Financial Crime World

Slovak Compliance Circle Publishes Unique Guide on Compliance Officer Role and Responsibilities

In a significant development for Slovakia’s business community, the Slovak Compliance Circle has published a comprehensive guide to the compliance officer role and responsibilities in the country.

Importance of Compliance Issues

The publication provides valuable insights into the importance of compliance issues in private companies and offers practical advice for implementing specific processes. It highlights the significance of corporate culture, values, integrity, transparency, and trust built from the top in promoting ethical and moral principles in business.

Unique Perspective on Compliance Issues

The guide is the result of years of collective work by leading Slovak compliance officers working primarily in multinational corporations. The authors, who are members of the Slovak Compliance Circle, have shared their professional experience to provide a unique perspective on compliance issues. The publication’s significance extends beyond the association’s membership base, as it can be applied in various areas of risk management and corporate governance.

Practical Guide

The guide focuses on the role of compliance officers in promoting ethical and moral principles in business. It emphasizes the importance of:

  • Corporate culture
  • Values
  • Integrity
  • Transparency
  • Trust built from the top

The authors aim to provide clear instructions for small and medium-sized enterprises to implement specific processes and comply with regulations.

Appeal to a Wider Audience

The publication is not an exhaustive compliance story, but rather a practical guide that reflects trends and restrictions in regulated industries. It is hoped that the guide will appeal not only to company executives and managers but also to students who are shaping the future of Slovakia’s business environment.

Getting Involved with the Slovak Compliance Circle

The Slovak Compliance Circle invites members to participate in its activities by contacting Katarína Bairová. Non-members interested in supporting the association or suggesting ideas can use the contact form on the website.

Availability of the Publication

The publication is available for download in Slovak language, and printed copies can be obtained by contacting the secretary of the association at tajomnik@slovakcompliancecircle.sk.