How has the role of the chief compliance officer changed


Problem: How has the role of the chief compliance officer (CCO) changed over time? (Hint: There are 2 correct answers). CCOs are increasingly expected to act not as niche specialists, but as top level advisors who understand a company's business needs. CCOs are focusing less on high level compliance in favor of more department-specific compliance. CCOs are focusing more on legal issues than ever before. It is more important than ever for CCOs to possess strong interpersonal skills, like listening and problem solving.

 

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