directors, managers and senior executives themselves can also be held liable. A…
