Day: August 2, 2022

Managing directors are obliged to set up compliance management systems

Managing directors are obliged to set up a compliance management system, i.e. to take organizational precautions to prevent the company or its employees from committing legal violations. This was once again expressly confirmed by the Higher Regional Court of Nuremberg in its decision of March 30, 2022 (case no. 12 U 1520/19).