In a previous post, we discussed the potentially disastrous consequences of companies’ failing to adhere to the compliance requirements impacting their business by looking at several high-profile examples.
The challenge for most companies faced with regulatory and compliance obligations is not necessarily knowing what compliance obligations they face or the potential consequences of failing to meet those obligations but rather ensuring compliance throughout the organization.
Finding the Right Balance
It only takes one employee, at any level, to expose a company to significant liability for violating a law or regulation, but compliance rules are often lengthy and complex.
