Complying with regulatory rules and standards is vital to a company’s credibility and bottom line. The penalties for noncompliance are so great that businesses are spending millions of dollars to fulfill the complicated regulations and business protocols associated with corporate compliance and governance. The Corporate Compliance team at Polsinelli Shughart PC helps clients discover and address unrecognized areas of risk before they become a problem. We advise companies on how to satisfy the government mandates associated with:
- HIPAA
- ERISA
- Sarbanes-Oxley
- Federal securities laws
- State securities laws
We have developed companywide, enforceable compliance programs tailored to each client’s industry and we work with our clients on implementation and monitoring.
With such complex and evolving laws and regulations, noncompliance is a real risk. Without proof of diligent compliance efforts based on current requirements, a company invites invasive audits, expensive sanctions and prosecutions, and damaging employee or shareholder lawsuits.
One of the more contentious laws is known as Sarbanes-Oxley, which was passed in the heat of the Enron accounting/shareholder fraud debacle. Of course you want your company to be ready for the increasingly stringent audit requirements for business processes and internal controls for Sarbanes-Oxley compliance, which goes well-beyond prevention of securities violations. With our assistance, and your company’s diligence, your company will meet the federal government's seven-point system for implementing a successful compliance program.
The firm’s corporate compliance attorneys work with attorneys from a variety of our other practice groups, such as employment and labor law, benefits law, health care law, securities law, administrative and regulatory law to provide clients with the best combination of substantive knowledge and legal expertise. You need the best industry practices for your company and we will help you uncover and implement them.