A hallmark of an effective Compliance Program is the existence of a well-functioning and adequately funded mechanism for the timely and thoroughly investigate any reported or suspected misconduct. An effective internal investigation protocol will take into account procedures for documenting the company's response, including any disciplinary or remedial actions.

An internal investigation involves a series of procedures carried out by or on behalf of an organization, whether public or private, to discover the facts related to possible wrongdoing. Internal investigations can be a critical means of uncovering and addressing misconduct, which constitutes a reputational risk to the company, or could involve civil or criminal liability. They are also the means to restore lost trust in a person or an organization process.

Internal investigations have become a recognized practice in an increasingly complex corporate and professional world, where actions by regulators and the judiciary –globally and locally – are more frequent and better coordinated.

In this podcast we seek to bring the audience closer to some of the elements that usually populate the protocols for carrying out internal investigations, describing how they work—with particular focus in Latin America– when possible illegal acts were discovered or reported.

About the speaker:

Raúl Saccani has more than 20 years of international experience in Compliance and Financial Crimes prevention. Raul is full-time lecturer and co-director of the Governance and Transparency Centre at IAE Business School. Deloitte Partner leading the Anticorruption and Financial Crime function within Spanish Latin American countries. President of the Anticorruption Commission at the Economic Science Professional´s Council in Buenos Aires. Argentina.

Hosted by Josefina Magyary, Vice-chair of WEC Global.