Cuatrecasas, Gonçalves Pereira has launched a new specializing group focusing on corporate compliance. Penal partner, Alfredo Domínguez Ruiz-Huerta, leads the new team, which includes 14 lawyers from different practice areas. Their main task will be to advise clients on implementing efficient monitoring systems to prevent corporate crimes and to comply with the new legislation.
Law 5/2010 represents the most extensive reform of the Penal Code since it was first passed in 1995. The main changes affect business activities, but, more importantly, the reform incorporates into our legal system the penal liability of legal persons or companies that is in Anglo-Saxon systems.”The changes will also oblige companies to implement efficient systems to supervise and monitor compliance with the legislation, which is commonly known as corporate compliance.