{"id":16946,"date":"2021-03-18T12:05:11","date_gmt":"2021-03-18T11:05:11","guid":{"rendered":"https:\/\/bm-a.de\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/"},"modified":"2021-03-18T12:05:11","modified_gmt":"2021-03-18T11:05:11","slug":"effective-compliance-management-systems-a-practical-guide","status":"publish","type":"post","link":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/","title":{"rendered":"Effective compliance management systems &#8211; a practical guide"},"content":{"rendered":"<p>On <strong>March 18<\/strong>, the first of two planned virtual meetings of the Compliance Working Group in 2021 took place under the title &#8220;<strong>Building effective compliance management systems &#8211; a practical guide<\/strong>&#8220;, chaired by <strong>D\u00e9sir\u00e9e Maier<\/strong> from Hogan Lovells International.<\/p>\n<p>In her presentation, Ms. Maier began by explaining the background and objectives of establishing compliance systems. Proof of an adequate compliance management system (CMS) can reduce or even exclude the liability of companies or individuals due to legal requirements. But what does &#8220;adequate&#8221; CMS mean and how can its adequacy be determined? Ms. Maier provided various practical tips that can be used to assess an adequate CMS. For example, the requirements from the Department of Justice, enforcement authorities, benchmarks or compliance risk assessments can be used as sources.    <\/p>\n<p>In her presentation, Ms. Maier went on to discuss the core elements of a CMS. Using the classic classification &#8220;Prevent&#8221;, &#8220;Detect&#8221; or &#8220;Respond&#8221;, she underpinned the components of a CMS with a large number of practical examples and presented a comprehensive guide. Many thanks to D\u00e9sir\u00e9e Maier from Hogan Lovells, the participants were able to take away many practical insights from this &#8220;best-practice sharing&#8221;. The presentation can be downloaded by all members of the Federal Association in the members&#8217; area.   <\/p>\n","protected":false},"excerpt":{"rendered":"<p>On March 18, the first of two planned virtual meetings of the Compliance Working Group in 2021 took place under the title &#8220;Building effective compliance management systems &#8211; a practical guide&#8220;, chaired by D\u00e9sir\u00e9e Maier from Hogan Lovells International. In her presentation, Ms. Maier began by explaining the background and objectives of establishing compliance systems. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":15932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[667],"tags":[],"class_list":["post-16946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-compliance-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Effective compliance management systems - a practical guide - Bundesverband Mergers &amp; Acquisitions gem. e.V. (BMA)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Effective compliance management systems - a practical guide - Bundesverband Mergers &amp; Acquisitions gem. e.V. (BMA)\" \/>\n<meta property=\"og:description\" content=\"On March 18, the first of two planned virtual meetings of the Compliance Working Group in 2021 took place under the title &#8220;Building effective compliance management systems &#8211; a practical guide&#8220;, chaired by D\u00e9sir\u00e9e Maier from Hogan Lovells International. In her presentation, Ms. Maier began by explaining the background and objectives of establishing compliance systems. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/\" \/>\n<meta property=\"og:site_name\" content=\"Bundesverband Mergers &amp; Acquisitions gem. e.V. (BMA)\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-18T11:05:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bm-a.de\/wp-content\/uploads\/2021\/04\/AdobeStock_150191362-1-scaled-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1366\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Stefan Schneider\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stefan Schneider\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/\"},\"author\":{\"name\":\"Stefan Schneider\",\"@id\":\"https:\/\/bm-a.de\/en\/#\/schema\/person\/19f8bdbec9194117c11e9efc39f26d93\"},\"headline\":\"Effective compliance management systems &#8211; a practical guide\",\"datePublished\":\"2021-03-18T11:05:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/\"},\"wordCount\":217,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/bm-a.de\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2021\/04\/AdobeStock_150191362-1-scaled-1.webp\",\"articleSection\":[\"Compliance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/\",\"url\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/\",\"name\":\"Effective compliance management systems - a practical guide - Bundesverband Mergers &amp; Acquisitions gem. e.V. (BMA)\",\"isPartOf\":{\"@id\":\"https:\/\/bm-a.de\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2021\/04\/AdobeStock_150191362-1-scaled-1.webp\",\"datePublished\":\"2021-03-18T11:05:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#primaryimage\",\"url\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2021\/04\/AdobeStock_150191362-1-scaled-1.webp\",\"contentUrl\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2021\/04\/AdobeStock_150191362-1-scaled-1.webp\",\"width\":2048,\"height\":1366,\"caption\":\"Macro photo of tooth wheels with COMPLIANCE, REGULATIONS, STANDARDS, POLICIES and RULES words imprinted on metal surface\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\/\/bm-a.de\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Effective compliance management systems &#8211; a practical guide\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bm-a.de\/en\/#website\",\"url\":\"https:\/\/bm-a.de\/en\/\",\"name\":\"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/bm-a.de\/en\/#organization\"},\"alternateName\":\"BM&A\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bm-a.de\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/bm-a.de\/en\/#organization\",\"name\":\"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)\",\"alternateName\":\"BM&A\",\"url\":\"https:\/\/bm-a.de\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bm-a.de\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/12\/1019_BMA_Logo_black.webp\",\"contentUrl\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/12\/1019_BMA_Logo_black.webp\",\"width\":1525,\"height\":675,\"caption\":\"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)\"},\"image\":{\"@id\":\"https:\/\/bm-a.de\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.linkedin.com\/company\/bma-ev\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/bm-a.de\/en\/#\/schema\/person\/19f8bdbec9194117c11e9efc39f26d93\",\"name\":\"Stefan Schneider\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Effective compliance management systems - a practical guide - Bundesverband Mergers &amp; Acquisitions gem. e.V. (BMA)","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/","og_locale":"en_US","og_type":"article","og_title":"Effective compliance management systems - a practical guide - Bundesverband Mergers &amp; Acquisitions gem. e.V. (BMA)","og_description":"On March 18, the first of two planned virtual meetings of the Compliance Working Group in 2021 took place under the title &#8220;Building effective compliance management systems &#8211; a practical guide&#8220;, chaired by D\u00e9sir\u00e9e Maier from Hogan Lovells International. In her presentation, Ms. Maier began by explaining the background and objectives of establishing compliance systems. [&hellip;]","og_url":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/","og_site_name":"Bundesverband Mergers &amp; Acquisitions gem. e.V. (BMA)","article_published_time":"2021-03-18T11:05:11+00:00","og_image":[{"width":2048,"height":1366,"url":"https:\/\/bm-a.de\/wp-content\/uploads\/2021\/04\/AdobeStock_150191362-1-scaled-1.webp","type":"image\/webp"}],"author":"Stefan Schneider","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Stefan Schneider","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#article","isPartOf":{"@id":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/"},"author":{"name":"Stefan Schneider","@id":"https:\/\/bm-a.de\/en\/#\/schema\/person\/19f8bdbec9194117c11e9efc39f26d93"},"headline":"Effective compliance management systems &#8211; a practical guide","datePublished":"2021-03-18T11:05:11+00:00","mainEntityOfPage":{"@id":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/"},"wordCount":217,"commentCount":0,"publisher":{"@id":"https:\/\/bm-a.de\/en\/#organization"},"image":{"@id":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#primaryimage"},"thumbnailUrl":"https:\/\/bm-a.de\/wp-content\/uploads\/2021\/04\/AdobeStock_150191362-1-scaled-1.webp","articleSection":["Compliance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/","url":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/","name":"Effective compliance management systems - a practical guide - Bundesverband Mergers &amp; Acquisitions gem. e.V. (BMA)","isPartOf":{"@id":"https:\/\/bm-a.de\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#primaryimage"},"image":{"@id":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#primaryimage"},"thumbnailUrl":"https:\/\/bm-a.de\/wp-content\/uploads\/2021\/04\/AdobeStock_150191362-1-scaled-1.webp","datePublished":"2021-03-18T11:05:11+00:00","breadcrumb":{"@id":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#primaryimage","url":"https:\/\/bm-a.de\/wp-content\/uploads\/2021\/04\/AdobeStock_150191362-1-scaled-1.webp","contentUrl":"https:\/\/bm-a.de\/wp-content\/uploads\/2021\/04\/AdobeStock_150191362-1-scaled-1.webp","width":2048,"height":1366,"caption":"Macro photo of tooth wheels with COMPLIANCE, REGULATIONS, STANDARDS, POLICIES and RULES words imprinted on metal surface"},{"@type":"BreadcrumbList","@id":"https:\/\/bm-a.de\/en\/2021\/03\/effective-compliance-management-systems-a-practical-guide\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/bm-a.de\/en\/"},{"@type":"ListItem","position":2,"name":"Effective compliance management systems &#8211; a practical guide"}]},{"@type":"WebSite","@id":"https:\/\/bm-a.de\/en\/#website","url":"https:\/\/bm-a.de\/en\/","name":"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)","description":"","publisher":{"@id":"https:\/\/bm-a.de\/en\/#organization"},"alternateName":"BM&A","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bm-a.de\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bm-a.de\/en\/#organization","name":"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)","alternateName":"BM&A","url":"https:\/\/bm-a.de\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bm-a.de\/en\/#\/schema\/logo\/image\/","url":"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/12\/1019_BMA_Logo_black.webp","contentUrl":"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/12\/1019_BMA_Logo_black.webp","width":1525,"height":675,"caption":"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)"},"image":{"@id":"https:\/\/bm-a.de\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/bma-ev\/"]},{"@type":"Person","@id":"https:\/\/bm-a.de\/en\/#\/schema\/person\/19f8bdbec9194117c11e9efc39f26d93","name":"Stefan Schneider"}]}},"_links":{"self":[{"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/posts\/16946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/comments?post=16946"}],"version-history":[{"count":0,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/posts\/16946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/media\/15932"}],"wp:attachment":[{"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/media?parent=16946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/categories?post=16946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/tags?post=16946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}