As companies look to expand into new and emerging markets, they must be more mindful than ever of differences among local laws and regulations to avoid fines and negative press. Bearing the greatest amount of responsibility in this area is the Chief Compliance Officer, whose diligence identifies, analyzes, and mitigates risks before those risks become full-blown crises. With key stakeholders demanding more transparency and accountability, and an increasingly tough enforcement environment, CCOs are more involved than ever before with each element of the organization. With a robust, integrated compliance program in place, global organizations can substantially reduce exposure to unnecessary risk and ensure that they are up to the challenge wherever opportunity takes them.
Consero’s Fall 2013 Corporate Compliance & Ethics Survey,
developed in partnership with The Red Flag Group, included
a variety of questions in the following areas:
The questions were posed to Fortune 1000 Chief Corporate Compliance Officers in connection with Consero’s Fall 2013 Corporate Corporate Compliance & Ethics Forum, which took place in November 2013. A total of 52 responses were provided, yielding data that appears with brief analysis on the pages that follow.