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impartial and objective evaluation. It should be noted that continuous monitoring allows problems to be identified and corrected before they become significant risks.
Feedback
Constant feedback from employees and stakeholders is crucial. Companies must establish effective channels so that employees can report problems and suggest improvements, this feedback must be collected and analyzed regularly to identify trends and areas of concern. policies and procedures update
As regulations change, legal criteria expand (whether due to jurisprudential or doctrinal development) and new risks arise, compliance policies and procedures must be updated, this includes the review of codes of conduct, procedure manuals and protocols. audit to ensure they are aligned with best practices and current legal requirements.
continuous training
Regular training of all employees is essential to maintain a culture of compliance and ethics, it is necessary to consider that training programs must be updated to reflect changes in regulations and new risks identified, they must also include practical examples and case studies. study to improve the understanding and application of compliance concepts.
external evaluations
In addition to internal audits, it is beneficial to carry out periodic external evaluations; these can be carried out by specialized compliance consulting firms that provide an external perspective and additional objectivity to the evaluation of the program.
From what has been expressed, it is also necessary to point out the benefits that the practical application of continuous improvement in business compliance will have:
risk Mitigation
Early identification and correction of problems significantly reduces the risk of legal sanctions and reputational damage; It is advisable to have a proactive approach that allows organizations to anticipate problems and develop effective strategies to mitigate them.
improved operational efficiency
Optimized and updated processes improve operational efficiency, reducing costs and increasing productivity.
promotion of a culture of ethics
A visible commitment to continuous improvement strengthens the culture of ethics and responsibility within the organization, improving employee morale and trust.
constant feedback from empLoyees and stakehoLders is cruciaL. companies must estabLish effective channeLs so that empLoyees can report probLems and suggest improvements, this feedback must be coLLected and anaLyzed reguLarLy to identify trends and areas of concern.
normative compliance
Keeping up to date with regulatory changes and adjusting policies ensures that the company complies with all applicable legal regulations, avoiding sanctions and penalties.
risk Mitigation in Labor processes
Through Cassation No. 1112-2019 - La Libertad, the Supreme Court of Justice of Peru determined that the mere existence of an employment relationship between the worker and the defendant does not prevent the worker from accessing credits or personal loans with the latter’s suppliers, not justifying his dismissal. This decision has generated significant debate about compliance policies and the management of conflicts of interest within organizations. We analyze the implications of this ruling and how companies can strengthen their compliance programs to address these challenges.
The ruling of the Supreme Court in the aforementioned case establishes that a personal loan with suppliers is not sufficient reason for the dismissal of an employee, which leads us to consider the importance of having clear and well- defined policies regarding conflicts of interest. and compliance in companies, in order to avoid the configuration of reputational risk and the impact of their assets due to the payment of
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