The role of a compliance people

The role of a compliance officer, sometimes called a compliance manager, is to make sure that a company is conducting its business in full compliance with all national and international laws and regulations that pertain to its particular industry, as well as professional standards, accepted business practices, and internal standards.
There is both an ethical component and a pragmatic component to compliance - a role that is crucial in helping organizations manage risk, maintain a positive reputation, and avoid lawsuits.
Compliance officers must have an innate and intuitive knowledge of the company’s goals and culture, as well as of the greater industry and standard business law. They are charged not just with keeping a company’s business dealings ethically sound and legally pristine, but with educating the entire company and instituting practices that will ensure the highest possible level of compliance.
“The most effective line of defense a corporation can implement against federal prosecution, including both civil and criminal enforcement, is an efficient and effective compliance program. An efficient and effective compliance program is not attainable without the right compliance officer.” - Niki Zotou, Manager of the Legal Division at Robert Walters, New York.

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