One question every organization should ask itself is whether it can build an ethical and compliant workforce based on outdated policies. If the answer is no, take a long and careful look at your code of conduct.
Your code should be the heartbeat and backbone of your company’s culture. Your regulators, business partners, clients and customers expect it to be current. Have you revised your policies, handbook and employee training repeatedly, but left the code fixed in time? If so, we can help you cost-effectively create a new, state-of-the-art code to fit your business.
An effective corporate compliance and ethics program and an engaging, up-to-date code of conduct are no longer “nice-to-haves” - they are essential. Both have become highly visible targets in the past few years for whistleblowers, bounty-hunters, government regulators and private litigants.
At the same time, an ever-expanding array of federal, state and local laws have magnified compliance risk, increased scrutiny and multiplied penalties. At the top of the list are the Federal Sentencing Guidelines, the Sarbanes-Oxley Act, Dodd-Frank with its enormous bounties, the Foreign Corrupt Practices Act/UK Bribery Act, the False Claims Act, and a raft of increasingly broad state whistleblower laws.
No matter the size, every company needs a well-established ethics and compliance program grounded in a code of conduct that resonates with its employee base and is designed to help protect an organization from risks specific to its industry. Effective ethics and compliance begins with an effective code. Take the next step and update it today.