Presenting the conference of May 30, 2018, Jean-Jacques Daigre presents Compliance as an opportunity for European companies

Jean-Jacques Daigre firstly points out that the work on the definition of Compliance is still at its beginning and that it will instead start from the way it is perceived by companies.

The speaker said that it must be admitted that, rightly or wrongly, Compliance is rather negatively perceived by these, in particular because it makes them more functional, restricts their freedom and transforms them into police officers.

Compliance therefore refers to a series of constraints so that multiple and external rules are straightaway and flawlessly respected, which is seen as an objective outside the companies.

Jean-Jacques Daigre emphasizes that this phenomenon is nevertheless inevitable because it is inseparable from Globalization and that to escape it should also give up the principle of free trade and liberalism, which probably would not be appropriate for the companies concerned.

He pointed out that compliance certainly came from the United States and the financial sector, but except to deprive oneself of that economy and the financial sector and the dollar, as long as the enterprise concerned had an international activity, Compliance is simply unavoidable.

___

Moreover, Jean-Jacques Daigre said that he believes that it is not appropriate to apprehend Compliance as a kind of harm to undergo, because it corresponds to a need that refers to other considerations.

Indeed, global companies, often more powerful than States, can play with borders and legislation but sometimes have behaviors that hurt the people.

Compliance compensates for this asymmetry of power by internalizing in companies rules that are not technical rules but express and carry values. The challenge of Compliance is therefore that of values. However, the American values ​​that are present in the compliance rules currently applied are sometimes the same as European values ​​and sometimes they are not.

The practical and future challenge is therefore to build a European Compliance that reflects values ​​and choices that express what Europe is. Jean-Jacques Daigre then returns to the definition he retains of the Republic in a European sense, that is to say a "democracy at the service of the general interest". This refers in particular to a less financial vision of what is the "company".

In this perspective, Europe must seize the powerful mechanism of Compliance to develop in practice and in the European companies such a conception, distant from the economic and political conception developed in the United States. It is not a question of embarking on a fight against these but of clearing on the European scale by relying on the big European companies our own values ​​thanks to the Compliance.

_______