SANTO DOMINGO.– The entry into force of the new Penal Code will force companies in the construction and real estate sector to review their internal processes, strengthen their compliance mechanisms, and understand the new responsibilities that directors, executives, and organizations must take into account in light of the implementation of the legislative instrument.
Given this scenario, the Dominican Association of Housing Builders and Developers (Acoprovi) announced that on July 21st it will hold a business luncheon dedicated to analyzing the scope of the new legislation and its impact on one of the most important industries in the Dominican economy.
The event will take place at 12:00 noon, in the Opal Room of the Embassy Suites by Hilton Santo Domingo.
A new scenario for businesses
According to Acoprovi, the day will examine the main legal risks introduced by the new Penal Code for construction and real estate companies, as well as the liabilities that could arise from business activity and the prevention strategies that would reduce legal exposure.
The meeting will also address the importance of strengthening compliance programs, corporate governance, and internal protocols that allow companies to adapt to the new legal framework.
What will the specialists analyze?
The main conference will be given by the jurist Miguel Valerio, founding partner of VJR Abogados, who will explain the most relevant modifications of the Penal Code and their implications for the private sector.
A panel discussion will then take place, featuring Tania de León, president of RD World Compliance Association; John Seibel, partner at Seibel Henríquez; and Rafael Armstrong, judge of the Court of Appeals of the National District.
According to Acoprovi, the specialists will analyze aspects related to:
- The new criminal liabilities that may affect companies and their managers.
- Legal risks arising from construction and real estate activity.
- The implementation of compliance programs and internal controls.
- Legal tools to prevent contingencies and strengthen business protection.
- The challenges the sector will face under the new regulatory framework.
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