A compliance officer is the first point of contact for internal risk and compliance queries. Companies should address all areas of legal and regulatory compliance, including issues concerning the regulation of the firm, its international operations, its adjacent businesses and its lawyers.
The key tasks of a compliance officer are preventive actions, development and implementation of a risk management framework for the firms across its operations, advising on contracts with suppliers, responding to compliance queries, working closely with senior management for the implementation of risks projects, communicating and training employees on key regulatory and compliance issues, mitigating risks through guidelines and programmes, etc.
Small and medium companies can use external legal support for a better coordination of their compliance. We can assess you on better deciding what is the most appropriate way to organise your company’s compliance program.