The legal phenomenon of "complience-service" in commercial activities: international experience and development prospects

Keywords: compliance, due diligence, ethical norms, reputation, business.


In the context of globalization, the company must meet international standards to do business with foreign partners. For the commercial activity to meet the requirements of legality, ethics, transparency, for you to be considered a reliable counterparty, it is necessary to apply compliance. This concept means that an entity complies with the requirements of the law, rules, and standards of doing business. The purpose of the study was to analyze the peculiarities of the application of compliance from a legal point of view, to take into account foreign experience, to investigate how compliance is used in Ukraine.  The authors used the system-functional method, formal-legal method, methods of analysis, and synthesis. As a result of the study, it was found that compliance is an essential tool for systematizing and conducting business under the requirements of regulations, internal regulations, ethical requirements. The application of compliance has several functions, among which are the elimination of shortcomings in the enterprise, standardization, maintaining an impeccable business reputation, resolving conflicts of interest, standardizing the behavior of employees, company officials, their interaction with external entities, maintaining corporate culture, and anti-corruption. It was also found that a compliance service such as due diligence is useful in the contractual process and can also be used to forecast economic performance.


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Author Biographies

Petro Matvieiev, Borys Hrinchenko Kyiv University, Ukraine.

Doctor of Legal Sciences, Associate Professor, Professor of Public and Private Law, Faculty of Law and International Relations. Borys Hrinchenko Kyiv University, Ukraine.

Alina Murzanovska, National University "Odesa Law Academy", Ukraine.

Ph.D., Associate Professor, Department of Criminal Procedure, Detective and Investigative Activities, National University "Odesa Law Academy", Ukraine.

Olga Ivanchenko, National University "Odessa Law Academy", Ukraine.

Ph.D., Associate Professor of General Theory of Law and State, National University "Odessa Law Academy", Ukraine.


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How to Cite
Matvieiev, P., Murzanovska, A., & Ivanchenko, O. (2021). The legal phenomenon of "complience-service" in commercial activities: international experience and development prospects. Amazonia Investiga, 10(45), 198-207.