Corporate Legal Compliance in 2009: Are You Ready to Deal with Today’s Risks?

Date: Wednesday March 18th

Time: 12:00 PM EDT  / 11:00 AM CDT / 10:00 AM MDT / 9:00 AM PDT

THIS EVENT IS ARCHIVED AND AVAILABLE ON DEMAND!

Simply click on “Register for this event” above.  If you’ve already registered, just click “Log in to this event.”

Your presenters:

Theodore L. Banks
Compliance & Competition
Consultants, LLC
Alice M. Peterson
Founder and President
Syrus Global

The combination of the financial crisis and a new, more aggressive administration in Washington presents an unprecedented compliance challenge to companies in the United States.  New statutes and regulations are being promulgated that will impose new requirements for many companies that had no involvement in “troubled assets,” and did not receive stimulus funds.  Department and agency heads promise revived federal enforcement in many fields.  Customers and consumers, whose trust and confidence in the corporate world has been shaken by the drastic decline in share prices, are now even more skeptical of corporations revealed to have clandestinely paid huge salaries to executives.

When publicity erupts over a compliance problem — such as people dying from unsafe peanuts — customers and consumers will have no hesitancy to abandon a company they don’t think they can trust.  Even if the financial debacle has not hit your company, your customer base can be devastated by a widely-publicized compliance problem.  And your employees, concerned over layoffs, might well be skeptical of the company’s commitment to doing business with integrity.  Employees who don’t think that management cares about them demonstrate their concerns by reduced job performance, and increases in fraud and theft.

Countering these threats is not an impossible task.  You can set up an effective compliance program, or enhance an existing program, to minimize the possibility that a major compliance problem will threaten your organization.

In this webinar, you’ll hear suggestions on what you can do for your compliance program, including:

  • Reviewing your compliance risk profile to ensure that your programs are relevant  to the current environment
  • Examining how management establishes the “culture of compliance”
  • Ensuring that training programs reach the right employees with the right message
  • Ensuring that a wide variety of lines of communications to and from employees are open
  • Working with other departments to verify the effectiveness of your programs