Compliance and Legal Management

Introduction:

Organizations face numerous risks that can severely impact their strategies, sales, and reputation. Addressing issues related to laws, licensing, and compliance is crucial for companies to avoid problems, adhere to rules, and uphold their values.

This Compliance and Legal Management course highlights the importance of compliance for commercial organizations and businesses in preventing regulatory fines and mitigating reputational and business risks. Participants will analyze compliance trends, study real-world compliance failures, and develop solutions to avoid similar issues.

The Compliance and Legal Management program introduces participants to essential elements of legal, licensing, and compliance management. It covers fundamental concepts, factors, and methods required for effective management across various types of organizations, including commercial entities and non-profits.

Participants will gain the knowledge and skills needed to excel as compliance and legal managers, designing and implementing robust legal compliance management systems. The course emphasizes a comprehensive approach to legal compliance and risk management.

Objectives:

Upon completion of the Compliance and Legal Management course, participants will be able to:

• Understand the importance of legal, licensing, and compliance laws and the implications of violations.
• Prevent legal, licensing, and compliance issues through effective management.
• Develop strategies for implementing legal, licensing, and compliance management policies, including tools, technologies, and training.
• Create a detailed risk assessment for their organization.
• Design a tailored legal, licensing, and compliance program addressing specific organizational risks.
• Implement privacy compliance strategies, including technologies, policies, monitoring, and training.
• Understand the need for anti-corruption laws and their impact in a regulated environment.

Training Methodology:

• Case studies
• Situational role play
• Workshops
• Simulation activities
• Group work
• Q&A sessions

Course Outline:

Unit 1: Compliance & Risk

• Define risk and risk mitigation.
• Differentiate between risks and issues.
• Relate compliance and risk management.
• Explore non-traditional risk management forms.
• Manage compliance and risks.
• Understand risk evaluation and appetite.
• Transfer risk and compliance to third parties.
• Use insurance for risk mitigation.
• Address compliance seriousness from enforcement institutions.
• Compare institutional compliance vs. specific area compliance.
• Discuss the growing profession of compliance.

Unit 2: Creating an Effective Compliance Culture

• Strategies to promote a strong compliance framework.
• Introduction to international compliance law.
• Importance of compliance culture in corporations.
• Define the role of a compliance officer.
• Ensure independence, authority, and availability of compliance personnel.

Unit 3: Wide Angle View on Voluntary and Involuntary Compliance

• Explore the concept of compliance beyond basic understanding.
• Theories explaining why ordinary people commit unethical acts:
  • Psychopathology
  • Elitism
  • Stress
  • Excessive Appetite/Ambition
  • Cost/Benefit/Risk
  • Rationalisation of Inaction
  • Lack of Self-Regulation
  • No Harm

Unit 4: Ways to Make People Compliant

• New regulatory explanations.
• Nudge Theory.
• Punishment/Scare Theory.
• Rules/CYA Theory.
• Theory of Ubiquity.
• Reward Theory.
• Quid Pro Quo Theory.
• Bureaucracy Theory.
• Slippery Slope/ Broken Windows Theory.
• Target Theory.
• Theory of Adaptability.

Unit 5: Managing Non-Compliance

• Strategies to manage non-compliance.
• Establish high-level resolution teams.
• Analyze reports and communications.
• Implement discipline measures.
• Conduct root cause analysis.
• Perform emergency procedures.

Unit 6: Privacy: A Brief Overview of Relevant Legalities

• Legal issues, landscape, and chronology.
• Historical and legal context.
• Fair informational practices.
• U.S. legislative battleground on privacy.

Unit 7: Security and Breach Notification

• Introduction to security requirements.
• Define dynamic setting requirements.
• Develop processes for breach notification.
• Enforce information security and compliance assessments.

Unit 8: Respecting the Regulation of Privacy in Other Forms

• Other privacy laws and FTC regulation.
• Interaction between FTC, privacy, and compliance.
• International legal parameters.
• General Data Protection Regulation (GDPR).