The last few years have seen growth in corporate regulation and the expansion of new areas of risk for U.S. companies. As might be expected, this has given compliance officers on the whole a lot of work to do and raised their profiles, to some extent, within their organizations.
But does all this attention mean the compliance function is getting all the funding and the strategic attention it needs? The answer, according to a new report from the Consero Group and law firm Broad and Cassel, is fairly mixed. Their recent “Corporate Compliance and Ethics Data Survey” asked chief compliance officers at Fortune 1000 companies about their roles and activities within their companies, and got some revealing answers about the state of corporate compliance.
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