Compliance

Empowering Organizations with Creative Compliance Tools

A clear compliance strategy is not a luxury. It is an integral part of protecting your company and business practices.

At the Compliance Division of Faros, innovation meets expertise. Our team empowers businesses to seamlessly intergrate competition and data protection compliance into their operations. Faros range of next-genaration compliance tools stand out in the market. We deliver flexible, fully tailored solutions that adapt to each client's needs, making customized compliance not the exception, but the standard.

Training and Workshops

Our training sessions and workshops focus on competition and market practices, data protection, and anti-bribery. They are hands-on, practical, interactive, and accessible to all. No PowerPoints with endless quotes from legislation or references to legal jargon. Instead, we offer customized case studies, making the key messages directly applicable to day-to-day business. Our trainings and workshops focus on providing concrete solutions and strategies that you can immediately apply in negotiations, collaborations, and decision-making processes.

During our (basic) training sessions, participants are introduced to the core principles of competition and data protection law. In our interactive workshops, we address specific topics that align with the challenges of your company, such as pricing, information exchange, mergers and acquisitions, and marketing.

What can you expect? Engaging sessions with a hands-on, personalized, and out-of the box approach.

Hundreds of employees are trained annually by the Faros Compliance Team.

What clients say about us:

“Great session, clear answers to the questions, solid expertise from the trainers!”

“Phenomenally interesting!”

“You managed to make the topic lively and keep everyone focused.”

Compliance Tools

Any solid compliance program starts with proper training of your employees. However, with accessible repeat elements, you can keep compliance top of mind. Choose from our wide range of compliance tools to create a tailored compliance program, customized to the needs of your business.

Video Materials

• Onboarding: In this 8-minute video, illustrated by cartoonist Lectrr, the ten key take-aways of competition law are presented in a fun and accessible way. Ideal for training newcomers or groups who do not need in-depth training. Curious? Watch the teaser here.
• Federation Video: Looking for an easy-to-understand, hands-on way to replace the standard compliance reminder at the start of meetings? Our federation video is the perfect tool. This short 2:30-minute cartoon-style video clearly outlines the essential rules for federation meetings, including procedural aspects (such as the agenda and what to do if things go wrong) and substantive topics (e.g. which information can or cannot be exchanged).
• Other Video Materials: The Faros Compliance Team developed short videos that are perfect for keeping compliance on the radar in an effective way. These videos cover various topics of competition and data protection law. Ideal for refreshing or reinforcing knowledge. Available topics? Dawn raids, price fixing, meetings with competitors, information exchange, federations, resale price maintenance, territorial restrictions, fine calculation, leniency, private damage claims, economic dependence, and personal liability.
  

Quizzes

Faros organizes actual championships to keep compliance on the agenda in a pleasant way. The format and content can be tailored, but effectiveness and fun are guaranteed. The perfect end to a compliance year, allowing to determine the focus of the coming year.

Guidelines, Policies, Checklists, etc.

Faros provides support in the preparation and review of all types of compliance documents, such as detailed guidelines, policies, and checklists. The Compliance Team works closely with companies to ensure that essential documentation is easily accessible to employees.

Platform

Need help with the practical implementation and monitoring of your compliance program? The Faros Team has developed an online platform with useful tools: training slides, guidelines, video materials, quizzes, a (privileged) hotline, and a monitoring tool. This platform can be used alongside your company’s internal Learning Management System (LMS), or in addition to it.

Audits

It’s crucial to ensure that your company’s practices comply with competition and data protection legislation. An audit provides a thorough analysis of your operations to identify and mitigate risks before they lead to legal or financial consequences.

Through a wide-ranging audit, Faros assesses your company’s compliance level. Using a mix of techniques, such as interviews, inbox analyses, and a detailed review of contracts, documentation, and systems, we create a clear picture of the current level of competition compliance. Faros then develops a strategic plan to guide your company toward compliance success.

Dawn raids Tool Kit

A complete package with all the tools your company needs to be fully prepared for a potential raid by a competition or data protection authority, based on Faros’ extensive experience supporting businesses during dawn raids. This package includes everything from detailed guidelines to practical checklists and interactive training – ensuring organizations can handle a dawn raid with confidence. Faros also organizes mock dawn raids within companies: by simulating a raid, we test whether the company and its employees are truly ready.

M&A Starter Package

Faros offers a comprehensive package to guide businesses through the entire M&A process, from negotiations and due diligence to closing. This package is built on Faros’ extensive expertise in merger control. Specifically, Faros provides practical checklists and interactive workshops on data exchange in compliance with competition and data protection regulations. Ideal for companies with specialized M&A teams, as well as consultants and organizations supporting businesses during an M&A process.