executive sessions Archives - Corruption, Crime & Compliance

23 Sep, 2021

4 Requirements for a Healthy Relationship Between a CCO and the Corporate Board

Chief compliance officers need the support and advocacy of the corporate board to have a chance to succeed. A CCO has many important relationships to protect and nurture within the company. None is more important that the CCO’s relationship with the Board. In recognition of this basic requirement, CCOs have to dedicate themselves to building a strong and positive relationship. A basic list of four...

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18 Sep, 2017

4 Signs of a Poor Relationship Between a CCO and the Board

Chief compliance officers have to devote more time to establish and maintain a positive relationship with the corporate board or audit/compliance committee. CCOs have a lot of responsibilities and feel a lot of pressure to address internal operational issues. It is easy to “ignore” the importance of a positive relationship with the corporate board. A CCO who has a strong relationship with the company’s board...