ComplianceKontrollen

ComplianceKontrollen are systematic verification activities within organizations to ensure conformity with applicable laws, regulations, and internal policies. They are part of a broader compliance program and governance framework that aims to manage risks, uphold ethics, and protect the organization’s legitimacy and reputation.

Scope and domains typically covered by ComplianceKontrollen include financial reporting and accounting integrity, anti-corruption and anti-bribery requirements, anti-money laundering controls, data protection and privacy (such as GDPR and national laws), labor and safety regulations, tax compliance, export controls, and competition law. Industry-specific rules may also apply.

Process and methods usually involve several stages: risk assessment to identify high-risk areas, planning of control activities, design and implementation of preventive and detective controls, testing and gathering evidence, reporting findings to management and the board, remediation of identified issues, and ongoing monitoring and reassessment. Controls can be preventive (designed to stop violations), detective (to detect violations after they occur), or corrective (to remedy issues and prevent recurrence).

Governance and roles encompass the compliance function led by a Chief Compliance Officer or equivalent, with support from internal audit, legal, risk management, and line management. Tools and practices include formal policies and procedures, training programs, third-party due diligence, whistleblower channels, and regular audits.

Standards and frameworks commonly referenced include ISO 37301 for compliance management systems and ISO 19011 for auditing guidance, with sector-specific regulations and national laws shaping practical implementation. See also internal audit, risk management, and corporate governance.