ethics and compliance


Attributes of a Great Ethics and Compliance Leader

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 the pulse of the company with an inspirational leadership ...


5 Ways to Ensure Board Support for Compliance

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 key bond.


The 5 Key Ingredients to a Culture of Ethics

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 you have these five factors in hand.


Compliance Fatigue — A Dangerous Concept

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 these facts. Let's retire this term, ...

compliance and the board

Compliance and the Board: 3 Expert Opinions

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. Today, three experts weigh in on ...

business relationship

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

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 a priority. Having strong relationships certainly ...

film reels

LRN 308 – Creative Ways to Liven Up Your Ethics and Compliance Program

Some of the risk areas in any ethics and compliance program are very serious: sexual harassment, financial fraud, etc. But the programs themselves don't have to be dull and drab. There's no reason that education around ethics and compliance can't be interactive, engaging and even entertaining. Make your E&C program relevant by helping staff really connect ...

business ethics

The Important Distinction Between Ethics and Compliance

Compliance alone isn't enough, says Michael Volkov. Compliance alone is the bare minimum; fostering an ethical culture takes your compliance program to the next level, requiring little besides commitment. And there's the payoff, of course... employees want to work for companies that operate with integrity, and clients want to do business with ethical organizations.