Corporate Compliance
What is Corporate Compliance?
An organization's adherence to laws, regulations, standards, and internal policies that govern its operations and business practices.
Terms that appear alongside corporate compliance
Each of these is named in at least one of the same controls as corporate compliance. The number is how many controls name both.
- compliance 3 shared controls
- due diligence 3 shared controls
- compliance programme 3 shared controls
Frameworks that govern corporate compliance
What the standards actually require on corporate compliance
Requirements naming corporate compliance across 3 standards, quoted from the control text.
Adhere to OECD MNE Guidelines Chapter VII (Combating Bribery + Other Forms of Corruption) aligned with OECD Anti-Bribery Convention + UN Convention Against Corruption.
OECDMNE-6 · Combating Bribery and Other Forms of Corruption + Transparency in Political Engagement →Per RA 10175 Section 9: corporate criminal liability. Requirements include (a) understand Liability of Corporate Officers per Section 9 - juridical persons + officers may be liable for offences committed in the conduct of business + (b) implement compliance pr...
PHILCC-4 · Corporate Liability and Officer Liability →Per FCPA Resource Guide + DOJ Evaluation of Corporate Compliance Programs: compliance programme + risk-based DD on third parties + agents + JV partners + M&A + training.
USFCPA-4 · Compliance Programme and Due Diligence →Questions people ask about corporate compliance
What is Corporate Compliance?
Why is Corporate Compliance important for compliance?
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See how Corporate Compliance applies across compliance frameworks
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