Bruno Fagali, A New Dimension to Compliance and Corporate Governance

About Fagali

Bruno Fagali is among the upcoming famous lawyers in Brazil with the aim of giving the country’s legal system a new dimension. He holds a high reputation in his career from the continued years of legal experience as well as extensive knowledge in Administrative Law. Since 2006, the lawyer has been part of several law firms practicing under different law fields. He is the current Corporate Integrity Manager in Nova/SB as well as practices independently at Fagali Law Firm, his agency. Visit Bruno Fagali at poder360 to know more.

Fagali and Compliance

Compliance is more than just meeting an obligation. Compliance and corporate governance are a significant topic of discussion in most corporations as a result of the numerous corruption cases in the country’s public and private entities. Fagali concerns himself with the subject to a large extent as the firms’ commitment to legislative requirements should be more than obligations but be taken as part of the firms’ culture.

The continued view of compliance as a subject of certification purposes risks the loss of Compliance Programs. Falling into the trap of rushing to meet the requirements under the Anti-corruption Law is likely to erase the compliance spirit. Compliance with legal requirements by companies has to be more than a bureaucratic issue. It should be permanent.

Bruno Fagali advises that the best way for companies to be at par with compliance is to design continuous monitoring strategies. Such strategies act as a base for verification of Integrity Programs to the entity’s operations style. Any deviation to the procedures can be identified for refinement as well as continuous improvement.

Integrity Programs should be part of the organization’s routine. Besides, the programs should apply in an interconnected way through departments such as internal audit, accounting, human resources and legal for the best results. The commitment of top management is crucial to the implementation of Compliance Programs in corporations.

For companies embracing the change process, it is essential for them to define their values regarding wrong and right. These guidelines should then be translated to all their members. For entities that have given a deaf ear to compliance and corporate governance, they should review their practices as well as begin following the basic parameters. You can learn more about Fagali by visiting: http://fagali.com/

 

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