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» St. Gallen «
The legal field of compliance deals with companies’ adherence to legal provisions and the creation of new organizational precautions to ensure that legal and internal standards are abided by. Company-internal compliance regulations represent a binding body of rules that employees must follow at all times. Unfortunately, it is not uncommon that bribery and corruption become prevalent in an organization. The two phenomena can be caused by monetary incentive systems that reward employees based on their number of sales and other factors.
For companies it is of immense importance that all forms of corruption are undermined because a potential corruption scandal could have a negative impact on the company’s reputation. At the same time, companies that are involved in a corruptions scandal may face high fines, claims for damages or skimming of excess profit. In case a fine is levied, shareholders must expect to lose their investment. For executives, a corruption scandal could even end in a criminal prosecution and a prison sentence.
Within the scope of compliance, our law firm in St. Gallen places particular emphasis on dealing with issues related to money laundering, corruption, and terrorist financing. Our longtime professional activity in the field of compliance enables us to competently advise you on how to apply the authorities’, banks’, and auditors’ regulations. We will be happy to analyze your needs and design a custom solution that has your best interest in mind.
A good compliance system consists of preventative measures such as information and training of employees. In addition, it is necessary that company-internal processes are monitored. In this, whistleblowing mechanisms can be advantageous. Within the scope of our consultation, our team in St. Gallen will analyze potential opportunities and risks of certain compliance measures for you.
A good compliance system consists of preventative measures such as information and training of employees. In addition, it is necessary that company-internal processes are monitored. In this, whistleblowing mechanisms can be advantageous. Within the scope of our consultation, our team in St. Gallen will analyze potential opportunities and risks of certain compliance measures for you.
When it comes to sanctions of financial or other nature, Teichmann International (Schweiz) AG in St. Gallen advises both companies and individuals. Our employees strive to find the solution for representing your interests and their expertise is based on an excellent education.
Our owner, attorney-at-law Dr. Dr. Fabian Teichmann, LL.M. is an expert in the area of compliance, especially in the legal fields of money laundering and the combat of corruption. Within the scope of his doctorate at University of Zurich he investigated circumvention methods for anti-money laundering regulations. During his doctorate at University of Kassel, he researched corruption in multinational corporations and incentive systems. Moreover, Dr. Dr. Fabian Teichmann, LL.M. regularly teaches classes on compliance topics and offers trainings for banks’ and financial institutions’ compliance officers.
Through our research in the area, Teichmann International (Schweiz) AG is familiar with how intelligent perpetrators operate and can assist your company in anticipating risks and taking the necessary organizational measures. Via a detailed analysis, we take the perpetrator’s perspective which guarantees that compliance issues on your company are dealt with effectively.