Resources, Resources, and More Resources – The True Test of an Effective Ethics and Compliance Program
An effective ethics and compliance program depends on the Chief Compliance Officer’s authority, independence, and resources. A company’s commitment to a compliance program requires money and employees – there is no question that words of support, organizational status in the C-Suite and a robust board reporting relationship are all important. However, all those elements are important but, in the end, those principles mean relatively little...