title: Compliance as a legal instrument for minimizing risks and prevention of offences
metadata.name: dc.contributor.author
metadata.value: Popondopulo, Vladimir F.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Petrov, Dmitrii A.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2020-03-19T16:58:08Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2020-03-19T16:58:08Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2020-03
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Popondopulo, Vladimir F., Dmitrii A. Petrov. 2020. “Compliance as a legal instrument for minimizing risks and prevention of offences”. Vestnik of Saint Petersburg University. Law 1: 102– 114.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu14.2020.107
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/17236
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The article deals with the concept and legal significance of compliance as a system of measures
  taken by business entities and aimed at accounting for business risks and prevention of
  possible offenses. The result of entrepreneurial activity cannot be guaranteed, as it depends
  on a variety of external and internal factors, objective and subjective causes of manifestation,
  which predetermine the discussion about entrepreneurial risk, its limits and mechanisms of
  minimization. For discussion, the author proposes the definition of compliance as a risk management
  system of non-compliance of an economic entity with the rules of law and all other
  important factors for business. The introduction of a compliance system in the activities of
  an economic entity should be considered as a natural need within the framework of freedom
  of entrepreneurial activity, and the compliance itself as an instrument of self-control of the
  entrepreneur. Compliance should not be equated with the tools of administrative control. The
  principle of voluntary compliance dictates the voluntary implementation of the compliance
  system, and the mandatory application of compliance procedures should be based on a riskbased
  approach as a special method of organization and implementation of internal control,
  the severity of potential negative consequences. The criterion of mandatory application for
  compliance procedures may be the severity of potential negative consequences of competition,
  rather than the type of legal form of a legal entity or participation in its authorized capital
  of public entities. To do this, it is necessary to develop the principles of compliance control
  and on their basis to introduce appropriate procedures. Within the framework of collective
  actions for a group of persons, the parent company of the group of persons is obliged to ensure
  the unity of approaches to the organization of compliance and be responsible for ensuring its
  effective organization.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Vestnik of St Petersburg University. Law;Volume 11; Issue 1
metadata.lang: -
metadata.name: dc.title
metadata.value: Compliance as a legal instrument for minimizing risks and prevention of offences
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 102-114.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/17236/1/102-114.pdf
resources.format: Adobe PDF
resources.size: 632,08 kB