In June, Loeb & Loeb LLP attorneys Michael Mallow, Michael A. Thurman and Tamara Carmichael presented Achieving Compliance-Readiness: Be Prepared Before Trouble Knocks at Your Door! This webinar provides an in-depth look at the current regulatory and consumer climate, as well as practical recommendations for how to achieve and maintain compliance-readiness, today and in the future.
What's the difference between compliance and compliance-readiness? Compliance covers what you should do on a daily basis to meet your legal and regulatory obligations. Compliance-readiness is having policies, procedures, and tools in place to prove your compliance - even if you never have to. Compliance-readiness is not just having the documentation to establish your company's compliance, it's an ongoing operational structure that enables the systematic creation of evidence, the training of personnel, and the monitoring of voices from the market so that you can head off problems before they lead to expensive investigations and lawsuits; and if the worst happens, have immediate access to evidence needed to prove your compliance. Compliance-readiness not only saves time and expense, but often simply showing compliance-readiness can reduce or prevent full-blown investigations or lawsuits.
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