Compliance, commonly understood as acting in accordance with all applicable rules, laws and regulations in Germany, is one of the central tasks of the company's management bodies. The focus lies on solutions for compliance with the objective law by the company and all its employees. This is where compliance management comes in.
To ensure a monitoring system within the company that meets its needs and provides security, a sensible organizational system, known as a compliance management system (CMS), is required. On the one hand, this system must be perfectly tailored to the company and, on the other hand, it must constantly be adapted after implementation. This applies to all sectors of the economy.
A one-size-fits-all concept using a rigid, ready-made compliance management solution is not feasible due to the differing requirements arising from individual business objectives.
As a basic principle, the requirements for compliance management systems differ according to a company's industrial sector, size, legal form and nationality (or international nature).
Functional compliance systems emphasize the corporate culture to which the company aspires. This is done by addressing concrete, existing company-specific factors (both internal and external) and representing them by means of suitable sets of rules in order to implement a model that is accepted by all employees - regardless of their level of hierarchy - and that is applicable and manageable in the daily working environment.
Most compliance systems in Germany take a similar approach in terms of their basic structures and procedures. The process of setting up a CMS includes:
Compliance management systems are characterized by the ensemble of established structures and measures within a company that ensure compliance (with both legal and ethical rules). This includes, but is not limited to, the following areas and measures:
A customized CMS helps identify possible compliance violations, breaches of duty and negligence at an early stage, making it possible to take proactive efforts in order to ward off civil and criminal liability risks and resulting severe penalties and reputational damage for companies, managers, supervisory bodies and senior executives.
Beyond being a mere legal imperative, compliance management should reflect a decision in favor of the corporate and economic value added. Ultimately, this is about safety and defending a reputation, which includes the avoidance of damage and costs such as sanctions or fines and the fostering of company-wide legally compliant behavior and a sustainable compliance culture.
Drawing on comprehensive and integrative expertise, our team of compliance experts will work with you to develop organizational and personnel measures and coordinate the compliance tools already implemented with those yet to be developed. Specifically, we will support you with:
Your company does not have a compliance management system yet? You would like to adapt or expand your existing CMS? You are looking for comprehensive compliance management consulting? We will support you throughout the complete compliance risk management process. Your experienced contact persons are:
You can reach us by e-mail (firstname.lastname@example.org) or by phone (+49 69 76 75 77 80). We look forward to hearing from you!