In Spain, after the reform of the Penal Code in 2015, a legal person will be criminally liable for crimes committed by natural persons who are part of their company: partners, managers, workers or external collaborators. If convicted, the company as a legal entity will have to face financial sanctions, closure of the premises, suspension of business activity and even the dissolution of the company. This risk affects both companies and SMEs.
However, if the company has a Compliance program in place, it will be able to demonstrate due diligence to maximize its criminal liability, and could even be exempted from the charges. Having a Compliance plan is not mandatory for companies, but not having it implies a significant and unnecessary risk for their assets and business future .
Find out if your company is exposed to criminal risks with our Compliance diagnosis
In this link you can make our new Compliance online diagnostic test . Completing this test is completely confidential and free, and it will not take you more than 5 minutes. In it you will answer a series of questions about the activity of your company and you will obtain a statistical map of the criminal risks to which it is exposed. At Edorteam we offer you the solution that best suits your needs, whether you are a large company or an SME, so that you have the regulatory compliance of your company under control for the minimum investment.
A Compliance plan has the purpose of preventing cases of corruption and malpractices in business activity, as well as promoting transparency. The crimes for which your company may be involved include issues that affect all types of companies such as:
- Personal data protection
- Money laundering prevention (PBC)
- Financial and Stock Market Laws
- Environmental laws
- Safety rules and health regulations
- Tax evasion and political corruption
- Right to competition
Compliance and code of ethics, something more than a legal shield
Compliance establishes an ethical code and guides good practices that will benefit the internal functioning of the company and its workers. That will increase your confidence and well-being and improve your productivity , with which customers will be more satisfied.
Last but not least, when a company is transparent and complies with its legal obligations , has arguments to improve its public image and stand out above the competition. If the professional team has good training and the necessary resources to carry out their professional activity, their satisfaction increases and they tend to become the best ambassadors for the company.