Managing misconduct risk through culture

Employee misconduct is at the heart of the risks facing businesses today, so it is imperative to work towards a culture that mitigates against behavioural problems. A careful balance should be struck between demonstrable, measurable procedures and less structured approaches, say Holly Insley, Emma Rachmaninov and Nicola Jones.

Holly Insley and Emma Rachmaninov are partners, while Nicola Jones is an associate, with law firm Freshfields Bruckhaus Deringer. Contact them on holly.insley@freshfields.com, emma.rachmaninov@freshfields.com and nicola.jones@freshfields.com.

Misconduct is at the heart of many risks facing businesses today. Incidents of misconduct often stem from broader cultural issues within firms, which means that building a strong and positive culture is critical in mitigating misconduct risk and the potential reputational and financial damage incurred when things go wrong.