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What is the best and proper procedures for avoiding legal and reputational risks ?

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Question added by mohamed aboghanema , Assistant manager , National bank of Kuwait - Egypt
Date Posted: 2014/09/08
Omar Waked
by Omar Waked , Legal Counsel , confidential

  • Draft the company's procedures and policies by the legal department or consultant.
  • Encourage or force staff to know the legal culture of business
  • Conduct in-house awareness sessions for new regulatory instructions
  • Provide legal support for all department

mohamed aboghanema
by mohamed aboghanema , Assistant manager , National bank of Kuwait - Egypt

Essentially ,a very good regulatory compliance matrix must be established by the legal division then a proper committee for supervising and monitoring governance inside the entity ,nevertheless working in a collaborative basis with other departments in order to report for any vaulations with respect and connected to the line of business of concerned entity 

Mohammed Elmasry
by Mohammed Elmasry , lawyer , my private office

I think it is to be honest with all others and improving your legal studies 

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