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Granito launches Soft Compliance

Coinciding with the announcement of funds availability to small and medium-sized foreign enterprises for use in developing compliance programs, GRANITO launches a new project called “Soft Compliance” addressed to SMEs that seek to expand their operations cross border, but who have not yet adopted compliance programs and organizational and control models such as larger companies may be required to have under, for example, the U.S. Foreign Corrupt Practices Act or, at the EU level, under the U.K. Bribery act, or by the Italian Legislative Decree no. 231/2001.

When not required by law, there is often a tendency of SMEs to ignore the still existent need to mitigate risk and to protect themselves from criminal consequence in the compliance arena, and further, to be curb-ready to collaborate with larger companies that can only deal with entities that evidence a compliance program.

In that regard, GRANITO has designed a “Soft Compliance” approach, providing SMEs with effective yet simple and flexible compliance mechanisms adapted to their corporate structure and the simplicity of their organization, all the while remaining economical in the creation, implementation and maintenance of the program.

GRANITO welcomes SMEs that seek support in the area of compliance to grow globally with them in 2014.

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