about control and transparency in business -
“Gesetz zur Kontrolle und Transparenz im Unternehmensbereich (KonTraG)“
Do you have a risk-management-system?
Are risks analysed and described transparently?
KonTraG commits companies to securing an early detection system and of internal auditing.
Use for the company:
Identify risks, communicate, watch, describe transparently and deduce risk strategies.
If the legal efforts are fulfilled a basis for continous adaption and company protection is established.
In your own interest involve all departments in analysing the risks and see the legal conformity as a chance.