Gauselmann Group's Compliance officers gather to discuss growing regulatory requirements

The Compliance officers from the Gauselmann Group recently came together at Schloss Benkhausen in Espelkamp, Germany, for a two-day workshop to discuss the growing reporting obligations, ever new statutory requirements, and more complex guidelines. 29 experts from 11 countries concurred that the response to the increased requirements stipulated by the legislation hinges on an effective exchange of information and further optimized processes. 

"Meetings like this are always very useful," Ludwig Beckmann, Chief Compliance Officer of Gauselmann AG pointed out. "Since we generally face similar challenges, we can also benefit from the experiences of others." Topics on the agenda, for example, included the introduction of a new, group-wide management system designed to facilitate and make international communication even more transparent. International reporting obligations were also discussed, with a particular focus on regulatory requirements and their development as well as issues such as risk registers and whistleblowing.

#GauselmannGroup compliance officers meet for workshop

The Gauselmann Group’s compliance officers recently came together at Schloss Benkhausen for a two-day workshop.https://t.co/kkJ7F36rrk

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The reports from the individual countries provided particular added value. Among others, the workshop was attended by Compliance Officers from the UK, Serbia, Belgium, Austria, Denmark, Malta, Spain, Croatia, Mexico, and Peru, who gave a detailed account of the challenges in their respective markets. One thing that became clear was that the topic of compliance is set to increasingly gain traction across the industry going forward. The workshop also included a number of team-building exercises.