Best practices for conducting compliance risk assessments
Davis Polk partners Dan Kahn and Tatiana Martins and counsel Jordan Leigh Smith authored “Best practices for conducting compliance risk assessments” in Latin Lawyer’s The Guide to Corporate Compliance - Fourth Edition. The article provides insights for corporate decision-makers on effectively handling compliance obligations in Latin America, with an emphasis on implementing a compliance program designed to prevent and detect criminal conduct and non-compliance with corporate policies and procedures. Even when misconduct occurs, the existence of a compliance program that is thoughtfully designed to address a company’s specific risk profile and one that is periodically updated is considered by regulatory authorities to be a critical mitigating factor when determining potential penalties for legal violations. Associate David Feinstein also contributed to the article.