Chief Compliance Officer as champion of opportunity and growth

Chief Compliance Officer as champion of opportunity and growth: making compliance the smart business investment it can be.

Extract from Corporate Compliance Insights:

Ralph Waldo Emerson once said, “To be great is to be misunderstood.” These words certainly could be applied to the history of compliance in many organizations. Misunderstood and, in the view of some chief compliance officers (CCOs), the compliance function is often too long ignored as a key function and a significant area of risk for many enterprises. While most organizations accept that compliance must play an important role, the “misunderstood” part comes in when leaders and staff view compliance as an outside imposition, a risk with no reward or a necessary evil.

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