Entries in Rand Center for Corporate Ethics and Governance (5)
A friend of the court (amicus) brief explaining the fundamentals of compliance programs should be prepared, possibly by a new working group led by former DOJ and SEC officials, facilitated by the Rand Center for Corporate Ethics and Governance. The door is open for the opportunity.
The recent Rand Report on senior executive criminal misconduct recommends that companies elevate Chief Compliance Officers as a critical step toward effective compliance. And the compliance profession itself is pushing for CCOs in the C-Suite. Despite all that, the business world isn't in any hurry.
To the Department of Justice and the Securities and Exchange Commission:
The open-letter draft published on October 23, 2013 generated extraordinary interest among compliance professionals and other readers in the United States and in Latin America, India and China -- countries directly affected by the Wal-Mart investigation. Many sent in their observations and support for the letter.