Compliance

Compliance is a fundamental tool for the survival of companies. A compliance program is not only a tool to avoid corruption in companies, but works as a kind of guide, showing employees how they should act in each specific case, according to the rules established by the organization itself. From the market’s and government agencies’ point of view, especially in the case of inspection, it ensures that the company is strictly complying with all obligations imposed by regulatory agencies, within the standards required for its segment. Since the enactment of the anti-corruption law and new inspection procedures related to contracting with the public administration, violating its determinations can result in heavy fines, image risks for the company, the dissolution of the company, and even the eventual criminal liability of those who manage it, even if the manager justifies partial or total ignorance of the corruption actions.

The implementation and monitoring of a compliance program, demonstrating the periodic training of staff and third parties, as well as the permanent follow up of a channel for reports will be able to counter any eventual imputation related to non-conformity pointed out by public and private agencies, demonstrating the integrity and preventive planning of the company based on the legal advice and consultancy of our professionals. Thus, BAM Law offers a complete service for the implementation of the program, follow up on training, service of whistleblower channel and internal investigations, and offers the service of assistance in appointing the compliance team and acting as the company’s compliance officer.