To ensure that your company and all the individuals working in it maintain and promote the highest standards of legal and regulatory compliance, it is important to have a compliance officer working closely with the Managing Partner, the Board or the Risk Committee to ensure co-ordination and alignment with your business objectives and keep accountability in respect of all areas of risk.
We act as a first point of contact for internal risk and compliance queries. We 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.
Specific legal, regulatory and compliance issues include: conflicts, sanctions, information security and confidentiality issues, market abuse, share dealing, outside interests, publicity, data protection, consumer legislation, audit letters…
A proactive compliance plan makes a difference as you demonstrate that you are always compliant, and have implemented the necessary resources. So you clearly demonstrate that you are legally reliable and therefore reduce your financial, legal, environmental, reputational and safety risks, with all the potential costs of non-compliance. Also, your executive management has full visibility of the current compliance state of the organisation.