Ethics & Compliance Management

Today, the priorities of the companies are to create a common corporate culture, to protect the reputation of the Corporation, to improve the behavior of employees, to comply with legal requirements, to meet the expectations of stakeholders, to be a responsible company to society, to strengthen the position of the company against competitors, to reduce the effects of misconduct by creating an Ethics Code / Regulation. In this context, we will provide you with the following support for the development of the ethical culture:

• Meeting with Senior Management regarding the importance of ethical culture
• Establishing the Ethics Committee & Providing Ethics Trainings
• Evaluation and improvement of the Code of Ethics
• Communication of Ethical Policy and Procedures and Ethics Hotline to employees and relevant stakeholders by the leadership of Company’s top management

Code of Ethics & Conduct helps to demonstrate Organisation’s awareness and shape its responsibility in front of employers, customers, business partners, communities and competitors. It facilitates the Organisation’s ability to make a difference on a market. Moreover, it helps to articulate the Organisation’s expectations to its employees much clearer and positively influences their behaviours. Code of Ethics & Conduct is an essential attribute of any Organisation that aims to secure its profitability, brands and reputation on the market.

We help to enhance corporate culture in Organisations through support with design and implementation of strong and effective ethics and compliance practices.

• Reviewing the Company’s current operations from a compliance aspect such as an ABAC and trade control & sanctions perspective
• Review of the Company’s key documents including current policies and procedures;
• Assess the Company’s current stance with respect to compliance and trade controls;
• Site visits to the Company’s offices to hold workshops with Company management (including: key executives, business unit leaders and relevant people from legal, finance, internal audit and compliance teams) to understand Company controls with respect to bribery, corruption and trade controls / sanctions;
• Identify Company’s compliance related risks and improvement areas with respect to the current regulations including: Foreign Corrupt Practices Act of US, UK Bribery Act, OECD Convention, and US Trade Controls and Sanctions.
• Provide you with a legal memorandum (in conjunction with legal counsel) identifying risk and improvement areas and our recommendations to mitigate those risks and enhance the current compliance program.

Phase 1 - Assessment

• Assessing the current control environment and identifying the gaps/risks with regards to ABAC, AML & Sanctions and Ethics compliance design via interviews with process owners

Phase 2 – Road Map to Compliance Program

• Determination of compliance risks and drafting enhanced policies and procedures for the Company.
  • Anti-Bribery Anti-Corruption
  • Anti-Money Laundering & Trade Sanctions
  • Ethics

Phase 3 - Implementation of Compliance Program

• Providing full day training sessions for the Company’s management and selected group of managers.
• Provide ad-hoc assistance and guidance to the Company during the implementation of the compliance program.

Entitlement assessment and contract compliance

Make sure you’re paid or paying the appropriate fees under the licensing agreements and supplier or vendor contracts.

Different accounting policies and practices, as well as changes in accounting guidance, can impact key calculations under these agreements, affecting terms such as sales returns, damaged goods and consignment sales. Understand your agreement to make sure you’re getting what you’re entitled to.

In the event of a dispute, our experienced professionals can support your claim with legal and alternative dispute resolution methods.

• Data Analytics and Customer Contract Tool
• Decision Making and Negotiation Strategy
• Pilot Negotiations and Settlements
• Legal Support

On-site review of selected distributor and agents to identify potential irregularities by understanding general business practices, corporate relations, compliance environment, potential conflict of interest and suspicious transactions to assist your organization in mitigating third party risks.

Our forensic experts help you with Competition Investigation Support which includes the following compliance procedures:

• Review of compliance with regulatory framework related to competition
• Developing strategies for mitigating the risks of possible competition law violations and establishing corporate policies for managing key risks