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ARTICLE · 03 DECEMBER 2019

Compliance, Commitment To Recover Corporate Values

One of the best tools available for organizations to maintain and improve their reputation is through fulfillment of their own policies and guidelines.

ColombiaCompliance

One of the best tools available for organizations to maintain and improve their reputation is through fulfillment of their own policies and guidelines. Generally known as Compliance, it is a concept incorporated nowadays in organizations that seek to comply with the law and mitigate possible risks due to failures or lack of knowledge of the members of the organization. Compliance has been understood as a set of actions, guidelines and best practices, grounded in local and international legislation and principles that govern the organizational culture. Compliance also helps organizations avoiding losses, fraud, abuse, discrimination and other practices, which can place the organization at risk of fines, operational closures and even sanctions to their representatives, damage to their reputation among others.

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About Dentons

Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries. www.dentons.com.

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