Compliance


The term compliance is defined as an audit for monitoring the legal environment of a company, and for advising its board according to the outcome of the monitoring. Compliance is the process of adhering to a set of established guidelines or rules established by external bodies such as government agencies, frameworks or by internal corporate policies.

CopenhagenComplianceŽ focuses on all Major European and international Compliance, Risk and Governance issues. This is your opportunity to focus on the issues that are important to your organization. Copenhagen Compliance will provide new strategies for handling enterprise Compliance Risk and Governance management, EuroSox, IT security & controls, Best practices, Sarbanes-Oxley, Internal Controls, ethics and integrity, corporate governance, and more.

All business enterprises are encumbered with various risks. One of the latest is methods of reducing risks is thru compliance. Compliance activities can considerably reduce the risk in business activities. Implementing Compliance and Internal Controls strengthens competition and market position. Compliance performance make encounters with stakeholders and other international market players a lot easier.

Compliance activity first appeared in financial institutions and the pharmaceutical industry. They have traditionally understood the importance of ensuring the compliance of their activities with existing law and minimizing the risk of causing disturbances in that area.

The advantages of compliance are now appreciated by more and more world's large production and service companies and the size of compliance services grows.

Other compliance terms include prevention, correction activities, and support for the monitored company during any legal procedures, building of structures and creating of procedures.

Compliance spending after Sarbanes-Oxley implementation is rising at an unsustainable rate. Nevertheless the big question remains, whether the money spent is really reducing the risk of compliance violations. CopenhagenComplianceŽ will provide the answers.