Corporate Compliance
Recognizing that our business involves legal and ethical responsibilities that extend to clients, employees, the courts, and the many organizations we work with, American Envoy is committed to consistently demonstrating that we act with integrity. One testament to this commitment is the establishment of a Corporate Compliance Program. Carefully planned and implemented compliance programs reduce corporate risk and exposure by preventing illegal conduct and mitigating or eliminating punishments and liabilities for those offenses.
Concern about Corporate Compliance is not new, but increased emphasis is being placed on the effectiveness of such programs. Stakes are high, with corporate liability and survival depending on whether compliance efforts are effective and cost-effective. Tough new civil and criminal penalties have been enacted to deal with corporate wrongdoing.
We are dedicated to managing and operating our organization with the highest business, ethical and moral principles, with each associate acting with integrity and holding themselves accountable to these standards. We hold each employee accountable for failing to detect violations, and expect them to act ethically.
Corporate Compliance Program
A Corporate Compliance Plan is a set of procedures designed to ensure that an organization complies with laws and regulations governing its activities. It also serves as a mechanism to detect and prevent improper workplace behavior, as well as the violation of laws.
An effective Corporate Compliance Plan includes the following components:
- Compliance standards and procedures
- Overall compliance program oversight
- Standards and methods for delegating authority
- Employee training programs
- Monitoring and auditing systems
- Enforcement and disciplinary actions
- Mechanisms for responding to problems and taking corrective action
General Counsel and Chief Compliance Officer
Our General Counsel and Chief Compliance Officer is responsible for designing, implementing and monitoring the regulatory and Corporate Compliance Program for all legal and compliance activities at the corporate and operational levels. This involves the following:
- Creation and oversight of corporate policies and procedures
- Administering risk assessment relative to compliance issues
- Developing and implementing internal audit procedures relative to Corporate Compliance issues
- Maintaining a library of regulations, policies and procedures
- Monitoring changes to applicable laws and regulations affecting the organization and making timely, necessary modifications to operations, policies and procedures
- Overseeing the development and implementation of a Corporate Compliance training program (including employee training sessions)
- Leading investigations related to Corporate Compliance issues (including employee and client concerns)
- Developing and implementing employee feedback programs which encourage the reporting of potential problems without fear of retaliation.
