Loyalty — the pros and cons from a compliance perspective
In a time when compliance programs are relentlessly under attack from regulators and being heavily scrutinized for effectiveness, chief compliance officers (CCOs) are increasingly seeking innovative ways to improve the compliance perception throughout their companies and to leverage existing policies, procedures and controls to embed compliance effectively. A key component of a successful compliance program is
knowledgeable professionals delivering exceptional services — only the “human factor” influences the effectiveness of state-of-the-art compliance programs. Today’s compliance officer is seeking new solutions to make the compliance program more sustainable. But how can the corporate culture and loyalty influence the effectiveness of the program? Does “corporate love” reduce fraud and compliance risk?
Read the full report from Ernst & Young here.
