Effective compliance programs
A well-designed, continuously enforced, and regularly monitored compliance program is not just required by law (for public companies); it’s good business. When deciding whether and, if so, how to prosecute a company under investigation, government regulators and enforcement officials are becoming more and more aggressive. Government regulators are devoting increasing resources to evaluating corporate compliance programs, and accordingly, they are crediting companies that take compliance seriously and have robust compliance programs. Likewise, they are penalizing companies that fail to take compliance matters seriously, or fall short with non-existent or paper programs.
And shareholders have noticed, too. Several companies have been sued by shareholders alleging that the company’s wrongdoing – or subpar financial performance – was caused at least in part by management’s failure to have, enforce, and maintain an adequate compliance program. Of course, having a robust compliance program that is properly enforced also improves corporate culture and creates a work environment that allows employees to thrive.
BittmanLaw works to better understand the company’s business needs and compliance risks
We have spent years creating, updating, and testing compliance programs for companies of all sizes in all industries. We work closely with company management, boards of directors, general counsel, and chief compliance officers to better understand the company’s business needs and compliance risks, and then develop a compliance program appropriate to the company’s business and risk profile. We develop tailored compliance solutions that include a number of key components such as compliance auditing, clear policies and procedures, ongoing monitoring, and reinforcement through effective communication tools and training of key personnel.
Our services include:
- Development of a new compliance program
- Review/audit of an existing compliance program
- Creation or review of codes of conduct
- Risk assessments
- M&A compliance / third party due diligence
- Training and education
