Corporate Responsibility & Compliance

  • Preventive measures in order to ensure compliance with laws and regulations, cross-industry codes, sector-specific codes, internal company policies, and best practices
  • Compliance due diligence covering areas of compliance relevant for the particular transaction or assignment
  • Action and assistance in relation to suspected breaches including management of internal investigations and related communication
  • Managing regulatory intervention including actions in case of misconduct

Opportunities and challenges relating to corporate responsibility and compliance are growing significantly in importance.  In some contexts the efforts are summed up under the abbreviation “ESG” (environmental, social, and governance), in others under the umbrella of  “CSR” (corporate social responsibility) or “Compliance” with reference to a vast number of areas, such as anti-bribery and anti-corruption, corporate governance, data protection, tax, competition, employment, public procurement, sustainability, and transparency, to mention but a few.

Sustainability on the agenda of the board of directors has become less of a “let’s stay out of prison” and more of a “let’s stay in business” topic. Investigations and scandals highlight the speed at which social media enables the public to pass judgement on actions near and far away. “Soft values” have become hard cash.  International businesses need to consider how to ensure policy coherence across the globe, all while managing potential conflicts in relation to commercial objectives.  Decision-makers need to be aware of the legal framework upon which regulators now hold stakeholders liable. “Soft values” are connected to criminal liability, severe corporate fines and sanctions, seriously damaged reputation and bad will, and have a direct impact on cash flow and risk profile with links to competitiveness in the market and company value.

There is a difference between traditional legal advice and guidance which seeks to identify and, in practice, address opportunities and risks in a broad and increasingly complicated context. Contractual representations and warranties, general codes of conduct, and templates alone are often not sufficient. A different way of reviewing information and managing risks is required.

Please contact us if you wish to learn more about our expertise in this particular field, which ranges from corporate dawn raids and white collar crimes to organising compliance programs for both the public and private sector, addressing privacy issues, and covering critical areas of compliance in M&A processes. You can also read more about our practices by following the links below.

Corporate Advisory

Competition & Procurement

Dispute Resolution

Employment

Energy

Environment and Natural Resources

IP & TMT

Private M&A

 

Helsinki

Partner
Telephone:
+358 9 2288 4437
Mobile:
+358 50 544 6451
Partner
Telephone:
+358 9 2288 4206
Mobile:
+358 50 493 8834
Partner
Telephone:
+358 9 2288 4270
Mobile:
+358 40 731 1611

St. Petersburg

Counsel
Telephone:
+7 812 363 3377

Stockholm

Partner
Mobile:
+46 760 000 080
Managing Associate
Mobile:
+46 (0) 760 000 025
Specialist Partner
Mobile:
+46 (0) 760 000 009