After an investigation that affects the organization's reputation, what should a Compliance Professional do next?

In the context of compliance investigations affecting an organization's reputation, contacting legal counsel is a critical step after gathering findings. This action ensures that the organization receives guidance on the legal implications of the findings, helps in assessing any potential liabilities, and assists in understanding the best way to manage the situation, particularly when it comes to regulatory compliance and obligations. Legal counsel can provide insights on protecting the organization's interests and determining if further actions, such as self-disclosure or reporting to the board, are advisable based on the specifics of the case.

Engaging with legal counsel helps ensure that any subsequent actions taken are aligned with legal standards and best practices, minimizing risks associated with non-compliance. It also aids in formulating a robust response strategy that is both ethical and compliant with applicable laws and regulations, thereby maintaining the integrity of the organization in the aftermath of the investigation.