US Regulators Increase Focus on Corporate Compliance and Its Gatekeepers

Recent regulator statements and actions stress the need to empower compliance programs and officers and hold them accountable.

As companies navigate the post-pandemic environment, legal and compliance teams should take heed of US regulators’ recent statements, insights gleaned from recent enforcement actions, and evolving best practices to build a compliance program that meets the demands of today’s business realities and regulators’ expectations. Two recurring themes are worth noting: ensuring that compliance programs and personnel are not only empowered but also held accountable to meet the demands of an evolving, technology-driven, hybrid business environment.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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