Tagged: corporate board oversight

Five Steps to Improve Board Monitoring of Compliance

Five Steps to Improve Board Monitoring of Compliance

In today’s aggressive enforcement environment, corporate board members have a target on their respective backs.  Even with robust liability insurance, corporate boards are operating in a state of “ignorance is bliss.”  Chief compliance officers face enormous challenges, and perhaps their greatest challenge is enlisting and securing the support of the corporate board.  We often hear about  happy-talk about senior management and board support – but...

Does Your Board Know How to Conduct Oversight and Monitor Your Compliance Program?

Does Your Board Know How to Conduct Oversight and Monitor Your Compliance Program?

There is nothing training cannot do. Nothing is above its reach. It can turn bad morals to good; it can destroy bad principles and recreate good ones; it can lift men to ‘angel ship. – Mark Twain I am always struck by how much is written about tone-at-the-top, board commitment to compliance and specific benchmarking of chief compliance officer access and reporting to a corporate...