Conference Report: 4th Liechtenstein Talks on Economic Criminal Law: Criminal Compliance

On June 23, 2023, the Professorship for Economic Criminal Law, Compliance, and Digitalization at the University of Liechtenstein successfully continued its hybrid event series, 'Liechtenstein Talks on Economic Criminal Law.' The central theme of the fourth conference was 'Criminal Compliance,' a key focus of the professorship's research. Experts from various countries discussed relevant aspects of compliance, particularly for Liechtenstein as a financial center, through five presentations and subsequent discussions. In her opening speech, Prof. Dr. Konstantina Papathanasiou emphasized the practical significance of 'Criminal Compliance' and its growing importance in economic regulation. The conference covered a wide range of topics, from insights into the role of a compliance officer to internal investigations, compliance risk analysis, and the use of IT tools in data forensics. Papathanasiou also highlighted the recent publication of 'Corporate Criminal Law and Criminal Compliance,' available to participants in the LL.M. program in economic criminal law. The presentations delved into diverse areas, such as the role of a compliance officer in Liechtenstein's financial market, the privatization of law enforcement through internal investigations, data protection in internal investigations, compliance risk analysis, and technological innovations in internal investigations. The speakers discussed tools like whistleblower platforms and AI-supported data forensics, addressing both opportunities and challenges