Compliance programmes aim to ensure companies’ compliance with applicable regulations, prevent the risk of infringement, and better handle the situation if the risk occurs.
In Algeria, putting in place compliance programmes has several advantages such as reinforcing legal certainty in a constantly evolving environment, anticipating and managing legal risks, and mitigating penalties if the risk occurs.
Loucif + Co has acquired expert knowledge of the applicable regulations, whether in transversal matters (compliance with competition law, anti-bribery laws, rules in environmental matters, data protection laws, etc.) or matters specific to the undertaking’s business sector (pharmaceuticals and cosmetics, energy, chemicals, and fertilisers, etc.).
Thus, Loucif + Co assists its clients for preventive audits intended to identify risky behaviour and offers the appropriate recommendations and proposes training to heighten management’s awareness of the rules and regulations. Such training may be completed by putting more systematic compliance programmes in place.
