LAW 534 Chapter Notes - Chapter 10 11 and 12: Management System, Sherron Watkins
27 Nov 2017
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Document Summary
Law 534 chapter 10, 11 and 12. Authors submit that the following factors could be incorporated into legislation to assist in determining the scope of influence and control of individuals whoa re directors or officers and senior managers. Two scenarios that may face an individual officer charged with an offence. Corporation succeeds in showing that it exercised due diligence. Corporation is unable to show due diligence. Only way out of tis conundrum is for the individual to show due diligence as an individual. If the individual can show that they made reasonable attempts within their sector of influence and control to implement due diligence measures. Independent audits by legal firms or technical consultants can be very useful, and will provide legal firms or technical consultants can be very useful and will provide excellent evidence of attempts to build appropriate due diligence systems.
