It is well known that lawyers are great at envisioning what could go wrong. To turn the viewpoint of what could go wrong into a particular preventative action is a major mindset shift. This requires almost becoming a compliance officer. And the complexity of the market within which businesses operate in Ukraine already requires this from lawyers.
This means that those who have been taught and educated on reacting i.e. how to extinguish a fire have to reinvent themselves and enhance themselves with risk management expertise. Can they get it on the job? Definitely, they can. But they will be way better equipped coming out of peer-to-peer best practices sharing.
In the course of my current engagement, I am keeping a close eye on the development of Ukrainian Network of Integrity and Compliance (UNIC). The network attempts to help not only compliance professionals but all other gatekeepers including lawyers. In particular, they help to share valuable knowledge on how anti-corruption laws and compliance programs through their Business Integrity Digest.
As an educational project fostering the idea of business integrity and transparency among the community and businesses, UNIC plans to share best practices on regular basis. For instance, the recent UNIC Business Integrity Digest contained helpful examples of anticorruption and prohibited practices clauses that companies could introduce into agreements with their partners to prevent and manage corruption risks. The most recent one examines the concepts of risk assessment and gives practical guidance as to how the companies can undertake risk assessment measures in a reasonable and proportionate manner.
At the end of the day, integrity compliance is about culture and leadership, and what, in my view, UNIC is trying to do in Ukraine is to create leaders who are well versed in how to deal with compliance and ethics issues. Knowledge does not create culture, but lack of knowledge can diminish and destroy it. So stay tuned!
Tetiana is an investigator at the Business Ombudsman Council. Tetiana came to the team with 5 years of experience with international audit firm, where she was a senior associate and headed Corporate Compliance Practice.
In 2015, Tetiana was working at Munich office of international audit firm.
Tetiana graduated from law department of Kyiv National Economic University named after Vadym Hetman.