Compliance is a dynamic subject and a profession that “never sits still.” Compliance professionals are always developing new ideas, strategies and approaches to solve problems, and increase efficiency and effectiveness. It is a fast-growing profession that is quickly gaining greater acceptance as a critical member of the corporate governance team.
As compliance gains a greater foothold, compliance professionals hopefully will gain access to increased resources. It is a critical issue that companies have to monitor to ensure that the compliance function is not strangled or restricted in effectiveness by lack of resources.
In those companies committed to ethics and compliance, I have observed increasing interest in creating a self-monitoring and review function…
