Creating Efficiency in Legal and Compliance Departments: An Interview with Varun Mehta, Vice President at Clutch Group

More than two-thirds of compliance officers say they don’t have enough resources to develop and implement sufficient compliance programs.  The complaints are, in part, prompted by the growing volume of data that companies produce and handle as well as the increasingly complex regulatory landscape.  When it comes to anti-corruption compliance, in-house departments must create and maintain programs effective at preventing, detecting and remediating FCPA violations all while minimizing costs to the company.  The stakes are high – a company that fails to maintain an adequate program can find itself at a disadvantage if a violation does occur, while an effective program can earn the company credit with the government.  The Anti-Corruption Report recently spoke with Varun Mehta, Vice President of Legal and Compliance Solutions at Clutch Group, about ways companies can identify and address inefficiencies in their legal and compliance departments, including handling data before and during an investigation, choosing automated software programs, structuring reporting lines, conducting risk assessments and performing due diligence on third parties.  See also “Conducting Effective Anti-Corruption Risk Assessments: An Interview with Kevin Bennett, Managing Director, Forensic and Valuation Services, Grant Thornton LLP” (Dec. 4, 2014).

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