Every business carries a certain amount of risk otherwise it would probably grind to a halt. It is, however, important that such risks are identified and quantified and where possible reduced. Regular audits of key risk areas should be undertaken.
What does Beaumont Watson do?
• Conducts audits to ascertain level of compliance with legal and regulatory requirements and corporate policies
• Reports on areas for improvements to reduce risk and systems to be implemented to facilitate compliance and best practice
• Provides training and strategies for managing external investigations regarding compliance
Examples include:
Anti-bribery compliance programmes
Modern slavery act and ethical trading projects
Data protection audits and compliance
Marketing material reviews
Product labelling advice
Contract signing procedures
Evidence collation projects
Inhouse legal department procedures