The standard work illustrates the developments in compliance practice and takes into account the experiences and challenges of implementing compliance in everyday corporate life and legal consulting. The authors highlight problem areas, identify necessary actions, and provide recommendations for behavior. The new edition has been adapted to the changing needs of compliance practice. Several chapters have been newly added or redesigned, including sales law, risk areas for credit institutions, supervisory law, and intellectual property. The EU GDPR and the 4th EU Anti-Money Laundering Directive, as well as their implementation into German law, have been incorporated. The handbook offers an overview of the legal systems in Germany, Austria, Switzerland, and the USA, provides legal certainty in defining compliance objectives, and assists in the selection of a compliance officer.