The regulatory compliance function has recently acquired a growing relevance in the internal strategy of the main organisations, not only in terms of the establishment of different internal lines of defence and the constant reinforcement of the supervision and diligence of the business areas but also in its essential role in the consolidation of good corporate and reputational governance.
In addition, in recent years, there has been intense legislative activity, both in the European Union and in Spain. The consequence is the proliferation of corporate self-monitoring rules based on a risk and due diligence approach that requires the approval, effective application, supervision and reporting of the results of the different policies implemented to guarantee compliance objectives in different regulatory areas and avoid sanctioning risks that have increased their potential to the same extent.
Advising listed companies on the evaluation and improvement of their compliance function, as well as the need for a comprehensive vision for an adequate fit with corporate governance, requires specialised advice that considers the complexity of these organisations, the relations with their subsidiaries, the reinforced mechanisms of conduct and diligence that must be ensured and, more recently, for example, the obligation to adapt their internal information systems.
In line with all of the above, ECIJA has implemented, as a continuation of the services it has already been providing to these companies, its line of specialised and strategic advice on compliance matters, designed, in particular, for listed companies (including companies listed on the continuous market and the IBEX 35 index, as well as companies admitted to trading on multilateral trading systems, such as BME GROWTH and other companies supervised by the CNMV), based on practical experience and unique knowledge of their real needs in this area and their relationship with good corporate governance.
Corporate and Governance partner Alberto Alonso Ureba and Compliance partner Juan Eugenio Tordesillas will lead this specialised advice. The team formed by ECIJA, for this line of service has extensive professional experience in providing legal advice to listed companies, both in corporate and governance matters and in compliance matters, as well as a relevant academic and dissemination career in these matters.
