31-07-2014
31-07-2014

Risk Angles: Five questions on compliance

Corporate ethics and compliance programs continue to be challenged on numerous fronts. The intricacy and sheer volume of laws and regulations around the globe, the intensifying scrutiny of enforcement officials (and the public), the rising cost of compliance breaches, and the underlying risk of reputation damage are all forces to be reckoned with. Moreover, compliance leaders, often titled Chief Compliance Officers (CCOs), face challenges in how they and their function are perceived within their organization. As they take on new responsibility for risks not previously in their purview, their ability to command a seat at the executive table and offer strategic guidance to the business is increasingly important.

This edition of Risk Angles features an interview with Maureen Mohlenkamp, principal, Deloitte LLP in the United States, about the evolution of the compliance function and the emerging risks compliance executives are focused on today. Also, we take a closer look at the evolving role of the CCO with Aida Demneri, Director of Enterprise Risk Services for Deloitte Netherlands.
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