{"id":13993,"date":"2023-04-24T12:39:18","date_gmt":"2023-04-24T10:39:18","guid":{"rendered":"https:\/\/cabinet-management-transition.com\/expertise-compliance-interview-video-detienne-dizarny\/"},"modified":"2023-04-24T12:39:22","modified_gmt":"2023-04-24T10:39:22","slug":"expertise-compliance-interview-video-detienne-dizarny","status":"publish","type":"post","link":"https:\/\/cabinet-management-transition.com\/en\/expertise-compliance-interview-video-detienne-dizarny\/","title":{"rendered":"Compliance expertise | Video interview with Etienne Dizarny"},"content":{"rendered":"\t\t
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Written interview summarized | Compliance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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What is compliance?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Compliance <\/strong>for a company means<\/strong> compliance with laws, external and internal regulations in France and abroad to which it is subject. But in fact, when reading the regulatory texts, it goes further, as it can be defined asall the processes that ensure that the behavior of the company<\/strong>, its managers and employees,complies with<\/strong> the legal and ethical standards applicable to them<\/strong>. In addition to simply complying with laws and regulations, these texts prescribe the establishment of specific governance, the systematic identification of all these risks using risk mapping, the implementation of alert processes and internal reporting to the authorities, and the training of employees to establish a culture of compliance at all levels of the company.<\/p>\n

Compliance<\/strong> has become a major preoccupation of corporate management as the fines<\/strong> imposed on major offenders have increased<\/strong>. The importance attached to compliance is measured by the sometimes astronomical cost of non-compliance and the record fines that have been imposed: 8.9 billion for BNP, and 772 million for Alstom in 2014 in the United States, but also Mercedes in 2020 with 1.5 billion in the USA, and 870 million euros for Dieselgate.<\/strong> This cost can go as far as the pure and simple disappearance of the company<\/strong> for reputational reasons like Arthur Andersen after the ENRON case. <\/p>\n

Faced with such financial risks and increasingly strict regulatory obligations<\/strong>, companies have had to create, organize and staff compliance departments <\/strong> for what was previously the responsibility of the legal department and operational departments.<\/p>\n

As a result, compliance was initially viewed very negatively, more as a “necessary evil”, preventing “business”. In fact, it should be considered as an integral part of the company’s policies and turned into an asset.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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What are the areas of compliance?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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The areas of compliance<\/strong> are becoming increasingly broad as national and international legislation evolves, forcing companies to ensure compliance in more and more different areas.<\/p>\n

\n More broadly for all companies:<\/strong>\n <\/p>\n