How can a Board work to incorporate the compliance function into a long-term business strategy of the organization? A Board can do so by engaging with the CCO and compliance function through having a strong Board which is committed to doing business ethically and incompliance with anti-corruption laws and engaging actively with the CCO and compliance function. The questions have become even more important after the release of the 2020 Update. Under the topic, Seniority and Stature, are the following question What role has compliance See more +

How can a Board work to incorporate the compliance function into a long-term business strategy of the organization? A Board can do so by engaging with the CCO and compliance function through having a strong Board which is committed to doing business ethically and incompliance with anti-corruption laws and engaging actively with the CCO and compliance function. The questions have become even more important after the release of the 2020 Update. Under the topic, Seniority and Stature, are the following question What role has compliance played in the company’s strategic and operational decisions?

Three key takeaways:

1. Having a long-term strategy is critical.

2. What is the Board’s framework for assessing compliance?

3. Create KPIs to measure senior management’s actions around compliance. See less -