SSS · Legal Advisory

Is setting up a compliance programme necessary for an SME-scale company?

Yes, when it is built to scale. The point of a compliance programme is not to generate bureaucracy but to manage the risks the company is actually exposed to. For an SME, instead of the com…

Updated · July 20261 min readCategory · Legal Advisory
Short answer

Yes, when it is built to scale. The point of a compliance programme is not to generate bureaucracy but to manage the risks the company is actually exposed to. For an SME, instead of the comprehensive structures large companies run, a lean set-up is usually enough: a few critical policies, short and practical training, and one clear channel for reports and c…

Yes, when it is built to scale. The point of a compliance programme is not to generate bureaucracy but to manage the risks the company is actually exposed to. For an SME, instead of the comprehensive structures large companies run, a lean set-up is usually enough: a few critical policies, short and practical training, and one clear channel for reports and complaints.

There is a point that decides the question, though. Some obligations apply regardless of how big the company is — the Personal Data Protection Law (No. 6698) among them — and ignoring them on the grounds of size simply creates exposure to an administrative fine. For most SMEs the priority headings are employment law, bribery and improper benefits, and data security. What matters is not the scope of the programme but whether it is genuinely workable and sustainable, so we build the structure to expand as the company grows.

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