Compliance: the buck stops here

Insurance Age staff
01 Jan 2006

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Software company Primavera has warned businesses they must take responsibility for compliance and risk management. The advice follows a pledge by the Chancellor, Gordon Brown, to publish legislation making a risk-based approach a statutory duty of legislators.

Addressing the Confederation of British Industry's (CBI) annual conference, the Chancellor outlined details of a new risk-based inspection system that would reward organisations with a good compliance record.

He claimed there would be no

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