Written on 19 February 2014.
Several themes were tackled, including the incorporation of legal risks and compliance into corporate performance, the method of constructing an effective compliance mechanism and the accompanying limitations, the ways and means of managing corruption risks in a constantly-evolving international environment, and protecting personal data in world of traceability.
The event was developed in partnership with EY Avocats and supported by the AFJE (the French association of legal officers), Cercle de la Compliance and Editions Lamy. It once again illustrated the dynamism of the LegalEDHEC Research Centre and its commitment to delivering practical solutions enabling businesses to manage their legal risks.
For Christophe Roquilly, Director of the LegalEDHEC Research Centre and Professor at EDHEC Business School, “the conference was a great success. The feedback has been highly positive and the presentations and debates were extremely rich. Although it is hard to summarise, I would draw several conclusions. Firstly, government and regulators are highly demanding as regards corporate compliance with prevailing laws, as witnessed by the recent penalties meted out for failure to respect competition law and data protection law. Secondly, businesses are showing their commitment to compliance and managing legal risks by the substantial resources they are assigning to these areas. However, two factors look essential for success: the legislator needs to ensure that legal texts are both readable and comprehensible, while government and regulators need to clarify their doctrine so that businesses can understand exactly what is expected of them. As for business leaders, they are responsible for ensuring that the company’s words are followed up by deeds.”