Organisations to have access to a selection of tools to support compliance effectiveness amid regulatory change
LONDON, 29 August 2017 -- Leading ethics and compliance software and services company NAVEX Global announced the launch of its “8 Steps to an Effective Compliance Programme” series, drawing together crucial components to help companies improve compliance programme performance and specifically on bribery, corruption and other regulatory risks.
“NAVEX Global’s eight-phase programme is designed specially to assist companies in the strengthening of their compliance programmes, particularly in light of recent legislative and regulatory changes, such as Sapin II and the UK Modern Slavery Act,” said Randy Stephens, Vice President of NAVEX Global’s Advisory Services team. “We’re pleased to offer a selection of proven and effective measures and best practices to help compliance officers and business leaders alike to maximise the effectiveness of their programmes, driving organisational performance in turn.”
Beginning with an evaluation of the importance of risk assessments for effective compliance programmes, NAVEX Global will reveal its eight essential steps towards programme optimisation on a week-by-week basis. Some of the key topics addressed will include:
- Increasing employee awareness of, and access to guidelines surrounding, corporate expectations of ethics and compliance requirements;
- Assessing the impact of compliance programmes on employee behaviours, particularly around issues such as bribery, conflicts of interest and whistleblower retaliation;
- Expanding the company’s ability to benchmark compliance programme improvements where they indicate change and progress.
At the end of the programme a free webinar will bring together NAVEX Global’s expertise and insight into the factors that contribute to greater compliance programme efficiency to enable firms to improve their approach to ethics and compliance strategies across the business.
“Faced with the continuous evolution of regulatory expectations along with new country or enforcement organization and legislative approaches or guidance to ethics and compliance, the need for companies to clearly identify, implement and measure the indicators of an effective compliance programme has never been greater,” Stephens continued. “Boards of Directors expect and we want compliance staff to be confident in encouraging senior staff to adopt compliance initiatives into the day-to-day running of the business, rather than as a secondary consideration.”
“By the end of the programme, compliance staff should feel fully informed of practices needed to coordinate a more effective, firm-wide approach to ethics and compliance strategies,” Stephens said.
Each step of NAVEX Global’s programme will be announced weekly via email, with more information available online. To register for the live webinar, where insights from the duration of the programme will be summarised into applicable examples, please follow the link here.
About NAVEX Global
NAVEX Global’s comprehensive suite of ethics and compliance software, content and services helps organisations protect their people, reputation and bottom line. Trusted by more than 12,500 clients, our solutions are informed by the largest ethics and compliance community in the world. For more information, visit www.navexglobal.com/en-gb.