Posts

Am I a Good Compliance Officer?

“I was recently asked to write an article on what it takes to be a ‘good’ compliance officer.  The question felt enormous.”

Compliance in Sarajevo

I received an email from a consultant in Sarajevo Bosnia-Herzegovina asking me to come speak at a compliance conference that was likely to be the first-ever compliance conference in Bosnia.

Why Compliance & Ethics Staff Compensation Matters

How important is it, if the compliance and ethics staff members are paid poorly and feel that they are in a dead-end job?

5 Ways to Be a Wildly Effective Compliance Officer

Being a compliance officer is tough. The myriad of legal challenges you need to sidestep everyday, is endless. However, in you highly competitive field, simply being average is not enough. This article summarizes five ways that you can insure that you’ll be a “wildly effective compliance officer”.

 

The Ethics and Compliance Officer’s Many-Colored Hat

As a compliance officer faced with a multitude of challenges from all walks of life, it is crucial that you are flexible and can adapt to situations easily. This article summarizes thirteen key disciplines that have influenced the Ethics and Compliance field and are important competences for a compliance officer to have or acquire through others to effectively manage an ethics and compliance program.

 

 

5 Essential Elements of Corporate Compliance – A Global Template

Although enforcement guidelines around the world vary in length, tone and language, virtually all touch upon a set of key issues that Baker & McKenzie has boiled down to five essential elements: leadership, risk assessment, standards and controls, training and communication, and oversight.

 

 

Evolving Legal Standards for Compliance Officers

Evolving Legal Standards for Compliance Officers

Corporate compliance officers are used to facing pressure from within their companies to protect them from legal exposure, but increasingly, external pressure from regulators means that compliance officers themselves may face liability if something goes wrong. The recent enforcement cases holding compliance officers liable for failing to implement effective compliance programs and the debate that has ensued indicate that the issue remains unsettled, but the overall trend appears to be toward growing individual accountability.

 

Evolving Legal Standards for Compliance Officers

“Corporate compliance officers are used to facing pressure from within their companies to protect them from legal exposure, but increasingly, external pressure from regulators means that compliance officers themselves may face liability if something goes wrong. The recent enforcement cases holding compliance officers liable for failing to implement effective compliance programs and the debate that has ensued indicate that the issue remains unsettled, but the overall trend appears to be toward growing individual accountability.”

 

 

Overreach: A Sure Way to a Compliance Officer’s Demise

“Ethicists say, ‘Go beyond compliance to ethics.’ I will be glad to go beyond compliance— once we stop breaking the rule of law. You cannot possibly have an ethical culture if you are breaking the rule of law. Stop dismissing compliance for ethics and suggesting that compliance officers should just focus on ethics. We need both.”

 

 

Time Management: 50 Bucks Worth

Jim Rohn once stated, “Either I run the day or the day runs me.” Time management is crucial to any effective compliance officer. This article give some valuable tips to ensure that you manage your time effectively.