The demands of the compliance and ethics function grow more complex as companies face new regulatory matters, navigate more difficult privacy challenges, and continue to grow their network of global suppliers. In order to handle the many challenges effectively, chief compliance and ethics officers must have strong compliance training programs, efficient hotlines, and management teams that promote a compliant culture. In the year ahead, compliance officers will need to leverage the right technology, people, and processes to best manage compliance and ethics risks facing their organizations.
Consero’s 2017 Corporate Compliance and Ethics Report was developed in connection with its Fall Compliance and Ethics Forums in the U.S. and U.K. The survey questionnaire, which received 50 responses, consisted of fifteen questions covering matters related to departmental priorities, program effectiveness, and data privacy, among others.