Your front-line staff should be your best compliance envoys

What Good Compliance Looks Like

Posted by - March 7, 2016
To elevate “compliance” from an overused buzzword to a real value and operational commitment, leadership must empower their front-line employees to broadcast the organization’s message of ethics and compliance, and trust them to do it.

Ethics and Compliance Predictions for 2016

Posted by - January 7, 2016
The year ahead is full of promise. Good news for all here: we’ll no doubt continue to see the rise of the compliance profession in 2016. Michael Volkov forecasts changes to come and trends to watch.

Attributes of a Great Ethics and Compliance Leader

Posted by - November 18, 2015
The best E&C leaders foster an ethical culture in their organizations, but they also realize that tone in the middle is just as important as tone at the top – if not more so. The importance of middle managers in ethics and compliance cannot be underestimated. Pair a finger on…

5 Ways to Ensure Board Support for Compliance

Posted by - November 9, 2015
It’s absolutely critical that the Chief Compliance Officer and the Board of Directors work together to achieve a culture of ethics and compliance. With the Board’s backing, a CCO’s influence is far greater. Establishing that relationship, however, may be a daunting proposition. Michael Volkov outlines five steps to build this…

The 5 Key Ingredients to a Culture of Ethics

Posted by - October 12, 2015
Organizations that don’t intentionally foster and maintain a culture of ethics to so to their detriment. The company’s opportunities are limited, its employees’ loyalty may be diminished and – sooner or later – the bottom line is negatively impacted. So if a culture of ethics is your aim, make sure…

Compliance Fatigue — A Dangerous Concept

Posted by - September 29, 2015
As the corporate purse strings tighten, it's not uncommon to start hearing whispers about "compliance fatigue." But the reality is that the compliance function requires relatively little in the way of funding, and the financial savings achieved by remaining compliant are huge. It must be easy to lose sight of…

Compliance and the Board: 3 Expert Opinions

Posted by - July 8, 2015
As regulatory oversight increases, so does the importance of managing compliance risk. Given its purpose and charge of protecting the company, the Board can't afford to sit idly and leave the task of managing compliance risk entirely to others. No, the Board ought to be taking an active role here.…

The New Role of the CCO: Good News and Bad News

Posted by - June 5, 2015
Which do you want to hear first? It seems the role of the CCO has gained steadily in influence, but there's progress to be made yet. CCOs must be viewed and treated as business partners in their organizations, which means they've got to make building relationships with other business partners…