Compliance Management Systems – a must-have for companies

THE RESPONSIBILITY LIES WITH THE LEGAL REPRESENTATIVES

A compliance management system comprises all compliance measures, structures and processes set up in a company for this purpose, and thus provides protection against criminal liability and liability risks for board members (supervisory board, board of directors and management). This is because in recent years, also small and medium-sized enterprises and the public sector have increasingly been the focus of investigations into tax and property offences and the legal requirements have been getting ever more complex.​

We advise (international) family business and capital market-oriented companies as well as operators from numerous industries such as healthcare (e.g. hospitals), non-profit, energy industry (e.g. utilities, municipal energy supply companies), public companies, sports industry, automotive industry, industrial production, and real estate industry.

We advise companies on the structure and implementation of an effective compliance management system and audit the existing systems in accordance with IDW auditing standards for aspects related to the structure, appropriateness and effectiveness.

Depending on requirements, we focus on the general legal environment, including special legal regulations, IT security or tax law.

Tailored to the specifics of your industry, we also focus on the prevention of tax law violations (Tax CMS), money laundering prevention, and the implementation of a data protection management system (DSMS) as components of your compliance management system.

Our compliance management system will take into consideration not only the legal and tax aspects of your company, but also the business aspects.