Compliance can be defined as acting according to directives given and in most in the form of rules, internal statements (Memos), a command, or even a simple request.
When it comes to law practice, compliance means a lot. It is an area that ensures that law is followed to the letter both in the regular space and the business world. In the former, compliance covers both business’ activities as well as the businesses themselves.
Today, compliance is of much interest in corporate leadership – directors as well as the executives. Compliance helps them detect any malpractice be it illegal conduct or any lousy practice within the business sector.
Recently, the Brazilian government enacted laws that made it mandatory for businesses to have ethics and compliance systems. Bruno Fagali, a corporate integrity manager at Agencia nova/sb and a member of Fagali Advocacia, seconded this move by the government.
Bruno Fagali mentioned that the new law would scare off companies from engaging in illegal acts such fraudulent acquisition of tenders, bribery, or joining cartels.
However, Bruno Fagali also raises another concern that it is not enough to zero-in only on companies, but the law should also cover their associates (partners) by leveraging the registration analysis. He added that the law should look into whether the partner is compliant with laws on child labor, slave labor, and safe working environment.
About Bruno Fagali
Bruno is an attorney based in Brazil who specializes in ethics, compliance, the administrative and urban law as well as regulatory law. Bruno has years of experience in law practice coupled with a good reputation.
Bruno Fagali owns a law firm under the name Fagali Advocacy. He went to Pontifical Catholic University, where he obtained bachelors’ degree in Administrative law. Later, he joined the University of Sao Paulo for master’s degree.
Besides running his law firm, Bruno Fagali serves as Corporate Integrity Manager at Nova/SB as we mentioned earlier.
This position has enabled him to inculcate into various businesses that he consults with the power of integrity for instance advertising agencies; he advises them to refrain from misleading the public. Bruno himself is an honorable man. His self-drive is what makes many admire him as well as his work. Check more:https://www3.ethos.org.br/cedoc/gerente-de-integridade-da-novasb-comenta-caminhos-para-conquistar-o-pro-etica/#.Wc1e_hNSxTY