Creating an effective compliance culture

The most robust compliance programmes are often in organisations which have previously undergone compliance issues or investigations.  On the flip side, it can be harder to encourage commitment to compliance and investment in improving compliance mechanisms in organisations where there aren’t any apparent issues. 

An effective programme goes beyond merely having in place policies and procedures to prevent bribery.  It requires commitment from everyone in the organisation, from senior management to the people on the ground.  As the SFO’s joint head of Bribery and Corruption recently said –“Where the risks and red flags are prevalent, it seems to me no amount of just sticking to a policy is going to be adequate, in the final reckoning. What is really needed is a culture in which people are able to spot what is in front of them, and react to it”.   

In this session a panel of experts from our U.S. and UK regulatory and governance teams will consider how to create – and reinforce – the right culture and values in particular:

  • What are the pillars of an effective compliance programme – measures that companies can take to mitigate risks
  • What do the regulators in the UK and U.S. expect to see?
  • What does taking a risk-based approach to compliance mean in practice?
  • Setting the tone from the top down – how to foster a culture of compliance in an organisation – key challenges and important levers

  • How to bring about a cultural change in organisations that aren’t facing apparent issues – how to persuade people about the real risk without being a doom-monger

Our speakers will be drawn from
Matt Axelrod, Satindar Dogra, Vanessa Havard-Williams, Lucy Blake