Insights / News
Insights / News
Failure to organise your compliance framework and react to internal issues can be disastrous for organisations, resulting in fines, sanctions and reputational damage. During the heat of the COVID-19 crisis, while most organisations adapted at pace and carried on through the pandemic, aspects of their usual compliance processes did go into a level of hibernation. Now is the time to look back at what happened, put right any ‘wrongs’ and use lessons learnt to strengthen your organisations’ business conduct and ethics framework.
Where there may have been ‘wrongs’, the decision of any corporate entity to launch an internal investigation is a significant one and often of critical importance to its reputation and commercial future. For international companies, or those with global commercial exposure, foresight into the myriad of legal and practical challenges of internal investigations is vital.
Experts from EY and Outer Temple Chambers discussed how to manage risk through risk assessments, measuring and aligning culture, and using data analytics to give an organisation critical insights. They discussed why these elements are so important to managing your organisation’s risk and gave practical guidance on how to avoid common pitfalls when embedding these into your framework with real life examples.
Moderated by Nicola Mollat, Assistant Director, EY
This webcast will take place on Wednesday 29th July. From cross-border data sharing to regulatory disclosure obligations and legal privilege, the panel will discuss how to react and manage potential issues. We’ll be joined by a guest panellist from a global corporate, for a unique webcast and discussion.
Moderated by Sophie O’Sullivan of Outer Temple Chambers
You can find out more about EY UK&I here.