Companies are significantly expanding their compliance activities
With regard to compliance, German companies are more professionally organised, with more staff and better structures in place than last year. Yet the number of companies that feel their compliance system will adequately protect them against risks has fallen sharply. That is the result of this year’s “CMS Compliance Barometer”, a study which has now been conducted for the second time. Compared to last year, the CMS Compliance Index has risen significantly by 3.8 points and is currently standing at 67.9 out of a possible total of 100 points.
The Compliance Index measures the degree to which large companies have implemented robust compliance systems. In light of a number of recent compliance scandals which have become the focus of public attention, this year’s increase in the index can be seen as a clear indication that companies are taking compliance much more seriously and implementing specific measures to address this.
