Good Governance and Transparency
The practices of good governance and transparency, as well as ethical behavior, are hallmarks of identity and differentiation of socially responsible organizations.
International, European and national legislators and interest groups work in concert to promote good governance practices in all organisations.
Both the mandatory regulations - EU Directive 2014/95, the Capital Companies Law, the Transparency Law, or other sectorial ones-, such as the voluntary application codes -Unified Code of Good Governance- increasingly encourage < strong>transparency criteria, sponsoring the communication to the public of non-financial information, legal risks and measures against corruption, environmental risks, and social policies, promoting ethics, transparency and the fight against fraud and corruption .
Good governance and transparency, values of an organization
In this sense, the role of the administrative bodies, councils, and governing bodies of organizations is critical when it comes to promoting and favoring a culture of compliance and ethics. Without a clear definition of an organization's values, its objectives and strategy in the face of its legal risks, there can be no good governance or compliance. And this can only be achieved through the leadership and commitment of the administrative bodies and executive bodies.
From Legal Compliance, through the involvement of the main executives in the projects entrusted to us, we make sure that their policies, procedures and processes reflect, not only strict compliance with the law, but also also the voluntary codes and best practices based on the essential values of your organization or company.
Compliance: analysis and recommendations
- Analysis and recommendations on "best practices" applicable to the client's sector or business area
- Recommendations and implementation of Advisory Councils and designation and appointment of external directors
- Recommendations and implementation of appropriate measures and corporate structures to improve transparency
- Analysis of levels of transparency and recommendations on areas for improvement
- Recommendations on the structure of the administration and control bodies and executive committees