Managing Compliance and Legal Risks

This newly introduced four-day seminar will give participants the guidance and information necessary to design,install and begin to run a compliance and legal risk management system, or to review the existing system and put in place further preventive measures to minimise the organisation's exposure to compliance and legal risk. It will also show participants how to protect in-house clients and interact with regulators, supervisors and stakeholders.

Overview

Enron and other local and international corporate scandals, financial collapse and attacks on corporate reputation could have been averted with proactive and best practice legal risk management. Calamitous legal and reputational penalties to companies, directors and officers, as well as external advisers would never have eventuated. Legal risk is now an integral part of the boardroom agenda, regardless of the size of the organisation. This provides a new challenge for in-house lawyers, who can play a crucial role in ensuring that a risk-aware culture prevails across the organisation. Any successful risk management programme must start within the management and its operations.

• Design, install and implement a compliance management framework for their organisation;· Improve the organisation's legal compliance;

Target Audience

• In-house counsel

• Assist the Board to institute formal structures to review and manage legal risk;
• Ensure that a risk-aware culture prevails in the organisation.

• Heads of legal departments

· Install an effective system of legal audit;

• Compliance officers and managers

Key Learning Outcomes

• Deal with the risk of corporate criminal liability in the organisation;
• Reduce legal costs and risk of damages;

The programme with benefit the following groups:

• Risk officers and managers

• Senior corporate counsel and advisers

• Compliance officers

On this programme, participants will learn how to:

· Distinguish between governance, compliance, risk management and ethics;

• Company secretaries