Who does not know the own Compliance rules, is unsuitable for the guidance of the company?

The topic of compliance is moving even further into the foreground for managing directors after a ruling by the OLG Hamm 1 in May of this year. In the overall view with the law for the fight against corporate crime (“Association Sanctions Act”), the draft of which was recently presented by the Federal Ministry of Justice and Consumer Protection (“BMJV”), it is foreseeable that all managing directors will promptly – if they have not already done so – familiarise themselves with the compliance management system (“CMS”) in their company and with the compliance management system (“CMS”) in their company and have to deal more intensively with their own range of duties.