I'm going to take an exam to be certified as a compliance professional on April 1. The exam is offered by the Society of Corporate Compliance and Ethics after the SCCE's European Compliance & Ethics Institute in London.
Entries in Society of Corporate Compliance and Ethics (9)
After three decades in the field, I realized at the SCCE tenth annual conference that something new is taking shape. Let's call it the second generation of compliance.
I could not help thinking about the astonishing positive changes that have occurred as I watched the SCCE’s September 16 general session on the new laws protecting whistleblowers enforced by the SEC’s Office of the Whistleblower.
A new survey of chief compliance officers found that 38 percent of those with overall program responsibility report directly to their company's CEO, while just 18 percent report to the general counsel or chief legal officer.
The Pulitzer-prize winning NY Times reporter David Barstow famously wrote in 2012 that Walmart was an “aggressive and creative corrupter, offering large payoffs to get what the law otherwise prohibited. It used bribes to subvert democratic governance — public votes, open debates, transparent procedures. It used bribes to circumvent regulatory safeguards that protect Mexican citizens from unsafe construction. It used bribes to outflank rivals.”