The role of a Chief Compliance Officer and compliance function has grown in prestige and in the eyes of regulators. Has your CCO and compliance function kept up? Who do they report to? What are their subject matter expertise? Do they have not only adequate budget but adequate resources to properly function? Equally important, does the CCO and compliance function have real authority to stop actions in a company which violate the company’s own compliance program? These are all questions which require answering under Hallmark III.