COMPLIANCE CONTROL OF THE COMPANY

Compliance control is a system of appropriate procedures, rules and control measures aimed at ensuring compliance by the company or its employees with the current legislation of Ukraine, ethical standards, regulatory requirements and internal rules in the company.

The main purpose of compliance is to ensure compliance with laws and regulations, prevent potential violations, minimize possible potential risks, and preserve the company’s business reputation.

Despite the fact that in Ukraine the implementation of compliance control is not mandatory at the moment, the interest of many companies, especially those that work with foreign partners or aim to attract foreign investments, has been growing in it recently .

In the business sphere, compliance reflects the legality of the actions of the company as a whole and of each individual employee, from the leading top manager to an ordinary employee of each department and branch of the company.

A compliance check will confirm compliance with the requirements of the law, established rules and standards, as well as the terms of concluded contracts (agreements) and may include:

• development and implementation, as well as compliance and control support in the company,
• providing compliance – control outsourcing services,
• compliance by the company with legislative and relevant standard industry norms,
• observance of financial control by the company,
• anti-corruption audit of the company’s work and proposals for their elimination,
• organization and conducting of trainings for the company’s employees regarding compliance with the company’s corporate (internal) policy (ethics), anti-corruption legislation, compliance with financial control, compliance with legislative and relevant standard industry norms,
• internal investigations of violations of corruption legislation and the company’s corporate policy,
• detection of illegal actions and threats regarding the economic activity of the company (threat of raiding of the company, threat to business reputation, detection of corruption and other risks).

That is, implemented proper and competent compliance – control helps the company avoid many possible real and potential losses and risks: financial, legal, informational, corruption, labor, etc.

Compliance – control of the company can be carried out at any time and will not be an obstacle to the normal work of the company: to carry out compliance – control of the company, it is not necessary to stop the work of the enterprise in regular mode or devote significant time, both on the part of the company’s management and its individual employees

The legal company “Naumenko and Partners” provides within Kyiv, the Kyiv region and throughout the entire territory of Ukraine a qualified legal service of conducting compliance – control, which will certainly bring your business to a qualitatively new legal level of economic activity, guarantee legal security in the company’s work, and also unequivocally will contribute to the attraction of investments and foreign partners.