{"id":5268,"date":"2016-01-11T08:00:41","date_gmt":"2016-01-11T08:00:41","guid":{"rendered":"http:\/\/www.asociacion-eurojuris.es\/en\/?p=4850"},"modified":"2020-04-11T07:15:59","modified_gmt":"2020-04-11T07:15:59","slug":"the-compliance-officers-role-in-a-company","status":"publish","type":"post","link":"http:\/\/www.asociacion-eurojuris.es\/en\/the-compliance-officers-role-in-a-company\/","title":{"rendered":"The compliance officer\u2019s role in a company"},"content":{"rendered":"

As noted in our previous articles<\/a> (links to articles 70 and 71), the imposition of criminal liability on legal entities, as a result of the Spanish Penal Code reform, calls for proper control by the legal representatives of a company. Thus, the role of the compliance officer is vital in order to achieve strict compliance now required of companies and to implement appropriate compliance control systems and crime prevention plans. These actions will prevent a company from incurring contingencies of a criminal nature and the administrators from incurring serious risks of personal liability.<\/p>\n

The recent reform of the Spanish Penal Code includes extenuating circumstances and liability exemptions in regards to the liability of legal entities, as long as they have adopted an effective crime prevention plan. In case of the commission of a criminal offense, a company\u2019s exemption from liability will depend on the effective implementation of the plan (criminal compliance):<\/p>\n