What is Criminal Compliance?
The purpose of the Criminal Compliance program under Wessing is to detect risk factors and minimize the likelihood that certain risks will be realized - with an aim to protecting the company and its employees. As part of the overall risk-management program, criminal compliance works to prevent criminal offenses and regulatory violations related to the company’s activities. According to the experience of the Wessing & Partners law firm, there is no „one size fits all”, only custom programs can be successfully implemented in practice.
In economic practice, the so-called FRAUD management is just one small part of the Criminal Compliance.