German stock corporation act – Compliance & Law

Compliance Manager Liability – BGH Ruling

By horak Attorneys at lawPosted on 21. June 202221. June 2022Posted in Compliance, Compliance Book, Compliance goals, Compliance Management, Compliance Management System, Compliance Management Systems, Compliance Officer, Compliance Organisation, Compliance Recommendations, Compliance Regulation, Compliance Risks, Compliance Strategy, Corporate Law, Data protection law, Emergency Compliance, Environment Law, Functional dimension, GeneralitiesTagged AktG, Compliance, executive board, German stock corporation act, liability duties compliance, outsourcing, responsibilitiesNo Comments

About the liability and role of the compliance management In German law, there is no explicit legal obligation to comply. Only companies in the financial sector are obliged to set up a compliance organization in accordance with Section 32 of the German Securities Trading Act. However, the duty of care pursuant to § 76 (1) […]