New German business integrity law
highlights the value of compliance programmes
The new ‘Law to Strengthen Integrity in the Economy’ is a landmark for corporate compliance in Germany.
Germany’s Federal Ministry of Justice and Consumer Protection (BMJV) identified several gaps in the existing Administrative Offences Law (OWiG) as the reason for bringing in the new legislation.
In this article we describe the new provisions in the Law to Strengthen Integrity in the economy, such as:
> Introduction of company crimes.
> Increase to the upper limit of monetary sanctions.
> More options and flexibility in imposing sanctions.
> Consideration of compliance programmes.
> Internal investigations conducted by the company.
> Foreign elements.
Download our article and find out more how should companies prepare for the implementation of the new Act and how can implement a successful compliance system.
Download the article here:
A stakeholder engagement and compliance reporting platform built for transformative insights.
A powerful suite of features to help you comply and engage with your employees and stakeholders effectively. Speeki is perfect for building a better culture for almost any kind of organisation.
Intelligent and user friendly
Powered by AI for a more user-friendly, efficient, and simple process.
Secure and safe
Report safely via your mobile device using an anonymous and secure transfer.
Get set up in minutes
The system can be ready in minutes and meets all compliance requirements.