Compliance in SMEs is challenging: the legal responsibility for compliance is undisputed, but the specific tasks are unclear and depend on the specific situation of a company. Against this background, DIN SPEC 91524 emerged from the project “Empirical development and testing of a compliance standard for SMEs – MiCo” funded by the German Federal Ministry for Economic Affairs and Climate Protection. The article by KPMG Law experts Bernd Federmann and Thomas Giering presents the guidelines.
“These SMEs should be enabled to use self-checks to determine the major risk areas and the current status of the CMS and to identify recommendations for action to improve it.”
You can find the full article in the Corporate Compliance magazine.
Partner
Stuttgart Site Manager
Head of Compliance & Corporate Criminal Law
Theodor-Heuss-Straße 5
70174 Stuttgart
Tel.: 0711 781923418
bfedermann@kpmg-law.com
Senior Manager
Leipzig Site Manager
Münzgasse 2
04107 Leipzig
Tel.: 034122572548
tgiering@kpmg-law.com
KPMG Law
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