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COMPLIANCE – A CENTRAL THEME OF MODERN GERMAN CORPORATE LAW?
As a legal term, ‘compliance’ is hard to grasp. The German translation would simply mean the adherence to legal provisions. Compliance, as a “legal transplant” of Anglo-American commercial law, goes back to the US “Federal Sentencing Guidelines” that were introduced in the early 90s of the last century in order to stem corporate crime.
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