Comparative Review of the Latest Concept in Compliance Management & The Compliance Management Maturity Models

Like many other management systems, the compliance management system needs to be measured to know how exemplary the implementation is. The Compliance management maturity model (CMMM) is one measurement method that can help the organization assess the degree of Compliance Management implementation and the effectiveness of compliance management practices to help the organization achieve its objectives. To determine and identify the state-of-the-art CMMM, this study will enumerate and synthesize current CMMM and map their similarities and differences. Furthermore, to determine if the existing enterprise CMMM can measure the current Compliance Management practices by using the ISO 37301 international Standard as a proxy for a state-of-the-art Compliance Management system. The synthesizing process of the enterprise CMMM uses the literature review approach on the existing CMMM and ISO 37301 as the primary benchmark reference. The findings show that despite organizations facing increasing complexity and organizational characteristics of internal and external regulations, the CMMM as Compliance Management measurement tools are very few. The result also shows that the existing CMMM cannot cover all the current CMMM requirements needed from the International Standard.

Regelkonformität: Compliance-Management im Krankenhaus – Wie der Einkauf davon profitieren kann

Die in der Corona-Pandemie angespannte Situation der Krankenhäuser ist unbestritten. Das Gesundheitspersonal war bereits zuvor vielfach überlastet, es herrscht Fachkräftemangel und die wirtschaftliche Belastung einzelner Häuser bewegt sich an der Grenze. Diese Aspekte verschleiern jedoch ein nach wie vor akutes und bisweilen unterschätztes Risiko: Non-Compliance bzw. Compliance-Risiken, die gerade im Gesundheitswesen weitreichende Folgen haben können und die auch in den Einkaufsabteilungen schlummern.

Development of a Model for Analysing sanctions as a Political Risk Factor

The article considers the prospects for developing a methodology for analysing sanctions as a factor of political risks Given the relevance of sanctions as a phenomenon in Russian politics and political science, it is evident that there is a need to measure and manage such a risk factor The development of the methodology considers existing results from other areas of knowledge, including compliance management The author concludes that the indicators of sanctions risk should be selected considering whether the studied country is the object of sanctions or not In addition, the analysis of sanctions is possible both in an independent format and as an addition to existing methods.

Digital transformation of compliance management - a strategic solution for business continuity

Introduction. Compliance is one of the crucial factors for the implementation of strategic solutions aimed at ensuring business continuity. It is vital both for performing previously assumed obligations and for meeting new requirements from stakeholders in a crisis. In today’s rapidly changing environment, businesses depend on information and information technologies and use them for business continuity planning, thus taking a proactive approach. In this regard, digital transformation of compliance management procedures is required. Purpose. To study modern digital transformation technologies which can be applied to compliance management procedures in order to ensure business continuity. Methodology. The main conclusions made in this article are based on general scientific methods: analysis, synthesis, comparison, deduction, and induction. Conclusions. Big data analysis, machine learning technologies, and robotic process automation allow for complete or partial automation of the following compliance management procedures: compliance risks analysis and prediction; a comprehensive check on the contractors and contract analysis; employee training; maintaining the systems reporting on compliance breaches; monitoring and identification of suspicious activity; internal investigations. Strategic decisions aimed at the automation of compliance management give a company an opportunity to quickly analyse data and assess compliance risks, to use valuable human resources for more complex tasks, to improve the discipline and the quality of employee training, and to maintain the required level of business operations during and after a crisis.

COMPLIANCE MANAGEMENT IN PUBLIC ADMINISTRATION BODIES

The aim of this study is to present the compliance functions in public administration bodies and, as a result, to present the demands with regard to the legitimacy of the compliance management in the public sector programme. The author has focused on theoretical considerations which purpose was to justify the necessity of implementing compliance procedures to public administration bodies. The analysis of the list of publications of the subject in terms of the issue mentioned above has been applied with particular reference to „Guidelines regarding the terms of creating and introducing effective compliance programmes in public sector.”, as well as to legal rules and press releases. In addition, the article has been based on the author’s knowledge acquired during the Approved Public Compliance Officer (APCO) training within „Ethics, Compliance & Integrity Professional” programme. The above mentioned issues comply with the present needs of public administration bodies which must implement whistleblowing procedures in accordance with the latest European Union directive and are willing to keep the compliance structures in accordance with the Central Anti-Corruption Bureau guidelines.