Tuesday, March 12, 2013

Compliance professionals overwhelmingly reject general counsel reporting structure



http://ow.ly/iNQZL

An PR Newswire Release from the International Business Times.

The article provides information from a recent survey and states,"Compliance and ethics professionals are overwhelming opposed to corporate counsel serving as compliance officer, according to recent survey conducted by the Society of Corporate Compliance and Ethics® (SCCE) and Health Care Compliance Association® (HCCA). The survey found 88 percent of compliance professionals reject mingling these two different and important functions; several survey respondents noted that each are full time jobs, with different responsibilities. Compliance professionals also indicated strong opposition to having the compliance officer report to the general counsel. Eighty percent of the more than 800 compliance professionals responding to this survey opposed this structure."

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