The Board’s Evolving Role in Corporate Compliance

Corporate Compliance Insights

The article discusses effective corporate compliance, analyzing case law which helped establish today’s regulatory and legal frameworks. It reviews laws such as the Federal Sentencing Guidelines for Corporations (including a 2010 amendment regarding compliance and ethics programs). The article explains the whistleblower program under the Dodd-Frank Act. It reviews the responsibilities of the audit committee, setting forth five active steps for a robust and effective compliance program. Finally, the article concludes compliance is necessary for a corporation’s reputation and bottom-line, and that the board must take ownership of clearly articulated compliance measures.

To read the article, click here.