After several economic crises – especially, the most
recent in 2008 - businesses have had to reinvent themselves to
prove to their clients, partners, employees, and stakeholders that
their values and ethics have become stronger and that they are
completely trustworthy at every level of their operations.
Having a strong and effective compliance program is no longer an
option, but a smart and strategic business requirement that leaders
must demonstrate to prove that they are offering something over and
above profitability. They must offer a "risk management"
and stable environment, within which they can still achieve their
goals and increase earnings.
Under the compliance umbrella, anticorruption, trade, antitrust,
anti-bribery, data privacy, and antimoney laundering are only a few
examples of the areas being covered. Additionally, a company needs
to execute its internal controls policy to ensure both compliance
transparency and employee adherence behavior. Multinational
companies that decide to operate in both high-risk and emerging
markets often represent a bigger challenge to compliance because of
the business environment and how they operate with third parties
and their clients.
At Arias & Muñoz we strongly believe that the key
factors for companies to achieve a high-risk control environment,
embed a compliance culture, and build trust and sustainability are
both having an effective compliance policy in place as a market
differentiator and being able to lead with integrity while still
making sure their business operations continue delivering the
growth, market, and financial results that their stakeholders
For more information about our Compliance Services and how we
support our clients - from both the legal and business perspective
- in creating, implementing and improving their compliance policy
programs, please do not hesitate to contact us. We will be happy to
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
Confidentiality of corporate documents and information is one of
the key attractions of incorporating a company in the BVI. A
company search of the BVI Registrar of Corporate Affairs will only
disclose certain information and documents.
A trust is a legal relationship created when a person (the settlor) places assets under the control of another person (the trustee) for the benefit of specified persons (the beneficiaries) or for specified purposes.
The European Market Abuse Regulation ("MAR"), which replaced and extended the existing market abuse regime, prohibits insider dealing, market manipulation and unlawful disclosure of inside information...
This is a very straight-forward procedure and is generally used for companies that have terminated all activities and do not intend to carry on any business in the future.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).