Improvements to compliance programs, likely combined with recent political changes, are helping to reduce compliance executives’ concerns about personal liability. At the same time, the compliance function is becoming more independent and prominent in large organizations worldwide – though there remains room for improvement.
These are among the top findings in DLA Piper’s 2017 Global Compliance & Risk Report. Taken as a whole, this year’s survey data reveals encouraging trends – the growing independence of compliance programs and the greater support they’re receiving in the form of increased resources and program improvements. But it also depicts a concerning gap in the relationship between compliance and directors.
In an effort to assist compliance officers in closing that gap, we have assembled a set of basic principles and best practices for board communication, training and counsel. To learn more, please click here.