The 7 Attributes of an Effective Compliance Officer

posted in: Thoughts | 0

While we could probably list dozens of attributes that an effective chief compliance officer SHOULD have, we have come up with 7 that they MUST have. An informal survey of CCOs revealed that the very the first attribute – a keen understanding of the regulatory landscape – has consistently been the most difficult to master.

Read More...

6 Steps to Building an Effective Compliance Program

posted in: Thoughts | 0

Building an effective compliance program goes beyond having a compliance manual or code of ethics, although these are obviously vital components. An effective compliance program is best thought of as a process. Circular in nature, it has a distinct beginning, but no end. Each time through the cycle, imperfections are uncovered, compliance risks exposed, policies and procedures revised and your company becomes that much closer to compliance perfection (illusive though that may be).

Read More...

Does Your Company Have Leaky Plumbing?

posted in: Thoughts | 0

In many ways the policies and procedures that make up your compliance program are analogous to the plumbing in your house. It is not something you typically spend much time thinking about, but if not designed for your specific requirements, professionally installed and quickly fixed when problems arise, you could literally be up to your neck in well, crap.

Read More...