Outsource Consulting specializes in legal and compliance risk management, offering a comprehensive service enabling your business to comply with applicable legislative, regulatory and supervisory requirements. By outsourcing the legal and compliance function to us, you will avoid the cost of having to recruit and appoint compliance officers at substantial cost to company.
We provide legal advice on the laws, rules, codes and standards applicable to your business. We, therefore, make it easy for business owners to understand the laws governing their business and industry. In the event of us finding that your business is non-compliant and that remedial action is required, we shall recommend the appropriate measures to be taken, including disciplinary action in accordance with the labour law.
In conjunction with managing the compliance risk to your business, we provide hands-on training to employees. The purpose is to embed a compliance culture within your business and to avoid the need and cost of enrolling employees on formal training courses.
The following cases illustrate how non-compliance can affect your business adversely and can even hold personal implications for company directors and employees. Many of the negative effects of non-compliance can, however, be resolved timely. Why not let us worry about these compliance requirements, thus allowing you to effectively manage your business without being side-tracked by these issues?
Mail & Guardian newspaper of February 4, 2014 reported that the managing director of a clay-mining company in Limpopo province became the first director in South Africa to be held personally liable for a mining-related environmental offence.
A medical waste incinerator did not comply with the conditions of its permit. The waste management company pleaded guilty and was fined R2 million - R1 million suspended for 5 years - and a company manager was fined R100,000 for illegal dumping.
A classic example of reputation risk occurred on March 14, 2012, when Greg Smith, Executive Director of Goldman Sachs submitted a letter of resignation to the New York Times in which he denounced the investment bank’s “toxic” and “destructive” environment...
In the recent unreported decision of International Ferro Metals (SA) (Pty) Ltd v The Minister of Mineral Resources and Others (decided on 15 January 2015), the Labour Court dealt with the question whether the chief inspector had complied with the peremptory requirements to issue a section 54 instruction to the mine.
Allow us to consult on the needs of your business with regards to Compliance Risk. Get in touch today to ensure a steady compliant path for your business into the future.
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