1st compliance conference in Greece supported by SEV

The 1st compliance conference in Greece was held on Friday 28th September 2018, under the aegis of SEV. It was organized by the Association of Compliance Officers in Greece (ASCO Greece), in collaboration with Palladian Conferences.

During his opening speech, Mr. Konstantinos Bitsios, Vice Chairman of SEV, stated that “companies that respect the regulatory framework in essence and not pretentiously, and companies that choose to invest in compliance, are the ones to stand out in international competition, attract investors and gain the trust of customers, suppliers and employees”. He also added that “a solid compliance function expresses a strong message by the company’s leadership about where it stands today, but mainly about where it wants to go tomorrow. It is essential that we all change our approach towards compliance as a mere formal obligation and work together to make it attractive and synonymous with the company’s reputation”.

The conference aimed at promoting compliance as a competitive advantage for modern entrepreneurship. At the same time, it dealt with specialized issues that concern businesses and professionals in the field, such as modern anti-money laundering practices, tax evasion issues and the new regulatory framework for investment and insurance products and markets. Finally, a vivid debate was developed on the role of the compliance officer, especially his contribution in building a corporate compliance culture, as well as his increased personal liability.

Overall, more than 180 people attended the conference, mostly compliance officers and top management executives representing financial and telecommunications sectors and the manufacturing and retail trade industry.