Reassessing Your Global Compliance Risk Profile

Foley & Lardner warn that the measures companies have taken this year to deal with the pandemic “may create potential compliance gaps in existing controls and procedures, and could present new compliance risks, requiring adjustments to existing procedures and controls or the development of new processes altogether.” With year-end approaching, they present a series of questions compliance officer should ask about about changes in operations and new measures taken this year, and other considerations to assess how their compliance risk profile has changed due to the pandemic and associated lockdowns.