Compliance is an ongoing process. Whether it concerns compliance with regard to privacy regulations, Money Laundering and Terrorist Financing prevention (Wet ter voorkoming van witwassen en financieren van terrorisme), environmental legislation or the competition law aspects. Companies and government institutions do well to regularly check their processes, agreements and working methods or to have them checked. Non-compliance can have dire consequences.
Fines for non-compliance with laws and regulations are no longer only imposed on companies. Natural persons (directors, supervisory directors and managers) may also be fined. Natural persons may also be liable for possible damages. Contact our specialists as soon as possible if an investigation by a supervisory authority is announced. Examples include the Dutch Consumer and Market Authority (ACM), the Dutch Authority for the Protection of Personal Data (AP) and last but not least the Dutch Fiscal Intelligence and Investigation Service (FIOD).
An ounce of prevention is worth a pound of cure. Make sure that your processes and agreements are checked regularly. Legislation and regulations are dynamic and constantly changing. Our specialists are aware of the latest changes and provide customised solutions for you.