April 2013 Global Compliance & Ethics Report

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April 2013 Global Compliance & Ethics Report

The past year has presented many challenging compliance issues within the global marketplace. As the international economy recovers, corporations are anxious to increase revenue and profitability. But besetting economic growth and expansion is a wide array of new regulations and ethical challenges. This combination creates an abundance of both opportunity and risk, and it is the Chief Compliance Officer’s role to gauge and manage these while promoting ethical behaviour. The need for increased compliance and ethics resources and awareness has strained many organisations. With changing regulatory guidelines, evolving ethical dilemmas, and cross-cultural obstacles intensifying the complexities of global commerce, the Chief Compliance Officer’s expertise has become more vital to the health and sustainable success of today’s large organisations. This survey was developed in connection with an invitation-only event hosted by Consero Group in London in March 2013 for a group of Global Chief Compliance Officers. While this survey was limited to 40 participants, the answers provide some useful benchmarking data, as well as valuable insight into the perspective and concerns of this group of senior executives.

Survey Structure And Methodology

Consero’s 2013 Global Chief Compliance Officer Survey comprised a total of 15 questions in the following areas:

  • Departmental Staff Size & Budget
  • Access To Corporate Leadership
  • Corporate Strategy & Organisation
  • Salary

The questions were posed to all Chief Compliance Officers at Consero’s invitation-only March 2013 Global Compliance and Ethics Forum. A total of 40 responses were provided, yielding data that appears with brief analysis on the pages that follow.

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