{"id":271,"date":"2022-06-26T22:33:24","date_gmt":"2022-06-26T20:33:24","guid":{"rendered":"https:\/\/kaczmarskilegal.pl\/?p=271"},"modified":"2022-06-27T20:31:53","modified_gmt":"2022-06-27T18:31:53","slug":"viii-pillar-doj-sec-program-for-safe-navigation-towards-diligence-prevention-of-fraud-corruption-and-other-damages-to-business-organizations-deriving-from-misconduct","status":"publish","type":"post","link":"https:\/\/kaczmarskilegal.pl\/?p=271","title":{"rendered":"VII Pillar DOJ &#038; SEC Program for safe navigation towards diligent prevention of fraud, corruption and other damages to business organizations deriving from misconduct"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">All business organizations may be held liable for criminal misconduct of their agents, e.g. staff, subcontractors or joint-venture partners. In order to avoid this liability the businesses need to prove diligence in selection, supervision over agents and controls held withing the organization, i.e. the controls landscape and their robustness. There is no one fits all approach, so every business needs to implement proportionate measures that promote compliance but at the same time do not kill the business. The below you may find the VII pillars of a robust anti-corruption program by US Department of Justice (DOJ) and US Securities and Exchange Commission (SEC). Enjoy the reading and in case of any follow up questions, please do not hesitate to contact me. <\/h3>\n\n\n\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"428\" src=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Tone_from_the_top-1024x428.jpeg\" alt=\"\" class=\"wp-image-272 size-full\" srcset=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Tone_from_the_top-1024x428.jpeg 1024w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Tone_from_the_top-300x125.jpeg 300w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Tone_from_the_top-768x321.jpeg 768w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Tone_from_the_top-1536x642.jpeg 1536w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Tone_from_the_top-2048x856.jpeg 2048w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Tone_from_the_top-1568x655.jpeg 1568w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p>Commitment from Senior Management and a Clearly Articulated Policy Against Corruption, i.e. &#8220;tone from the top&#8221; communication<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><img decoding=\"async\" width=\"1024\" height=\"505\" src=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Manage-your-risk-1024x505.jpeg\" alt=\"\" class=\"wp-image-274 size-full\" srcset=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Manage-your-risk-1024x505.jpeg 1024w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Manage-your-risk-300x148.jpeg 300w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Manage-your-risk-768x379.jpeg 768w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Manage-your-risk-1536x758.jpeg 1536w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Manage-your-risk-2048x1011.jpeg 2048w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Manage-your-risk-1568x774.jpeg 1568w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p>Risk Assessment:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>know your business processes and their risk exposure<\/li><li>set risk appetite<\/li><li>identify risk mitigating actions<\/li><li>plan for implementation of respective policies and procedures <\/li><\/ul>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Compliance-and-regulations-1024x683.jpeg\" alt=\"\" class=\"wp-image-273 size-full\" srcset=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Compliance-and-regulations-1024x683.jpeg 1024w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Compliance-and-regulations-300x200.jpeg 300w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Compliance-and-regulations-768x512.jpeg 768w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Compliance-and-regulations-1536x1024.jpeg 1536w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Compliance-and-regulations-2048x1366.jpeg 2048w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Compliance-and-regulations-1568x1046.jpeg 1568w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p class=\"has-normal-font-size\">Code of Conduct and Compliance Policies and Procedures, i.e. set of internal policies and procedures addressing identified risk areas for fraud, corruption nd other misconduct<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"558\" src=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Main_page-1024x558.jpeg\" alt=\"\" class=\"wp-image-276 size-full\" srcset=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Main_page-1024x558.jpeg 1024w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Main_page-300x164.jpeg 300w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Main_page-768x419.jpeg 768w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Main_page-1536x838.jpeg 1536w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Main_page-2048x1117.jpeg 2048w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Main_page-1568x855.jpeg 1568w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p class=\"has-normal-font-size\">Training and awareness program enabling all staff members, subcontractors and business partners to know the risk fraud, corruption and other misconduct exposure, as well as policies and procedures mitigating these risks<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"341\" src=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Due-diligence_1-1024x341.jpeg\" alt=\"\" class=\"wp-image-277 size-full\" srcset=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Due-diligence_1-1024x341.jpeg 1024w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Due-diligence_1-300x100.jpeg 300w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Due-diligence_1-768x256.jpeg 768w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Due-diligence_1-1536x512.jpeg 1536w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Due-diligence_1-2048x683.jpeg 2048w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Due-diligence_1-1568x523.jpeg 1568w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p class=\"has-normal-font-size\">Third-Party Due Diligence and Monitoring of Payments, i.e. diligence in selection of counterparties and staff and constant monitoring of value transfers in search for deviations and irregularities. In case of red flags identified a need to take action<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/01\/Fraud-detection-1024x683.jpeg\" alt=\"\" class=\"wp-image-44 size-full\" srcset=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/01\/Fraud-detection-1024x683.jpeg 1024w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/01\/Fraud-detection-300x200.jpeg 300w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/01\/Fraud-detection-768x512.jpeg 768w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/01\/Fraud-detection-1536x1024.jpeg 1536w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/01\/Fraud-detection-2048x1365.jpeg 2048w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/01\/Fraud-detection-1568x1045.jpeg 1568w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p class=\"has-normal-font-size\">Oversight, Autonomy, and Resources, i.e. ensure independent compliance function for coordination and oversight of all compliance actions, e.g. a Compliance Officer<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Whistleblowing_1-1024x683.jpeg\" alt=\"\" class=\"wp-image-278 size-full\" srcset=\"https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Whistleblowing_1-1024x683.jpeg 1024w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Whistleblowing_1-300x200.jpeg 300w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Whistleblowing_1-768x512.jpeg 768w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Whistleblowing_1-1536x1024.jpeg 1536w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Whistleblowing_1-2048x1365.jpeg 2048w, https:\/\/kaczmarskilegal.pl\/wp-content\/uploads\/2022\/06\/Whistleblowing_1-1568x1045.jpeg 1568w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p class=\"has-normal-font-size\">Incentives and Disciplinary Measures, i.e. communications channels for detection of misconduct &#8211; e.g. whistleblowing hotlines &#8211; and response to these signals, also promotion and prizing of ethical and compliant behaviors<\/p>\n<\/div><\/div>\n\n\n\n<p>Should you like to read more, please find the link to the <a href=\"https:\/\/www.justice.gov\/criminal-fraud\/file\/1292051\/download\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><em>Resource Guide to the\u00a0<\/em>U.S. Foreign Corrupt Practices Act, Second Edition<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All business organizations may be held liable for criminal misconduct of their agents, e.g. staff, subcontractors or joint-venture partners. In order to avoid this liability the businesses need to prove diligence in selection, supervision over agents and controls held withing the organization, i.e. the controls landscape and their robustness. There is no one fits all&hellip; <a class=\"more-link\" href=\"https:\/\/kaczmarskilegal.pl\/?p=271\">Continue reading <span class=\"screen-reader-text\">VII Pillar DOJ &#038; SEC Program for safe navigation towards diligent prevention of fraud, corruption and other damages to business organizations deriving from misconduct<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,6,8,19,7],"tags":[],"class_list":["post-271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-due-diligence","category-fcpa","category-kyc","category-sanctions","category-uk-bribery-act","entry"],"_links":{"self":[{"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=\/wp\/v2\/posts\/271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=271"}],"version-history":[{"count":9,"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=\/wp\/v2\/posts\/271\/revisions"}],"predecessor-version":[{"id":294,"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=\/wp\/v2\/posts\/271\/revisions\/294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=\/wp\/v2\/media\/286"}],"wp:attachment":[{"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kaczmarskilegal.pl\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}