Compliance HouseIn order to be able to conduct a proper defence against the findings or sanctions imposed by the supervisory authority and to be able to prepare for the investigation, it is important for the company and its employees to be aware of the rights and obligations of the company and the powers of the […]
Compliance HouseFor banks, too, this is a modern era in which a lot is changing. In many areas, such as the behavioural risk, the law on secrecy, the risk of money laundering and, for example, the risk of subcontractors, regulations are being made more stringent or new rules are being drawn up. They cover a […]
Compliance HouseInitially, compliance for pension funds according to the Model Code of Conduct of the pension organizations meant ‘monitoring compliance with legal rules and rules that the pension fund itself has drawn up with the aim of preventing reputational damage’. Nowadays, however, the emphasis for pension funds in the context of compliance is no longer […]
Compliance HouseIn order for a compliance program to operate effectively, compliance monitoring within the company is necessary and a good Compliance Officer is indispensable. After all, in general, a Compliance Officer within the company is not only an advisor, but he or she is also responsible for supervising compliance with the existing compliance program.Curious about […]
Compliance HouseIn addition to internal supervision of compliance with applicable laws and regulations, the company may also be subject to investigation by external supervisors such as the Netherlands Authority for Consumer and Market, the Netherlands Authority for the Financial Markets or the Netherlands Authority for Personal Data. The investigation may be carried out ex officio, […]
Compliance House While most companies focus on avoiding the consequences and fines of non-compliance through an effective compliance program and compliance function, the importance and benefits of compliance training are often unjustly overlooked. After all, only drafting a compliance program and setting up a compliance function is not enough. Employees and directors of the company […]
Compliance HouseIn order to promote fair competition and free trade within the European Union, competition law, including merger control and cartel prohibition and the prohibition of abuse of a dominant position, limits the market behaviour of companies. If a company does not respect these limits, it can have all kinds of drastic consequences for the […]
Compliance HouseCompliance with, for example, climate and environmental requirements within the industrial sector is of great importance. Enterprises in industrial sectors are faced with the growing number and diversity of administrative and private regulations, such as the Environmental Management Act and the Nature Conservation Act and the associated General Administrative Measures (AMvBs) such as the […]
Compliance HouseFor the trust offices, compliance means the compliance with or the compliance management of the purpose of the applicable laws and regulations in the context of financial and integrity supervision. The emphasis here is on the supervised institution’s own responsibility to ensure the integrity of its business operations, which includes internalising the purpose of […]
